Richard is the Managing Partners of Innovate Partners, an early stage private equity firm focusing on disruptive technology with offices in California and NY. Richard is also the Managing Partner of Eurasia Advisors, a leader in in trouble shooting and deal making within the CIS with particular expertise in Russia and Ukraine. He headed the Moscow foreign bar association and represents major US and CIS companies on legal/business matters and complex dispute resolution. He lectures on Russian matters at the Harriman Institute at Columbia University and on Sovereign Debt Restructuring Frameworks at SIPA, INET and most recently as the keynote speaker before the United Nations General Assembly Specialties: Private equity involving early stage technology, business services or consumer companies. Russian/Ukrainian legal and business matters.
Views: 31 Whistleblower Heroes
Mark Parrish gives an overview of Parrish Partners LLC history, services, and more.
Views: 51 Michele Parrish
Brendan Duval, Managing Partner with the privately held infrastructure development and asset management firm Glenfarne Group LLC, talks about innovation and success factors in infrastructure finance. Part of the EDGE Chats series of conversations with executives about leading issues and trends at the intersection of energy, environment, and business. Hosted by EDGE at Duke University's Fuqua School of Business.
Views: 1125 Duke University - The Fuqua School of Business
Francisco Faraco, CFA is CEO, Portfolio Manager & Founder of Faraco Partners, LLC, which is a Registered Investment Adviser registered with the U.S. Securities and Exchange Commission (SEC) and incorporated to do business in the State of New York. The firm provides Investment Advisory, Portfolio Management, and Trading Execution Services to Individuals, Families, and Corporations Globally. Find out more about him at his official site: https://franciscofaraco.com Music By: https://www.bensound.com/
Views: 15 Francisco Faraco
https://lawyerfightsforyou.com/frequent-shareholder-member-partner-issues/ (Winter Haven, Florida) (Orlando, Florida) attorney L. Reed Bloodworth managing partner of Bloodworth Law talks about just how ugly disputes between shareholders, LLCs, and partnerships can get. Generally, businesses of all sizes and organizational types run into financial and contract disputes when the parties don’t get legal advice early on. Imbalance in power or financial structure can divide parties, and then, fairness, objectivity and equality do not rule actions. Sides divide and disagreements blow up. Standoffs begin where negotiations end. Shareholder, LLC membership, and partnership agreements should be established before a business begins. Have Reed Bloodworth, the managing partner of Bloodworth law in Orlando and Winter Haven take a look at the issues you’re dealing with. If you’re a shareholder, LLC member, or a partner in a business and you’re having issues with your fellow owners, give Reed a call to talk about how Bloodworth Law can help you. Visit https://LawyerFightsForYou.com or call 407-777-8541. Bloodworth Law, PLLC, is based at 224 E Marks St, Orlando, Florida, 32803 and with an office located at 331 W. Central Ave., Suite 244, Winter Haven, Florida, 33880.
