Скачать или смотреть What do you need to know about manager-managed LLCs?

So, you’re wondering if a manager-managed LLC is a fit for you. Continue to watch this video to find out if a manager-managed LLC is the ideal choice for you.

What does a manager-managed LLC structure look like?
The owners elect a manager or managers to handle day-to-day business decisions. Members still retain authority over some things.

When is a manager-managed LLC a good choice?
It’s appropriate when an LLC has investors or silent partners who own a portion of the business but don't have the time or expertise to make day-to-day decisions.

Pros of manager-managed LLC
Makes it easier for large LLCs to operate quickly.
Allows managers with active control to make quick decisions without having to get the consensus of all owners.
Centralizes decision-making authority, preventing a “too many cooks” situation.

Cons of manager-managed LLC
All owners don’t get to participate in management decisions.
Need to carefully document the manager’s authority in the operating agreement.
A professional manager needs to earn a salary, which can be hard on smaller businesses.

If you haven’t checked out the member-managed LLC video yet, be sure to watch that one too    • What do you need to know about member-mana...  
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