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What is a Registered Agent?

What is a Registered Agent?

A registered agent (also known as a statutory agent or resident agent) is a person or business that accepts legal notifications on behalf of your LLC. This is an important role which keeps your business in good standing with the state.   Is a Registered Agent Required? Yes. No matter … Read more about What is a Registered Agent?

What is a Corporate Veil? (How to Protect Yourself)

What is a Corporate Veil? (How to Protect Yourself)

If you’re a member of a limited liability company, or if you’re considering starting an LLC of your own, it’s likely that you’ve heard the term “corporate veil.” The corporate veil refers to a company’s limited liability protection, which prevents creditors from pursuing an LLC member’s personal … Read more about What is a Corporate Veil? (How to Protect Yourself)

What is an LLC Member?

What is an LLC Member?

If you’re looking into forming a limited liability company, you may be wondering what an LLC member is. A member of an LLC is also an owner of that business, but there’s a variety of other tasks they may be expected to handle. In addition, there are also single-member LLCs and multi-member LLCs, … Read more about What is an LLC Member?

What is an LLC Manager?

What is an LLC Manager?

For the most part, the formation process for a limited liability company is pretty basic. There are some elements, however, that can cause some confusion, like the role of an LLC manager. In fact, many LLCs don’t have managers at all! So, what is an LLC manager, what is their job, and which LLCs … Read more about What is an LLC Manager?

What is an LLC Organizer?

What is an LLC Organizer?

Are you in the process of forming a new limited liability company, but you’re not sure what the term “LLC organizer” means? Are you wondering what the difference between an LLC member and an LLC organizer is? There are several roles involved with LLC formation and maintenance, and while some of … Read more about What is an LLC Organizer?

LLC vs Sole Proprietorship: What’s Their Difference?

LLC vs Sole Proprietorship: What’s Their Difference?

One of the most common questions we hear from entrepreneurs is, “Should I run my business as a sole proprietorship, or form a limited liability company?” While both business types can be run as one-person companies, there are quite a few major differences between them. Depending on the nature of … Read more about LLC vs Sole Proprietorship: What’s Their Difference?

What is a Multi-Member LLC?

What is a Multi-Member LLC?

Do you run a business with two or more members, and you’re looking to form an entity that gives you legal protections in case of a lawsuit? Are you uninterested in jumping through the legal hoops and paying the necessary fees to form a corporation? If so, a multi-member limited liability company … Read more about What is a Multi-Member LLC?