LLC Operating Agreement

How to Draft an LLC Operating Agreement Creating operating agreements allows LLC owners to have more control over their businesses. An LLC operating agreement establishes guidelines for an LLC in the same way that articles of incorporation govern the operation of a corporation. Common provisions in an LLC agreement include the statement of intent, its … Read more

Writing an Operating Agreement

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HOW TO WRITE A MULTI-MEMBER AGREEMENT Writing an Operating Agreement for your Multi-Member LLC is no small feat and should not be taken lightly.  Any time a group of people decide to go into business together, it’s fun and exciting, but it’s also BUSINESS.  An Operating Agreement will get everyone on the same page for … Read more

Hobby, Business or Legacy – what are you building?

In today’s challenging environment of COVID-19, many small business owners are looking for financial support to maintain their enterprises.  Some of these enterprise owners are finding that the way they have been operating, is less than what can actually be considered running a business.  That brings up the question … Is your enterprise a Hobby, … Read more

LLC Asset Protection: How to Protect your Personal Assets as an LLC Owner

Forming a limited liability company is an important first step to protect your personal assets from being used to pay business creditors.  However, an LLC’s liability protection is not absolute. To give yourself the maximum possible protection, you’ll need to plan an LLC asset protection strategy. Understanding an LLC’s Limited Liability Protection When you form … Read more