San Diego Business Lawyer and Corporations Attorneys providing a first class “one stop shop” for all your business, contract, will, tax and estate planning legal needs. Contact us today: (619) 400-4942.
Contact Kehr Law today
Phone: (619) 400-4942
Text Message: (619) 823-8230
Email: dan@kehrlaw.com
When starting your own business, there are many questions an individual or a set of individuals desiring to work together in order to create profits together may have. The first questions is usually, “What business structure do I need?” After extensive and careful review of the many types there are such as a Sole Proprietorship, a General Partnership, a Limited Liability Partnership, a Limited Liability Company, a Corporation, or all varieties within such as a Professional Corporation, a person may select a Limited Liability Company. These structures have been fairly recently created for the purpose of blending Partnership structure benefits with the liability shield and benefits a Corporation has to offer.
After forming an LLC, the next step to take is to begin the process of preparing all necessary documents to comply with the statutory requirements of an LLC. If you need assistance with understanding what these processes and documents are, contact Kehr Law. One of the main and most important documents required for a validly formed LLC, although not necessarily statutorily required, is an Operating Agreement. An Operating Agreement is the heart of the operations of the an LLC per se. It contains pivotal information to guide its Members or Managers how to operate the company, what authority each Member or Manager has in binding the company to business transactions, how often meetings for the company are required, how business transactions are authorized by the company, who tax matters partners of the company shall be, and a number of other important provisions. These listed are only a fraction of the matters required within a fully executed Operating Agreement. The success of a Limited Liability Company (LLC) shall be dependent on this document from the beginning of the business’ operations.
If you are considering starting your own business, need assistance in drafting your own Operating Agreement, or if you are looking for a local attorney to assist you draft your business documents, contact us. Additionally, attorneys at Kehr Law can review your Operating Agreement and assist those in need of a business litigation attorney.
Contact Kehr Law today
Phone: (619) 400-4942
Text Message: (619) 823-8230
Email: dan@kehrlaw.com











