Member-managed LLCs and manager-managed LLCs differ based on whether the owners make day-to-day business decisions. Many, or all, of the products featured on this page are from our advertising ...

When starting your limited liability corporation (LLC), one of the first things you’ll have to do is decide what kind of LLC you want to build. Some are small ventures run by one person or a family.

Opinions expressed by Entrepreneur contributors are their own. A corporation isn’t required to have a full team of c-suite executives and large, formal shareholder meetings. It is possible to be the ...

LLC enabling statutes authorize two types of management structures. The default structure is member-managed in which all members participate in the management of the company’s business affairs. Member ...

Many business owners don't realize the limited liability company structure has several variations. LLC, PLLC, foreign LLC, series LLC, member-managed LLC, manager-managed LLC — oh, my! Indeed, there's ...

A limited liability company (LLC) is a private company where the members or partners are allowed to gain some protection from liability, while passing taxes down as individuals. There are different ...

A limited liability company (LLC) is a business structure combining the tax advantages of a partnership with the liability protections of a corporation. Many, or all, of the products featured on this ...

Looking to protect your assets and simplify the process of starting a business? Look no further than the Limited Liability Company (L.L.C.). This versatile business structure offers limited liability ...