Forming your legal entity is a first great step to limiting your liability. But too many single-member LLCs (SM LLCs) don’t have an operating agreement, because, what’s the point? It’s just you right? And you know how to operate your business.
In this episode, I explain why it’s important for every LLC, including SM LLCs to have an operating agreement. And how not having one in place can destroy the limited liability protection of forming an LLC.
The Inksecure podcast is sponsored by Creative Genius Law. At CGL we provide creatives and entrepreneurs with the highest quality representation at all stages of their business.
If you’re in the process of starting a new business or launching a new product, we encourage you to sign up for our FREE masterclass, Select and Protect: How to Select a Brand Name That You Can Legally Own as a Trademark.
We want you to be ahead of the curve, by creating a name that you can actually own and leverage as an asset in your business. You can sign up for that course by going to www.creativegeniuslaw.com/trademarkclass.
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