Member Managed vs Manager-Managed LLC: Which One is Right for You?
Should I choose member managed or manager-managed? Since you both are actively involved in operating the business, you should opt for a member-managed LLC. Member-managed LLCs are more common than manager-managed LLCs. If you don’t specify a management structure in your LLC operating agreement, you’re by default a member-managed LLC. Read more on www.nerdwallet.com Choosing … Read more