Yes, an LLC can be a partner is a partnership and they often are. In this case, all partners in the general partnership are general partners.
A managing member in an LLC is a person who holds an ownership interest the company. However, that person also is active in the day to day management of the company.
Similarly to any other corporation, you can seek private investors to partner with or issue stock.
The definition of an LLC is a limited liability corporation. And as such each partner has a very limited liability to the actions of other partners. If a scam is involved then an investigation will be launched into who was involved but as far as financials go I believe that the company will take the hit on a defaulted loan and not the partners own pockets.
yep trust is the main thing in your relationship
There are multiple mobile partner groups loated in Texas. One group, which is located in Houston, Texas, is called Mobile Partner Group LLC. Hope this helps!
If the home foreclosed on happened more then two years ago you should be in the clear. A silent partner is probably the way to go.
LLC
MLM Lead Pro is a lead generating software system sold by MLM Lead Pro, and Affiliated Partner of Responsive Data, LLC.
LLC is usually a partnership, and each individual is a partner. President, vice president positions are meant for the officers of full corporations.
Yes, you can sue your business partner. It would probably be easier to talk to them or seek mediation instead of suing.
One can go about setting up a company in so many ways. One way of doing it is through getting a business partner and setting up an LLC. An LLC is a way to avoid legal altercations when setting up a company. In setting up an LLC you are less likely to be sued and not be able to recover from it.