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By treating employees and customers well, businesses can gain the community’s support. False or discriminatory advertising, negative treatment of employees and ignoring safety concerns in products can undermine consumer confidence. For example, small businesses depend on reputation and trust among people in the community.
Now, you can create a benefit corporation in: Arkansas, California, Colorado, Delaware, Florida, Hawaii, Illinois, Louisiana, Maryland, Massachusetts, New Jersey, New York, Oregon, Pennsylvania, Rhode Island, South Carolina, Vermont, Virginia, and Washington D.C., with many more states in the pending legislation phase.
No problem at all, but it didn’t really differentiate me from the thousands of other interior designers out there, or give any clue to what we are about. For many years, I’ve been influenced by a story that changed the course of employee wellbeing in the U.S. Meanwhile, I’d been driving around with our tagline, “Seriously.
A B Corp has a fiduciary responsibility with regard to the interests of its employees, the community and the environment, as well as its shareholders. Maryland was the first state to pass benefit corporation legislation in April 2010, followed by Hawaii, Virginia, California, Vermont, New Jersey and New York.
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