What will I need to prepare before completing the Challenge?

By |2019-02-06T12:43:33-07:00February 6th, 2019||

The following items may be helpful when completing the Challenge: Company’s financials. It may be helpful to have either a Profit & Loss Statement or your accounting system (e.g. QuickBooks) open. Supplier information. If possible, refer to a vendor ledger with amounts spent in the 12 months. This will help you answer many questions related [...]

Who in our business should complete the Challenge?

By |2019-02-06T12:42:54-07:00February 6th, 2019||

Anyone that is interested! There’s no minimum title or tenure to take the Challenge. We recommend appointing one team member as a lead; this individual typically completes a first draft of the Challenge and then convenes a supporting team to assist with double-checking responses. CEOs, CFOs, HR Managers, COOs, Associates, and Interns have all taken [...]

Who developed the standards contained in the Challenge?

By |2019-02-06T12:42:20-07:00February 6th, 2019||

The questions in the Best for Colorado Challenge come from the B Impact Assessment, a comprehensive impact assessment tool created and administered by the non-profit B Lab. The questions in the B Impact Assessment & Best for Colorado Challenge are created and revised by B Lab’s Standards Advisory Council, a group of independent experts with deep industry and [...]

What kind of businesses should take the Challenge?

By |2019-02-06T12:41:39-07:00February 6th, 2019||

The Challenge contains questions that apply to all businesses, regardless of your business size or sector. You will be shown questions that are tailored to your business’s size and industry. Most businesses that complete the Challenge have under 50 employees, but it is built to accommodate businesses of any size.

How long does the Challenge take?

By |2019-02-06T12:40:23-07:00February 6th, 2019||

Answering all Challenge questions takes about 30 minutes for most small businesses. We strongly encourage you to estimate your answers the first time through. The time it takes to answer questions depends on the size, age, and complexity of your company. The assessment can be saved and revisited at any time to allow — if [...]

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