Understanding Operating Agreements: A Simple Guide

Confused about operating agreements? Think of them as a three-legged stool: operation and control, transfer restrictions, and restrictive covenants. In this video, we break down these key components and explain how they can protect your LLC and prevent future conflicts. Learn about member-managed vs. manager-managed structures, transfer restrictions, and the importance of restrictive covenants like confidentiality and non-compete agreements.

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