Low-Profit Limited Liability Company (L3C)- How to be a Nonprofit/For-Profit Hybrid

Low-Profit Limited Liability Company (L3C)- How to be a Nonprofit/For-Profit Hybrid: "L3C organizations are a new way to fulfill a social mission. A hybrid of a nonprofit and for-profit corporation, the L3C is run in a similar way to a for-profit company, but is like a nonprofit in that its mission is to do something for the social good."