The management structure of a member-managed LLC is similar to that of a general partnership.

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In a member-managed LLC, all members have equal say and control over the management of the business, much like a general partnership where all partners have equal management authority. In contrast, a manager-managed LLC has designated managers who are responsible for the day-to-day operations, which is more similar to a corporation.

The Management Structure of a Member-Managed LLC Is Similar to That