Business Structure
» Business Structure, Volume 4, Issue 7, 2004
If the business is an S-corporation or an LLC.
2. Do you effectively have a managing partner or owner, or salaried manager who oversees day-to-day operations of the business?
| Response | ||||
|---|---|---|---|---|
| 1 | Managing partner/owner | 73 | ||
| 2 | Salaried manager | 13 | ||
| 3 | DK/Refuse | 14 | ||
| Total (%) | 100 | |||
| N | 329 | |||
Notes: Seventy-three (73) percent of small, employing S-corporations and LLCs have a managing partner who operates the firm on a day-to-day basis (Q#2).
