Law Office of David M. Goldman PLLC represents individuals and Florida Businesses in Jacksonville and the surrounding areas in Florida Business law and Florida Business Formation. Our Florida Business Attorneys and Florida Business Lawyers work with clients in to help them choose the correct entity to use when conducting business.
The Florida LLC is unique in terms of management choices. You can elect to have the member manage the entity like with a general partnership or have managers, who may or may not be members, manage the LLC. The manager-managed option is similar to what is found with a S-Corp or C-Corp. The big difference is that with a corporation the shareholders elect the directors, and the directors control the officers. With a LLC the member elect and control the managers so the members have direct control over the officers or day-to-day managers of the company.
Members make the decisions in a member-managed LLC and Managers make the decisions in a manager-managed LLC.
Its important to remember that a Manager does not have to be a shareholder or person. The manager can be another entity.
If you need help with starting or managing a Florida Business CONTACT our Florida Business Lawyers by email or call us at 904-685-1200 to discuss your situation today.