Ready. Set. Incorporate! https://www.readysetincorporate.com/faq-items/should-my-corporation-or-llc-have-a-vice-president/ Export date: Fri Apr 26 22:41:20 2024 / +0000 GMT |
Should my corporation (or LLC) have a Vice President?It depends. A vice president in your corporation 1 (or LLC 2) is tasked with acting on behalf of the CEO 3 or President 4 of the entity. This could come in handy if you, presumably being the CEO, aren't available to sign a particular emergent contract. In your absence, the VP would act on your behalf with all corporate authority. So for continuity of operations, it does help. But be sure it's someone you trust, since third parties aren't generally responsible for making sure that the person acting on behalf of the LLC or the corporation is authorized, unless that third party has reason to understand otherwise. |
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Post date: 2020-10-30 02:40:37 Post date GMT: 2020-10-30 09:40:37 Post modified date: 2020-10-30 02:49:43 Post modified date GMT: 2020-10-30 09:49:43 |
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