Roles and Titles in an LLC
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Member’s Role and Title
The owner of an LLC is called a member. LLCs can have one or more members. Members are the owners of the LLC and therefore have a say in how the business is run. They can vote on major decisions and influence the direction of the company. An LLC offers a flexible structure for owners, who can take on roles similar to those of sole proprietors, partners, or passive investors. -
Choosing a Title
If you’re the head of an LLC, you’ll find that there are also several options for the title you give yourself. You aren’t required to call yourself president or CEO. But the reality is that you do need a title for business and organizational purposes. -
Management Structure
An LLC can choose to be member-managed or manager-managed. A member-managed LLC is one whose daily operations are handled by all active members. In comparison, a manager-managed LLC is one that is managed by an individual or entity elected by the members of the LLC. Managers are not necessarily owners of an LLC, but the company can elect to make a member the LLC’s manager. This role often comes with a title such as “managing member.” or “member-manager.” -
Overview of LLC Structure
The Limited Liability Company (LLC) business structure is a popular choice for entrepreneurs in nearly all industries because of its simplicity, personal liability protection, and tax and management flexibility. An owner of an LLC is called a member, and an LLC may have one or more members. What LLC members call themselves — i.e., titles for LLC owners — depends on their individual preferences and what is most appropriate for their involvement in operating the business. No specific rules exist for what LLC members may call themselves.