Hartford County Business Lawyer Discusses a Member Managed LLC vs a Manager Managed LLC

More often, I get asked as a Hartford County Business Lawyer the differences in a Member Managed LLC and a Manager Managed LLC.  One of the big differences with a Member Managed LLC is the business partnership, while in a Manager Managed LLC it is ran more like a corporation.  In a Manager Managed LLC the owners of the business act as a board of directors, having selecting a manager to act as a “CEO”.  As a Hartford County Business Attorney I also let clients know that with a Member Managed LLC, the owners operate collectively working day-to-day.

If you ever need help operating a Member Managed LLC or a Manager Managed LLC, please contact our experienced Hartford County Business Lawyer.

This informational video was brought to you by Attorney Eric L. Foster, an experienced Hartford County Business Lawyer.