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A Jargon-Free Guide to Low-Profit Limited Liability Companies (L3C)

NonProfit Hub

In this blend, an L3C is a private organization that does earn profits, but only so that it can conduct business to help a certain cause. Other examples have included farmers’ markets, newspapers, law groups and art centers. In essence, it operates to better social welfare in some way. Can I start an L3C? North Dakota. Rhode Island.

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Are Social Enterprises Viable Models for Funding Nonprofits?

ASU Lodestar Center

While businesses have traditionally focused narrowly on generating profits for shareholders, many nonprofits (despite their skills and dedication to their missions) have lacked adequate marketing skills (Billitteri, 2007), often resulting in financial hardship.

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