asset protection

5 Reasons Your LLC Needs an Operating Agreement

5 Reasons Your LLC Needs an Operating Agreement

5 Reasons Your LLC Needs an Operating Agreement

An operating agreement is a private contract that controls your LLC’s operations, along with interactionsbetween the owners and the company. You may think that an operating agreement is not necessary for yourLLC, especially if it’s a single-member LLC. After all, why should you make an agreement with yourself?