Views: 6 Lawyer Fights For You
http://www.sggworld.com/ Recorded Live in San Francisco. Hosted by Family Office Networks & The U-Group, LLC. SCN Corporate Connect's Amber Marsala interviews Natalia Sokolova, Managing Partner, SGG World. Family Office Networks https://familyofficenetworks.com/ The U Group http://theugrp.com/ The Sokol Family Office SokolFamilyOffice.com SGG World http://www.sggworld.com/ SCN Corporate Connect Website http://scn.nyc/ Read more about the latest in the world of blockchain and cryptocurrency: http://www.blockchainmagazine.net/ SCN Corporate Connect Facebook: https://www.facebook.com/smallcapnation/ Twitter https://twitter.com/_smallcapnation?lang=en Strategic Guidance Group is a strategic investor relations consulting agency Founded by Natalia Sokolova (LinkedIn) in 2006 when her main place of residence was NYC. The initial focus of Guidance Group was the Natural Resources Sector. In the last 4 years we shifted our focus to technology. We seek out paradigm shifting technologies in telecom, healthcare, blockchain, cryptocurrency, IoT, Big Data. We would still occasionally review some deals in mining under special circumstances due to our extensive knowledge and relationships in the space. Keys to our success is dedication, reputation and long lasting relationships. We don't use the traditional Investor Relations approach that leaks funds out of companies' pockets. Through our strategic investor relations program, investor communications and positioning, investor and analyst targeting, non-deal and deal roadshows, SGG builds awareness, enthusiasm and sponsorship among target audiences to maximize shareholder value for both public and private companies. We partner with public and private companies to design and implement effective, custom-designed IR programs that incorporate industry best practices. Our clients rely on us to execute results-oriented, cost-effective programs tailored to their companies' circumstances and goals, and to help them take advantage of IR opportunities while managing IR risk. We conduct a careful selection process before we agree to work with a client. It's a partnership not an engagement. We have strategic relationships with other Family Offices, UHNW and HNW Individuals, VC’s and Investment firms that we very carefully integrate with companies we choose to partner with.
Views: 452 BGN - Blockchain Global News
Javier Goldin, Managing Partner & CPA at Goldin Group LLC
Views: 84 Todd LaBorwit
http://www.theugrp.com Recorded Live in San Francisco. Hosted by the Family Office Network & The U-Group, LLC. SCN Corporate Connect's Amber Marsala interviews Individual Sanjeev Chitre, Managing Partner, The U-Group. Family Office Networks https://familyofficenetworks.com/ The U Group http://theugrp.com/ The Sokol Family Office SokolFamilyOffice.com SGG World http://www.sggworld.com/ SCN Corporate Connect Website http://scn.nyc/ Read more about the latest in the world of blockchain and cryptocurrency: http://www.blockchainmagazine.net/ SCN Corporate Connect Facebook: https://www.facebook.com/smallcapnation/ Twitter https://twitter.com/_smallcapnation?lang=en Since our inception in 2005, the U-Group LLC has evolved from a turnaround undertaking of portfolio companies to a unique value creation partner for clients/businesses. We channel our efforts to drive growth and exit strategies for small & mid-cap technology and healthcare enterprises— typically in a 10-24 month period. We primarily operate in three specific segments: Execution- Project/Client based execution Resonant Capital- Sourcing types of capital for specific transactions Early stage opportunities (ESOs) -A reverse syndicated enterprise Capitalization/investment We are committed to our clients’ successful business transformation and view each engagement as uniquely important. We develop Exit-engineered execution plans that address both current and future goals of our clients. We engage with the management and board on a performance-based compensation schedule. Our team of over 25 associates including Sr. Executive Partners, Executive Partners, and Strategic Corporate Affiliates is led by Mr. Sanjeev Chitre, a successful industry veteran and the managing partner. The U-Group is headquartered in Milpitas, CA, with satellite offices in Kansas, Wisconsin, NY, UK, India and Taiwan.
Views: 225 BGN - Blockchain Global News
Managing Partner Jon Doukas of Trends Mergers & Acquisitions LLC, joins Stock Day to talk about helping companies with reverse mergers & going public.
