• Tanya S Osensky

Would you Ride a Motorcycle Without a Helmet?

Many states don’t require companies to have an operating agreement.

Many states also don’t require motorcyclists to wear helmets, but that does not stop helmets from saving lives.

Just like a helmet, a good operating agreement can save lives (the life of a company, that is).

It does that by providing a framework for how disagreements among owners will be resolved.

When Pam and Carmen first contacted me, they had found an operating agreement online. They asked me if it was good. When I read it, though, it didn’t include anything about how they would work through a big disagreement.

Not every form on the internet is good (surprise!)

If you have a friend who is starting a business, they may think that getting forms online will save money. Ask them to tell you about a time they said, “this contract isn’t worth the paper it’s printed on.”

Friends don’t let friends get contract forms online.

Recent Posts

See All

Julie is a business consultant who got into a bad spot with a client. The client has gone silent, won’t respond to calls or emails and hasn’t paid the last invoice. Julie is not sure what’s wrong exac

Victor was working as a 1099 contractor on a large-scale engineering project when his client said he must attend an HR training workshop given to all the client’s employees. I advised against it. Why?

Contracts. Root canal. For a lot of people, it would be hard to choose which they'd rather avoid more. When I was in law school, I dreaded the contracts class. It was mind-numbing, I thought. I never