Does Your LLC have an Operating Agreement Yet?

LLC Operating Agreement: Important or Waste of Time?

Sometimes I am still sometimes suprised and/or scared by the conversations I have with new business owners. Actually, I say new, but the truth is that it is often well established business owners who frighten me. I’m concerned by how many businesses use the limited liabilty company structure but don’t understand the signifigance of having an operating agreement.

I simply can’t stress enough how important an operating agreement is to an LLC. A limited liability company is a big step for any business, so why would you not take all of the steps you should to protect yourself?! If you don’t have an operating agreement yet, please look at this: LLC Operating Agreement, What is it and do I need it?

Comments RSS You can leave a response, or trackback from your own site.