A Jargon-Free Guide to Low-Profit Limited Liability Companies (L3C)
NonProfit Hub
JUNE 1, 2017
L3Cs were designed to make it easier for socially responsible businesses to attract money from foundations and private investors. Other examples have included farmers’ markets, newspapers, law groups and art centers. And now the million dollar question: is this business model right for my organization? Can I start an L3C?
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