LLC Operating Agreement: Is a Non-Compete Clause Necessary?

By |2019-03-04T14:56:22-07:00March 9th, 2019|Categories: Business Planning, Limited Liability Company (LLC)|Tags: , |0 Comments

You and several friends start a new business and operate it as a limited liability company (LLC). Now that you’ve completed the first step—choosing a business entity—it is now important to prepare an operating agreement. The operating agreement is a contract which governs the operations of the LLC and [...]