SINCE 1974
What Is a Member-Managed LLC? In a Member-Managed LLC, all of the Members are involved in running the business. So, the Members are both the owners and the Managers of the company. In a Member-Managed LLC, each Member can: Sign contracts for the company; Hire employees; and, Make decisions about the company’s direction. What […]
Continue Reading
Does an LLC Need to Have a President? LLCs are generally not required to name a president. Each state has different laws for forming LLCs, however, most states give LLC owners freedom to structure their company how they want. This includes whether to appoint officer titles in the company or not. Do LLCS Have Officers? […]
Continue Reading When it comes to setting up a business, there are different company types to choose from. One of the most popular is the Limited Liability Company (LLC). An LLC is like a blend of a partnership and a corporation. It offers the owners, known as members, protection from personal liability, similar to a corporation, while […]
Continue Reading