Small Business

Operating Agreement vs. Partnership Agreement: Choosing the Right Foundation for Your Business

Congratulations on taking the exciting step to launch and run your own business! But before you celebrate and open your doors, there’s an essential task you need to tackle; creating a document that outlines the rules by which your business will operate. This step is crucial for setting a strong foundation for your venture. However, Operating Agreement vs. Partnership Agreement: Choosing the Right Foundation for Your Business

Essential Guide: LLC Operating Agreements (No Notarization Required)

When forming an LLC, one of the most crucial documents you’ll need to create is your operating agreement. It’s the foundation that outlines the roles, responsibilities, and financial structure of your LLC. But a common question we often hear at Business Formation Education, LLC (BFE) is: “Does an operating agreement need to be notarized?” Here’s Essential Guide: LLC Operating Agreements (No Notarization Required)