Member-managed LLCs and manager-managed LLCs differ based on whether the owners make day-to-day business decisions. Many, or all, of the products featured on this page are from our advertising ...

Businesses are often investment opportunities for people other than the business owners. Not every interest in a business is the same, however. Some businesses offer interests that entitle the holder ...

The success of any organization is often determined by the effectiveness of its leadership, and at the heart of this leadership is the board of directors. Board members play an instrumental role in ...

Associations are laser-focused on member retention rates. Unfortunately, according to a report cited in ASAE’s Associations Now, retention rates for all members are falling. The numbers for new ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Charlene Rhinehart is a CPA , CFE, chair of an Illinois CPA Society committee, and has a ...

Your business attorney may have audibly sighed with relief when you decided to set up your small business as a limited liability company. Attorneys tend to like this structure because it shields their ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...