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Why Do I Need an Attorney to Draft an Operating Agreement?

Operating Agreement

The first rule of any new business is to maximize profits while avoiding any unnecessary expenses.  Unfortunately, legal fees to help properly set up a new business are often some of the first expenses to be cut when forming a business plan.  Why do we need to spend money on an agreement when we can get free forms online?  Besides, we all understand how the business will be run and we will simply divide profits equally among the owners.  What else is there to decide?If you are like many small businesses today, your business is organized as a limited liability...

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