When forming a Limited Liability Company (LLC), a common question arises: what is the official title of an LLC owner? Unlike corporations with their defined roles of shareholders, directors, and officers, LLCs offer more flexibility. This flexibility extends to how owners are referred to and how their management structure is defined. The specific title an LLC owner holds often depends on the company's operating agreement and its management structure: whether it's member-managed or manager-managed. Understanding these titles is crucial for clarity within the business, for legal and tax purposes, and for maintaining accurate records. While there isn't a single, universally mandated title for every LLC owner, the terms 'Member' and 'Manager' are the most prevalent and carry significant meaning. Lovie specializes in helping entrepreneurs navigate these foundational aspects of business formation, ensuring your LLC is set up correctly from the start, whether you're forming in Delaware, California, or any of the other 49 states.
Start your formation with Lovie — $29/month, everything included.