Silent partner software llc formation

Silent partner software strives to make a difference by helping nonprofits do more, better. It gives you a way to go into business without moving into a high profile position. A silent partner agreement lets a silent partner share the profits or losses of a business without handling the daytoday tasks of running it. Create beautiful dashboards and striking, interactive visualizations of your data in seconds. Unfortunately, it appears that sumac and its parent company, silent partner, have. Our organization has been using silent partner software since 2006. Often, an llc looks for funding to launch a new product or to invest in an opportunity. Form a limited liability company llc law 4 small business. We are proud that our software has helped manage over 3 million donors across usa, canada, uk and europe. Silent partner silent partner, amsuement, route management. This may cause unexpected behavior in the web site. First, you can avoid the sec registration issue, and your partner can. Silent partner software, llc in huntley, il 224 8584252.

We are a front office virtual reception service that provides a professional call answering service. Software solutions for nonprofits silent partner software. Silent partner software is located in huntley, illinois. Check out our irscra compliant solutions with included phoneweb support. The communication with customers regarding needs and ideas is amazing. A partner wants to help run the llc but doesnt want his name revealed on public record. The ease of management also provides flexibility for adding silent partners as members to the llc. Prior to the formation of a silent partnership, the business must be registered either. Silent partner software, llc is the only company located at 9638 rainsford dr, huntley, il 60142.

With over 25 years of expertise for nonprofits, silent partner software has always been a customerfirst organization. It is often difficult, however, to obtain a bank loan unless the members agree to guarantee the loan personally. Route management, amusement, video lottery, accounting software, silent partner. Silent partners seek to generate passive investment income by contributing capital to a business, and thereby gain an interest in any profits the business makes. As with other partnership agreements, a silent partnership generally calls for a formal agreement in writing. Silent partner software strives to make a difference by helping nonprofits operate more efficiently using cloudenabled technology. Discover the benefits of forming an llc, the legal protections and benefits it. A silent partner is an investor in an organization that is not active in daily management. Can a silent partner be an active member of an llc. Apply to director, program administrator, strategist and more. Your choices are to be a silent partner or a member of a group of silent partners. Silent partners are much like venture capitalists who look to profit from investing in a number of businesses. We will send a password reset link to your email address. Whether callers wish to speak directly to clients, leave.

This organization primarily operates in the business oriented computer software business industry within the business services sector. Due to limited liability rules, a silent partner may lose up to their entire investment in a firm but no. A limited liability company can have a silent partner, although that individual may. Silent partners group specialized in retrieving the money you are owed, when its due. This means you can have silent partners, minority owners, investors and. Helping nonprofit organizations use technology to better cultivate their donors.