Search Results for: "operating agreement"

Operating Agreement Checklist
May 1, 2013

Operating Agreement Checklist

Drafting an operating/partnership/shareholder agreement seems to be my most important but least utilized service.  For whatever reason, business owners are very reluctant…

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March 22, 2013

Small Business Horror Story #7: Pre-Packaged Operating Agreements

Here’s what happens when you get your operating agreement from a legal forms company. I just finished helping a client negotiate a…

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November 22, 2011

Why You REALLY Need an Operating Agreement

I’m super serious this time. Lately I’ve heard from a number of business owners whose partners have stopped contributing to the business,…

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September 5, 2011

Small Business Horror Story #2: No Operating Agreement and the “Eraser”

I recently met with one member of a two-member LLC with no operating agreement.  We’ll call my client Jane and her partner…

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Shady Business Partner
June 8, 2011

Small Business Horror Story #1: Shady Partner + Generic Operating Agreement = Disaster

Whenever I sign a new monthly retainer client, I conduct what I call a “legal checkup” on the business. I review the…

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October 15, 2012

Buy/Sell Agreements: A Business Valuation Perspective

Guest Blogger: Donald Parker Gryphon Valuation Consultants, Inc. www.BizVals.com 702-870-VALU (8258) Buy/Sell Agreements provide a blueprint for the transfer of business interests,…

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Business Equity Chart
June 2, 2022

Incentivizing Employees With Equity

Business owners seeking ways to reward or retain excellent service providers (employees or independent contractors) often believe that giving ownership in the…

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November 23, 2021

Business Contracts

Business Contracts While it may be a romantic notion, doing business on a handshake simply isn’t a good idea. The exchange of…

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November 19, 2021

Open a Business

Open a Business Running your business is your job.Covering your legal needs is ours. Confused about which business licensing department to visit…

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May 7, 2019

Healthy Conversations to Have with Your Business Partner

No, we haven’t taken a hard left and turned this into a relationship blog.  Well, at least not that kind of relationship….

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October 11, 2018

Member Managed vs Manager Managed LLCs

When you form an LLC in Nevada, you’re asked whether the entity will be Member-Managed or Manager-Managed. The owners of the LLC…

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March 2, 2017

Sole Owners and Succession

Are you the sole owner of your company?  If so, do you have a succession plan in place for your business?  You…

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