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Hey LLCs: how did you decide on everyone`s titles?

 
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RabbitMountain

posts: 423

Jun 21, 2008 1:18 AM ET    Quote  Report Abuse
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I`ve been the sole member of my LLC since I filed the paperwork. I`ve been calling myself "founder & principal" since then, because it seemed most fitting.

But now, I`ll probably be adding another member later this year & "principal" won`t be descriptive enough with two of us on board. But I have no idea what to call myself, nor what to call my incoming partner, nor does he have any idea. The discussion is getting so tiresome I`m about ready to declare us "Ra" and "Assistant Ra" just to be done with it.

If you founded an LLC, how did you decide on your own title? On everyone else`s? Are there guidelines somewhere or did you just make it up out of the clear blue sky?

thanks in advance for your insights,
—paula

RabbitMountain6/21/2008 1:30 AM
caricc

posts: 25

Nov 11, 2008 12:36 PM ET    Quote  Report Abuse
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In my state (Indiana) the LLC is either run by its member(s) or a manager or managers. Of which you declare when creating the LLC. I suspect its simular in PA. So you can just both call yourself members, if that is how you`re originally setup. Or you can refile and select the LLC is be run by manager(s). Just a suggestion. You`ll need to check out your state`s requirements.
 
I really don`t get hung up on titles.
 
 
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