Kirk at 15:12, 11 October 2018

2018-10-11T15:12:06Z

← Older revision		Revision as of 15:12, 11 October 2018
Line 1:		Line 1:
	==WikiDemocracy.us LLC ==		==WikiDemocracy.us LLC ==

	'''WikiDemocracy.us''' operates as a provisional Limited Liability Company. At-Large Administrator become partners in the LLC by contributing their hours at ~~the~~ targeted rates. Those hours are then converted into their share of ownership. Decision making is based on a share of ownership with anything more than 50% being decisive but only after a process of consensus is attempted. A decision based on consensus is considered permanent while one based on majority rule is considered temporary. A managing member will be appointed to address the legal and accounting issues needed to meet the LLC requirements. WikiDemocracy.us will run as a provisional LLC until there is sufficient income to make converting to an actual LLC practical. One important role of the At-Large Administrator is designating sales territories and finding State and Regional Administrators to act as sales representatives in those territories.		'''WikiDemocracy.us''' operates as a provisional Limited Liability Company. At-Large Administrator become partners in the LLC by contributing their hours at agreed upon targeted rates. Those hours are then converted into their share of ownership. Their actual pay is based a shares of income. Decision making is based on a share of ownership with anything more than 50% being decisive but only after a process of consensus is attempted. A decision based on consensus is considered permanent while one based on majority rule is considered temporary. A managing member will be appointed to address the legal and accounting issues needed to meet the LLC and tax requirements. WikiDemocracy.us will run as a provisional LLC until there is sufficient income to make converting to an actual LLC practical. One important role of the At-Large Administrator is designating sales territories and finding State and Regional Administrators to act as sales representatives in those territories.

	'''State and Regional Administrators''' State and Regional administrators are considered "sales representatives" and independent contractors for tax purposes with no implied employee status. Their compensation is derived solely from commissions earned in their designated territories. It is their sole responsibility to pay any required expenses, licenses, fees or taxes. 1099's or any other required reporting documents will be filed for these sales representatives. They will be required to sign contracts which states their status as such. At-Large Administrators may replace sales representatives if they are not performing well or they have violated their contract.		'''State and Regional Administrators''' State and Regional administrators are considered "sales representatives" and independent contractors for tax purposes with no implied employee status. Their compensation is derived solely from commissions earned in their designated territories. It is their sole responsibility to pay any required expenses, licenses, fees or taxes. 1099's or any other required reporting documents will be filed for these sales representatives. They will be required to sign contracts which states their status as such. At-Large Administrators may replace sales representatives if they are not performing well or they have violated their contract.

Kirk: Created page with "==WikiDemocracy.us LLC == '''WikiDemocracy.us''' operates as a provisional Limited Liability Company. At-Large Administrator become partners in the LLC by contributing their..."

2018-10-10T16:04:41Z

Created page with "==WikiDemocracy.us LLC == '''WikiDemocracy.us''' operates as a provisional Limited Liability Company. At-Large Administrator become partners in the LLC by contributing their..."

New page

==WikiDemocracy.us LLC ==

'''WikiDemocracy.us''' operates as a provisional Limited Liability Company. At-Large Administrator become partners in the LLC by contributing their hours at the targeted rates. Those hours are then converted into their share of ownership. Decision making is based on a share of ownership with anything more than 50% being decisive but only after a process of consensus is attempted. A decision based on consensus is considered permanent while one based on majority rule is considered temporary. A managing member will be appointed to address the legal and accounting issues needed to meet the LLC requirements. WikiDemocracy.us will run as a provisional LLC until there is sufficient income to make converting to an actual LLC practical. One important role of the At-Large Administrator is designating sales territories and finding State and Regional Administrators to act as sales representatives in those territories.

'''State and Regional Administrators''' State and Regional administrators are considered "sales representatives" and independent contractors for tax purposes with no implied employee status. Their compensation is derived solely from commissions earned in their designated territories. It is their sole responsibility to pay any required expenses, licenses, fees or taxes. 1099's or any other required reporting documents will be filed for these sales representatives. They will be required to sign contracts which states their status as such. At-Large Administrators may replace sales representatives if they are not performing well or they have violated their contract.

Legal Structure - Revision history

Kirk at 15:12, 11 October 2018

Kirk: Created page with "==WikiDemocracy.us LLC == '''WikiDemocracy.us''' operates as a provisional Limited Liability Company. At-Large Administrator become partners in the LLC by contributing their..."