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 ...

Laws around limited liability companies are relatively flexible regarding how the owners organize their company structure. While some have traditional corporate officers like presidents, CEOs, vice ...

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 ...

At the start of a business venture, especially when the entity is formed with family or friends, independent greed or oppression is rarely at the forefront of planning. Indeed, in today’s fast-paced ...