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		<title>Board of Directors in LLC: possible?</title>
		<link>http://www.startupnation.com/community/orca/topic/Board-of-Directors-in-LLC-possible.htm</link>
		<description>Board of Directors in LLC: possible?</description>
		<lastBuildDate>Wed, 12 Nov 2008 20:57:30 GMT</lastBuildDate>
		
			<item>
				<title><![CDATA[
&#160;1 - Is it possible withi]]></title>
				<link>http://www.startupnation.com/community/orca/topic/Board-of-Directors-in-LLC-possible.htm</link>
				<description><![CDATA[
&#160;1 - Is it possible within an LLC structure?yes it is. Look into changing your LLC to a manager managed LLC. &#160;2 - If so, how do I motivate them: equity? If ]]></description>
				<pubDate>Wed, 12 Nov 2008 20:57:30 GMT</pubDate>
				<guid>http://www.startupnation.com/community/orca/topic/Board-of-Directors-in-LLC-possible.htm#709661</guid>
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			<item>
				<title><![CDATA[I am confused. You are saying it]]></title>
				<link>http://www.startupnation.com/community/orca/topic/Board-of-Directors-in-LLC-possible.htm</link>
				<description><![CDATA[I am confused. You are saying it is easy to add/remove them as advisory board members. However, I need to add amendment to my Operating Agreement, which I need to do when I am 100% sure. Is it complicated to add Operating Agreement amandment? Do you thi]]></description>
				<pubDate>Wed, 12 Nov 2008 20:57:30 GMT</pubDate>
				<guid>http://www.startupnation.com/community/orca/topic/Board-of-Directors-in-LLC-possible.htm#709660</guid>
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			<item>
				<title><![CDATA[abc1111,
Just establish them as]]></title>
				<link>http://www.startupnation.com/community/orca/topic/Board-of-Directors-in-LLC-possible.htm</link>
				<description><![CDATA[abc1111,
Just establish them as an `Advisory` Board and pay them however you chose to (i.e., flat fee, $ per meeting, % of profit, etc.).&nbsp; As Advisory Board members the individuals can give the same level of contribution for the same consid]]></description>
				<pubDate>Wed, 12 Nov 2008 20:57:30 GMT</pubDate>
				<guid>http://www.startupnation.com/community/orca/topic/Board-of-Directors-in-LLC-possible.htm#709659</guid>
			</item>
			<item>
				<title><![CDATA[I cannot afford paying an attorn]]></title>
				<link>http://www.startupnation.com/community/orca/topic/Board-of-Directors-in-LLC-possible.htm</link>
				<description><![CDATA[I cannot afford paying an attorney to set this. Is it difficult set set them as a member? What paperwork do I have to set?&nbsp;Don`t other entrepreneurs do this?]]></description>
				<pubDate>Wed, 12 Nov 2008 20:57:30 GMT</pubDate>
				<guid>http://www.startupnation.com/community/orca/topic/Board-of-Directors-in-LLC-possible.htm#709658</guid>
			</item>
			<item>
				<title><![CDATA[In my opinion, the need to have ]]></title>
				<link>http://www.startupnation.com/community/orca/topic/Board-of-Directors-in-LLC-possible.htm</link>
				<description><![CDATA[In my opinion, the need to have advisors, and the exact duties you expect of them is secondary to the format.&nbsp; There is no concept of an actual board of directors in an LLC; this is an element of a corporation.Determine who your advisors shoul]]></description>
				<pubDate>Wed, 12 Nov 2008 20:57:30 GMT</pubDate>
				<guid>http://www.startupnation.com/community/orca/topic/Board-of-Directors-in-LLC-possible.htm#709657</guid>
			</item>
			<item>
				<title><![CDATA[I am just starting my company...]]></title>
				<link>http://www.startupnation.com/community/orca/topic/Board-of-Directors-in-LLC-possible.htm</link>
				<description><![CDATA[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 ]]></description>
				<pubDate>Wed, 12 Nov 2008 20:57:30 GMT</pubDate>
				<guid>http://www.startupnation.com/community/orca/topic/Board-of-Directors-in-LLC-possible.htm#709656</guid>
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