Operating Agreement (also known as an LLC Agreement): 10 Commonly Asked Questions and Answers Whether an operating agreement or LLC agreement needs to be in writing? No. An operating agreement does not need to be in writing. However, it is strongly suggested that an...
Contracts are highly complex documents. If they are drafted properly, they are legally binding and can have far-reaching ramifications for your business. It is always to your advantage to get deals in writing, however, you should hire the services of a business...
When it comes to running a business, forming partnerships is inevitable. Not only is it an important aspect of securing your company's stability, but it provides you with financial help that you may need to keep your business up and running. Although you may form...
A shareholder agreement can come in handy when there are two or more shareholders in a corporation. It can cover buy-sell rights for shares, restrictions on transferring shares, voting rights, and a shareholder's salary and employment duties. The more comprehensive...
If you're in the process of drafting a shareholder agreement for your company, you've made a wise choice. The contract will be instrumental in outlining the rights and responsibilities of each shareholder and director, as well as the running of your company. A...
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