If you are a small business owner, do you have an operating agreement or shareholder to protect you? If not, you are leaving yourself at a greataer risk for personal liability in the event of a lawsuit. You also increase the likelihood of a nasty breakup if you own the business with others. These documents act like a business pre-nup. They identify the duties, fiscal contribution, compensation, and other important details concerning the owners. You can also define what will happen if you cant handle working together anymore. If you or someone you know needs assistance preparing these documents, please feel free to contact Leah Martin Law.
Posted on: Fri, 05 Sep 2014 18:36:59 +0000
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