I am just starting my company....well it has been now one year, and it hasn`t really been anywhere. I need to have close advisors. I would like to create a board of directors in my LLC.
1 - Is it possible within an LLC structure?
2 - If so, how do I motivate them: equity? If so, what is typical? Do I need to put the equity agreement in the operating agreement?
3 - Any other suggestions on how to create board of Directors/close advisors?
4 - How often is it appropritate to have them meet me?