A Jargon-Free Guide to Low-Profit Limited Liability Companies (L3C)
NonProfit Hub
JUNE 1, 2017
Let’s explore just one of the many options you have in starting a socially responsible organization: a low-profit limited liability company (L3C). Well, what is a Low-Profit Limited Liability Company (L3C)? L3Cs were designed to make it easier for socially responsible businesses to attract money from foundations and private investors.
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