Views: 89 Uptick Newswire
Altitude Investment Management skillfully and successfully navigates the cannabis industry. Altitude Investment Partners, LP is a U.S.-based global venture capital fund which invests in the growing legal cannabis industry. The fund invests in a range of early-stage to growth companies which support this rapidly-growing industry, both in the United States and abroad. Meet one of the partners, Jon Trauben, who is a cannabis investor, association member, mentor and board member to several of his fund's portfolio companies. He brings a wealth of experience and management expertise with a 25-year record as a seasoned commercial real estate, capital markets and finance executive. Jon has held senior positions on Wall Street while at Barclays, Credit Suisse, Cantor Fitzgerald and Hunt Companies where he was a business leader, lender, trader and investor. While at Barclays and Credit Suisse he was a Managing Director and senior member of the real estate finance groups and was involved in more than $50 billion of transactions. Jon describes Altitude's discipline when it comes to investing in the cannabis industry. For complete information on the management team and the Fund, please log on to https://altitudein.com/
Views: 1161 Media Altitude
Produced by: David Pichadze http://pichadze.weebly.com
Views: 81 David Pichadze
Altitude Investment Management partner, Roderick Stephan helps the team identify potential legal cannabis opportunities and conducts the valuable due diligence process for each potential investment. He brings his experience as a Chartered Financial Analyst to identify the risk and opportunities for Altitude as they put investor capital to work. Rod, a mentor for several cannabis companies, has broad experience in starting and growing investment fund management businesses. Over his 30-year financial career, he was a founding partner of Longacre Fund Management (UK) LLP, a London-based alternative investment advisor managing over $300 million in assets (2006-2010); co-founder of the Distressed Investments Group at Citadel Investment Group; and head of Citadel’s distressed research team ($1.5 billion in AUM). He lived in Europe for 15 years and speaks fluent German. For more information about the Altitude Investment Management, its partners and financial portfolio, please log on to https://altitudein.com/
Views: 1329 Media Altitude
01. Mike Brown, Death Wish Coffee, visits #theCUBE!. (00:25) 02. Andrew Berg, Berg Partners LLC, visits #theCUBE!. (00:48) 03. Last Year's Small Business Big Game Competition. (01:00) 04. The Partnership with Berg Partners. (03:45) 05. Preparing a Small Business for a SuperBowl Ad. (05:32) 06. The Right Accounting Technology for the Business. (08:02) 07. Website Traffic for a Superbowl Ad. (09:55) 08. Standard Practice Accounting in 2016. (10:35) 09. Ater the Bump: Death Wish Coffee Now. (12:28) 10. Advice to Small Business: The Accountant Relationship. (14:20) Track List created with http://www.vinjavideo.com. --- --- Killer growth: Preparing for expansion by embracing new technology | #QBConnect by Nelson Williams | Oct 27, 2016 Surprising as it might seem, growth can be a killer for small businesses. Without proper support, it’s easy for a company to outgrow its finances or take on obligations it can never fulfill. During these times, success comes from careful management, a studied shift in resources and a strong accounting foundation. New technology makes all these tasks easier, according to Mike Brown, owner of Death Wish Coffee Co., and Andrew Berg, managing partner at Berg Partners LLC. To learn from the experience of a business that weathered sudden growth, John Walls (@JohnWalls21) and Jeff Frick (@JeffFrick), co-hosts of theCUBE*, from the SiliconANGLE Media team, talked with Brown and Berg during Intuit Inc.’s QuickBooks Connect conference in San Jose, CA. Turning a contest win into a business success Death Wish Coffee is a company that found itself in a unique position; they had won a small business contest that awarded it an ad slot during the Super Bowl. This sudden exposure supercharged its business. Brown described it as a dream come true. He mentioned that at the time the company had 11 employees, with six more coming on since. Brown explained they were well-prepared, having had warning a month or two before the big game. This gave them time to map out the best- and worst-case scenarios and to put plans in place. Berg commented that it was his job to take a lot of these responsibilities off Brown’s plate. He knew Brown’s business was about to go through a major change. Working the web, reaching out to partners Brown described some of the precautions they put into place. They called up their website provider to make sure the traffic would go through and rearranged the site to make it easier for customers to ring up a purchase. Then, Brown reached out to third-party partners for help with production. It worked. “There were no problems above and beyond what we could handle,” Brown said. Berg then ran down the details from the accounting side. He mentioned how they installed some great new technologies to manage things and built a new system to handle production and accounts. He related that his company is dedicated to helping small businesses succeed. "We are onboard with alleviating the fears that small business owners have,” Berg said.
