It’s not a huge secret that institutional investors are more likely to invest in a corporation over an LLC, but why is that the case? Ultimately, it comes down to what these entities are at the basic level. Corporations We all kind of know what corporations are. They’re from centuries ago as a way […]
5 Important Considerations for an Operating Agreement
Operating Agreements are the governing documents for Limited Liability Companies. They are where you would specify the rights and responsibilities of the members of the company and how you want the company to be run. This is one of the most important documents you will have for your LLC, and a crucial one when there […]
7 Top Membership Considerations in Operating Agreements
There are countless considerations that must go into designing perfect operating agreements , but there are a few that stand above the rest in importance. Operating Agreements Operating Agreements are the governing documents for Limited Liability Companies. They are where you would specify the rights and responsibilities of the members of the company and how […]
What’s In An Operating Agreement
First off, an Operating Agreement is the controlling document for the members of a Limited Liability Company (LLC). The instructions contained within the Operating Agreement determine how the business is run, how much earnings a member gets, what rights and responsibilities the members have, and much more. This article will only outline the most common […]