Boards…

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I wrote recently about a new type of company, and have discussed the considerations for startups, as well as different sorts of company structures.  (You can search the index for LLC, S, etc. to find more resources.)  As part of the discussion of “B” entities, I alluded to the function of a Board of Directors.

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Driving while teen

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I’ve been driving a car for more than 45 years now.  Or, to quote my driver ed instructor, with the ONE piece of information he provided me, I’ve been operating a vehicle for more than 45 years now.  His exact statement was, “I am only able to teach you how to operate a vehicle.  After you master that, you will finally be able to drive one.”   Which is why he followed me home often, making me walk several miles to double back and retrieve my car.  Because he knew that I was driving a car- and clearly had been doing so for a long time before I took his driver ed course.

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LLC, S, C, and now B?

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Up April 2010, the choice when incorporating a not-for-profit entity was a C (sometimes termed a “regular”)  corporation.  Now, there’s a new choice- the B corporation, a benefit corporation.  This new corporate entity exists “for profit”- but is, theoretically, charged to benefit stakeholders OTHER than shareholders.  At least, if you plan to incorporate in the following states- New York, New Jersey, California, Virginia, Hawaii, Vermont, Colorado, North Carolina, Pennsylvania, Michigan, Washington, and the first state to do so- Maryland, you can form a B corporation.

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When is a Seizure an Emergency?

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The first time- and almost every time- you see someone have a seizure, you are frightened.  Especially if it’s your child.  You want someone to DO SOMETHING.  But, some seizures are best left to their own courses, and some need intervention.    Physicians will tell you they determine the severity of a seizure by how long it lasts- but that’s not a clinically responsible answer.  Seizures are more severe when brainwaves are suppressed- but that requires EEG measurements, which require tons of sensors about the scalp and head.  And, these are virtually impossible to wear all the time and typically would not survive a seizure, anyway.

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You thought the ethanol battle was tough?

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Regardless of whether you think we need to regulate our economies based upon greenhouse gases, you must recognize that we need to limit those gas emissions.  Which means that the US and China need to make some pretty big changes.  It turns out so does Indonesia.  No, it’s not the third largest economy- not by a long shot.  Nor does it house tons of industry.

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Soon, not a drop to drink…

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I’ve discussed on several occasions that the world’s next wars will be over water.  Not only because we are running short of potable water, but because we are running short of water for almost all purposes.  It doesn’t help matters that there is no international treaty that governs actions when waterways cross national boundaries.  Typically, it means that downstream nations get the short straw.

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A slightly different survey…

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And, now cometh a new survey.   One by USBancorp, the fifth largest commercial bank in the US (grown by merger of banks in the West and the Upper Midwest).  One in its third year- and it is an annual survey.  But, their definition of small business is different than that of BankofAmerica, which I discussed on 31 May 2012.  (I told you we did not have uniform definitions!)  USBank (the name under which USBancorp operates) polled 3220 businesses (small?) with $10 million in revenues or less.  (BankofAmerica limited their polling choices to those with half that turnover.  (The survey results are no longer found on the web [2020].)

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