Views: 373 SiliconANGLE theCUBE
Francisco Faraco worked as the Executive Director/Head: Mexican, Central American & Northern Andean Investors’ Desk at J.P. Morgan New York, NY, USA. He worked for the Private Banking Division/Global Investment Opportunities (GIO) Group. Find out more about him at his official site https://franciscofaraco.com Music By: https://www.bensound.com/
Views: 3 Francisco Faraco
The Baker Program in Real Estate had the pleasure of hosting Andrew Benioff of Llenrock Group on April 13, 2017. A true Cornellian at heart, Andrew discussed his core businesses, the Philadelphia real estate market, the value of the Cornell real estate network, and his advice for young professionals in the industry.
Views: 450 Baker Program in Real Estate
According to Orchard Partners LLC managing partner Michael Biggar, there's still a large swath of Silicon Valley where the wave of recovery and rising rents has yet to hit.
Views: 97 Allen Matkins
PriorityOne Group is a leading IT firm that delivers exceptional IT services to surgery centers, medical practices, and businesses in the New York, New Jersey Metro Area. Client Testimonial
Views: 100 PriorityOne Group
Jinhee Wilde initiated her 31-year career as a prosecutor, Special Counsel and Inspector General Designee for the government. At present, she is the Principal and Managing Partner of Wilde & Associates, LLC. To know more about her visit her official site http://jinheewilde.com Music By: https://www.bensound.com/
Views: 4 Jinhee Wilde
Thank you to our sponsor: WebMD http://www.webmd.com | Follow: http://www.twitter.com/webmd The Digital Health Summit, http://www.digitalhealthsummit.com , produced by Living in Digital Times, convenes one of the broadest spectrum audiences which makes it a can’t miss event. Everyone from medical providers, policy makers, buyers, payers, investors, developers, leading consumer electronics companies, innovators driving the marketplace and all the other industries starting to cross-pollinate into digital health including the automotive, fitness and gaming industries. Twitter: http://www.twitter.com/dhsummit Hashtags: #digitalhealthces #webmdces #ces2015 Blog & Videos: http://www.digitalhealthsummit.com/blog Photos: https://www.flickr.com/digitalhealthsummit Conference Producer: Jill Gilbert, @GilbertGuide Digital Health LIVE Producer: Tim Reha, @timreha, http://www.timreha.com Digital Health LIVE Associate Producer: Shana Duthie Social Media Team: Powered by New Media Synergy, LLC. Photos by: Asa Mathat http://www.asamathat.com
Views: 161 digitalhealthsummit
On Thursday's show we welcomed Ron Roth, Managing Partner of #SilverRockPartners, LLC, to discuss Donald J. Trump and what the expectations were from #SmallBusiness owners. Over an impressive 10-year career with the firm, Ron was consistently noted as one of the nations top recruiting sales managers. Ron was instrumental in helping the firm become known throughout the industry for joint ventures with accounting firms and accounting professionals. This dynamic was largely responsible for creating significant distribution channels for #financial products and services flowing through #accounting firms directly to their businesses and high-net-worth clientele.#lfs6b #bonkotv
Views: 98 6B Media Group LLC
Alan Patricof, Founder, Managing Director, Greycroft LLC
Views: 495 PartnerConnectEvents
Saper Law is an intellectual property, social media, and business law firm with headline grabbing clients and cases. We're best known for our expertise in handling contract negotiations, drafting complex software, trademark, and copyright licensing agreements, organizing new LLCs or Corporations, and generally serving as outside "inside" counsel to many creative individuals and innovative business organizations. Our litigation practice is equally famous for tackling novel internet, social media, and cyberlaw cases as well as traditional cases involving breach of contract, trade secret misappropriation, defamation, trademarks, copyrights, right of publicity, and privacy.
