Скачать или смотреть Operating Agreement for LLC: What is it and Why you need one

The operating agreement is the governing document of your LLC. Even though having an operating agreement is not required by the law, it sure is a contract that is going to save you and your business partners a lot of headaches and disputes.

Startup attorney Danya Shakfeh explains how to create an operating agreement, the elements it should include, and the most common mistakes business owners make when drafting this contract between the limited liability company members.

Do you want to start an LLC in Florida or Illinois? Our business formation attorneys will exploit the full potential of your business and make sure you are doing things well from the beginning. We can help you write, review, or negotiate the operating agreement of your LLC.

Table of contents:
0:14 What is an operating agreement?
0:20 Operating Agreement vs Shareholder Agreement
0:38 What is the purpose of the operating agreement?
0:48 What to include
2:12 Common mistakes
3:39 Manager-managed vs Member-managed LLCs

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