What is a Member/Owner?

The owners of an LLC are referred to as members, and only one member is required to form an LLC. Whereas a corporation has shareholders, directors, and officers, an LLC has only members, although the members may adopt any titles or positions they see fit, and they may also hire nonmembers to fill any such titles or positions. The members are the owners of the LLC and have the ultimate authority to make any and all decisions (legal, financial, operational, contractual, etc.) regarding the LLC.