As I sit down to write about the intricacies of choosing the right management structure for a Limited Liability Company (LLC), the words of Aristotle come to mind: “The whole is greater than the sum of its parts.” This age-old wisdom holds true when it comes to the decision between LLC member managed and manager managed structures. The choice between these two approaches can have a profound impact on the success and efficiency of a business. But what exactly are the differences? How do they affect decision-making processes and day-to-day operations? And, most importantly, how can one make an informed choice? Join me as we delve into the world of LLC management structures and uncover the key factors to consider when choosing the right approach for your business. Read More