Whats the Difference Between CEO and President?

CEO vs. President The CEO is the highest-ranking officer while the president is second-highest. The CEO carries out a company’s mission and strategy. The president manages operations. The CEO builds shareholder wealth, market share and company culture with a long-term vision. The president ensures daily operations meet short and long-term goals. Roles in Companies In … Read more

Can You Pay a Manager in an LLC?

Managing Member Salary in an LLC It’s a newly formed LLC, and there’s no income, probably not for many months, so realistically can’t pay any salary to the manager. Meanwhile, it is a bit odd that the LLC is manager-managed, yet the manager is the sole member. If a limited liability company’s manager is to … Read more