The Importance of Company Operating Agreements and Liability Protection

Having the right company/operating agreement is crucial. Today, Lynnsee Starr, Corporate and Real Estate Attorney, talks about how these agreements protect your legal rights with third party creditors and business partners

Welcome to Tax Leverage, where we talk about the tax laws that you can leverage in business. The information on this podcast is for educational purposes only and does not constitute professional legal or tax advice..

Chapters

(00:00:00) -Introduction

(00:00:27) - What is a Company or Operating Agreement

(00:01:45) – The Biggest Mistake Made by Business Owners(

00:03:27) – Practical Situations Where You Need a Company/Operating Agreement

(00:07:02) – Legal Rights When You Have Business Partners

(00:10:09) – Creative Legal Provisions for a Company/Operating Agreement