December 2014

Your business needs an operating agreement. But what should your operating agreement define? Below are several essential issues that must be addressed in your agreement: Ownership division. Is the percentage of ownership of the business based on financial contributions or other factors? And is this percentage of ownership directly reflected in the pay each partner […]

Getting your new company off the ground? The first step from a legal standpoint is formally registering and structuring the business – but don’t stop there! (Many business owners DO stop there… and end up regretting it.) There are a number of additional legal documents which should be created, even though they aren’t required by