Member Managed LLC

Starting a new LLC is a big endeavor. There are a number of decisions that you need to make when starting your new business that is important for your new LLC. One of those decisions that you should be making is the management structure of the LLC. There are two common types of management structures that can be used in single-member LLCs and multi-member LLCs: manager-managed LLCs and member-managed LLCs.

In this guide, I will discuss the differences between these two management structures to help you decide the best structure for your LLC.