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LLC Operating Agreements For Businesses

Автор: Drafted Legal

Загружено: 2023-12-15

Просмотров: 259

Описание: You need an operating agreement 🚨

Skipping out on one might not get you in trouble right away, but there are some downsides and risks you might want to know about ➡️

1️⃣Without an operating agreement, it may be unclear how the business is managed, who has decision-making authority, and what the roles and responsibilities of the members or managers are.

2️⃣The operating agreement is like a peace treaty for your business partners. It spells out who gets to do what and who's responsible for what. Without it, you might find yourself in some serious showdowns and legal drama with your fellow business partners.

3️⃣If you don't bother with an operating agreement, your business falls back on the default rules of the state where it's set up. The problem is, these rules might not match up with what you and your partners had in mind

⚠️ Our operating agreement template is drafted by lawyers and covers you. Get it here: https://draftedlegal.com/product/oper...

➡️ Visit our website: https://draftedlegal.com/

📺 Subscribe to this channel and get more great tips:
   / @draftedlegal  

Drafted Legal services site helps entrepreneurs create legal documents and set up companies, building a solid foundation for their business without having to hire a lawyer.

#llc #shorts #business #onlinemarketing

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