For Benefit Corporation Models: Difference between revisions
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(Created page with ' =Typology= #Social Business as described by Muhammad Yunus, #Beneficial Corporations (B-Corps), #Low Profit Limited Liability Companies (L3C) and the #[[UK Comm...') |
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=Typology= | =Typology= | ||
#[[Social Business]] as described by Muhammad Yunus, | #[[Social Business]] as described by Muhammad Yunus, | ||
#[[Beneficial Corporations]] (B | #[[Beneficial Corporations]] ([[B Corporations]]), | ||
#[[Low Profit Limited Liability Companies]] (L3C) and the | #[[Low Profit Limited Liability Companies]] (L3C) and the | ||
#[[UK Community Interest Company]] (CIC) model. | #[[UK Community Interest Company]] (CIC) model. | ||
=Example= | |||
P-CED: | |||
"P-CED is now UK based as a profit-for-purpose company, since 2004. We conduct small business for profit in UK, and invest profits for social purpose under UK rules. This is somewhat similar to non-profit in the US, except we can conduct any business we see fit according to normal business rules without restrictions that bind non-profits or charities. We pay company and personal taxes according to usual business rules. Profits are not shielded in any way from normal taxation that any for-profit business has to pay. Whatever is left over is invested in the social purpose or purposes of our own choosing." | |||
(http://people-centered.net/About.aspx) | |||
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[[Category:Encyclopedia]] | [[Category:Encyclopedia]] | ||
[[Category:Post-Corporate]] | |||
[[Category:Business Models]] | |||
Latest revision as of 06:41, 19 November 2015
Typology
- Social Business as described by Muhammad Yunus,
- Beneficial Corporations (B Corporations),
- Low Profit Limited Liability Companies (L3C) and the
- UK Community Interest Company (CIC) model.
Example
P-CED:
"P-CED is now UK based as a profit-for-purpose company, since 2004. We conduct small business for profit in UK, and invest profits for social purpose under UK rules. This is somewhat similar to non-profit in the US, except we can conduct any business we see fit according to normal business rules without restrictions that bind non-profits or charities. We pay company and personal taxes according to usual business rules. Profits are not shielded in any way from normal taxation that any for-profit business has to pay. Whatever is left over is invested in the social purpose or purposes of our own choosing."