Five reasons LLCs with two or more members need an operating agreement Decide how you want to operate your business. Determine whether members can be required to chip in cash. Identify a process in case a member wants out. Define how the LLC could force a member out. Address the three Ds in advance—what if…
Tag: small business
Questions related to your business answered. Trouble shoot ways to address difficulties with a landlord, customer, or employee. Monthly calls with a lawyer who knows you and your business. All of this is available with our Fern Grow Subscription for $100/month. Wondering how the budget-friendly Fern Grow Subscription could help you and what sorts of…
We introduced Grow Subscriptions in the summer of 2021, and we are gratified by your response. Our Grow Subscriptions include unlimited calls and emails related to business-related issues. And our Ivy and Orchid levels include other services, too. Whatever Grow Subscription you choose, the fee is fixed and charged monthly. No surprises and budget-friendly, just…
Whether you’ve been in business for years, are just starting out, or are building your side hustle, operating as a limited liability company (LLC) makes sense (and cents/dollars) for at least five reasons. Protect Personal Assets. An LLC is a legal entity that can own assets and make promises separate from your personal assets and…