Operating agreements are an important step in setting up a business to be successful. A well drafted operating agreement can help a business avoid a messy lawsuit and lengthy litigation. Operating agreements outline how a business will be run. These agreements govern all aspects of the way a business functions; including, division of ownership, management, liability, allocation of profits, and taxation. They help a business navigate situations such as growth, change in leadership and any developments in the company over time.

There is no right way to build an operating agreement. It is recommended that you seek the help of a business attorney to ensure it is tailored to your business’ specific needs. At Greiner & Associates, PLLC we help our clients develop an operating agreement that meets their immediate needs and we strive to build a lasting relationship with our clients to assist with their needs for any changes in the future.