Businesses growing in Nebraska, especially LLCs

LINCOLN, Neb. — Nebraska Secretary of State John Gale said businesses are growing in the state, and he has seen a rise in new businesses establishing themselves as LLCs. He said the number of LLCs in the state went up 16 percent between 2013 and 2014.

“New businesses enterprises prefer the LLC over a domestic corporation due to the increased flexibility, less formalized operational requirements and greater ease of dissolving. Additionally, the investors are usually the managers,” Gale said. “I think this increase in domestic LLCs is a good marker and reflects a robust entrepreneurial drive across Nebraska to start new businesses.”

Among the most popular business entity types in Nebraska, growth increased four percent from 2013 to 2014. They include foreign and domestic corporations, nonprofits, LLCs, limited liability partnerships (LLPs), and limited partnerships (LPs). Among those categories, there were a total of 130,590 entities on file at the end of the year. They included two businesses which were created under a class of entities approved by the state Legislature in 2014 known as benefit corporations.

Source: Business Wire

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Kelley Chambers

Kelley Chambers is a writer and editor with more than 10 years of experience covering news in Oklahoma. He has worked for the The Oklahoman, was editor-in-chief of The Vista at the University of Central Oklahoma, served as writer and later editor-in-chief of okcBIZ magazine,...