Is it Better to be a Member or a Manager of an LLC?

Is it better to be a member or a manager of an LLC? A member-managed structure will work best for some LLCs while a manager-managed structure may be a better option for others. Many single-member LLC owners also find it helpful to hire a manager to take over some management responsibilities. Read more on howtostartanllc.com … Read more

Can Anyone Make a Business Contract?

Can anyone make a business contract? A business contract is a legal agreement between a buyer and seller of goods or services. Business contracts can be used by anyone making any kind of business exchange ? from large companies to individuals. Read more on legaltemplates.net A successful firm is built and maintained with the help … Read more

Alabama LLC Operating Agreement: Is it Required?

Does Alabama require an LLC operating agreement? Alabama does not require LLCs to have operating agreements, but it is highly advisable to have one. An operating agreement will help protect your limited liability status, prevent financial and managerial misunderstandings, and ensure that you decide on the rules governing your business instead of state law by … Read more

Is My LLC in Good Standing Arizona?

Is my LLC in Good Standing Arizona? If a corporation or LLC is listed in our records, it means only that the entity was created or registered in Arizona. If the entity is shown to be “”in good standing,”” that means only that it is currently in compliance with filing requirements under Arizona law. Read … Read more

Which State is Better for LLC in USA?

Which state is better for LLC in USA? Delaware. Delaware takes one of the top spots as the best state to form LLC. More than 50% of all U.S. publicly-traded companies and roughly 63% of Fortune 500 companies are incorporated in Delaware. Read more on www.patriotsoftware.com You might be asking which state is the best … Read more

Can You Walk Away from a Suspended LLC?

Can you walk away from a suspended LLC? To summarize, unless you have done something unusual or inappropriate, you probably can walk away from your suspended LLC. Read more on danashultz.com Since an LLC gives personal liability protection and is simpler to run than a corporation, many business owners opt to create one. However, for … Read more

Can an LLC Own its Own Membership Interests?

Can an LLC own its own membership interests? Yes, an LLC can purchase a member’s membership interest in the LLC, under the terms and conditions governed by its Operating Agreement (which may require consent, outside valuation, etc). Read more on www.quora.com Because they provide the liability protection of a corporation and the flexibility of a … Read more

How to Find a Statutory Agent in Arizona

How do I find a statutory agent in Arizona? To find a company’s registered agent, you can do an Arizona business name search. Type in the name of the company you’re searching for. In the results, you’ll find the registered agent’s name and registered office street address. Read more on www.northwestregisteredagent.com A statutory agent in … Read more

Does Georgia Require an LLC Operating Agreement?

Does Georgia require an LLC operating agreement? Georgia does not require LLCs to have operating agreements, but it is highly advisable to have one. An operating agreement will help protect your limited liability status, prevent financial and managerial misunderstandings, and ensure that you decide on the rules governing your business instead of state law by … Read more