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Page 1Page 4Whats in a Name? Challenges and Pitfalls
in Naming a New BusinessDeadline for Limited Liability Companies
by Richard J. Keller and Christopher D. Stall
Owners of Minnesota LCS formed
under
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What is challenges and pitfalls?
Challenges and pitfalls are potential risks, obstacles, or difficulties that may arise during a project, task, or process.
Who is required to file challenges and pitfalls?
Individuals or organizations responsible for overseeing or implementing a project are required to file challenges and pitfalls.
How to fill out challenges and pitfalls?
Challenges and pitfalls can be filled out by identifying potential risks, providing solutions or mitigation strategies, and assigning responsibility for addressing them.
What is the purpose of challenges and pitfalls?
The purpose of challenges and pitfalls is to proactively identify and address potential risks in order to prevent obstacles or setbacks in a project or task.
What information must be reported on challenges and pitfalls?
Information such as the nature of the challenge, potential impact, proposed solutions, and responsible parties must be reported on challenges and pitfalls.
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