Beresford Basics: LLCs 101 Part 2: Navigating the LLC Landscape – Three Key Features of LLCs
Section A: Member-Managed and Manager-Managed LLCs A member-managed LLC and a manager-managed LLC are two different ways of organizing the management structure of a limited liability company. The main difference is who has the authority and responsibility to make decisions and run the business on a daily basis. Here are some key points to compare… Read More