by Steven Tennies | Aug 28, 2013 | Business Formation
While many states do not require you to have an operating agreement you will be far better off in the long run if you draft and adopt one. An operating agreement is an agreement between the owners (members) of a limited liability company that governs the company and...
by Steven Tennies | May 6, 2013 | Business Formation
The limited liability company or LLC is the new kid on the block and combines some of the most significant advantages of partnerships and corporations into one. The first LLC was formed in Wyoming in 1977. But LLCs caught on like wildfire due to the personal asset...