Views: 127 Saper Law Videos
The major areas in which Francisco Faraco offers his consultancy services are of Investment Management, Trading, Portfolio Management, and Financial Management. He is also a founder and managing partner of Faraco Partners, LLC. He has a vivid skill of speaking well. So, he is always ready to participate as a guest speaker elaborating the topics of Investment and Financial Management. To know more about him visit his official site: https://franciscofaraco.com
Views: 3 Francisco Faraco
Tom Lydon interviews Neil Peplinski, Managing Partner, Good Harbor Financial, LLC
Views: 206 ETF Trends
Jeff Powell, managing partner of Polaris Wealth Advisers, LLC in San Francisco, California, being interviewed by Fox Business News, discussing our outlook on the markets for 2013.
Views: 774 Polaris Greystone Financial Group
Rick is a seasoned financial advisor with over 20 years of industry experience. As a dedicated client advocate and counselor, Rick believes that being forthright, plain spoken, and caring is the only way to serve. In an evolving economy, investors often don’t understand how to manage the complexity on their own. Rick’s goal is to provide the clarity, information, and resources that help our clients make sense of their wealth management while guiding their financial journey. He also brings specific experience supporting families that have children with special-needs and helping to manage their unique financial planning strategies. As our team’s relationship manager, Rick focuses his efforts on creating customized financial plans for clients and connecting their strategies to their life goals. In every step, he enjoys helping clients navigate the evolving financial and “life management” landscapes, so they design and follow a thoughtful, goals-based road map. Prior to 1997, Rick was a practicing attorney for 16 years. He applies the same passion for serving as a trusted guide in his role today supporting clients’ financial lives. Rick believes in contributing his time to the community and has been an active volunteer in charitable, professional, scholastic, and athletic activities, and he currently serves on the Investment Committee of the North Carolina Bar Association. He greatly enjoys time with friends on the golf course, and his treasures include his wife, Hargrave, and his three sons and their families. -Accredited Wealth Management Advisor℠ professional designation -B.S. Business Administration, University of North Carolina -Juris Doctor, Campbell University School of Law*
Views: 42 Glenwood Financial Partners, LLC
Learn why FLG Partners has grown to become the San Francisco Bay Area and Silicon Valley's leading source for CFO interim, part time and full time talent, renown for their fundraising acumen, transaction experience and strong networks of banking, legal and accounting experts.
Views: 138 FLG Partners, LLC
See what Craig Jacobson, WSDA veteran, has to say about his experiences with Wall Street Dead aHead Networking Events!
Views: 24 Wall Street Dead aHead Networking Events
The Baror Law Firm is a boutique employment law firm representing employers and employees in the Washington, DC metropolitan area and in the Hudson Valley in New York. Our website can be found at www.barorlaw.com
Views: 241 The Baror Law Firm, LLC
Andrew Lockhart from Metrics Credit Partners presented to the Morgans network on 3 August 2018
Views: 121 Morgans
Has your business partner, LLC member or LLC manager harmed your business? You are not stuck! There are ways to remove a rogue member or manager from your business, LLC, or partnership (similar to removing a rogue officer or shareholder from a company). If you want more information, check out our blog at http://www.nyccounsel.com/blog.html/. Please let us know what you think below; leave a comment and "like" our video!
Views: 2975 Craig Delsack
Rob Bovarnick, Forbes columnist and Fox Business News legal expert, explains what a Series LLC is and how it is used.
Views: 518 Marc Kramer
Moderator Brian Sullivan Anchor, CNBC Speakers Dmitry Balyasny Managing Partner and Chief Investment Officer, Balyasny Asset Management Janet Gurwitch Operating Partner, Castanea Partners LLC; Founder and Former CEO, Laura Mercier Cosmetics and Skincare Tommy Hilfiger Fashion Designer and Founder, Hilfiger Corporation Jamie Salter Chairman and CEO, Authentic Brands Group In our digital era of speed, immediacy, and attention deficits, brands must cut through a tremendous amount of clutter to succeed. Though they can be built fast and scaled quickly, they can crater just as rapidly. Entrepreneurs who have constructed major new brands tell their success stories, with tips for the business of life. #MIGlobal http://www.milkeninstitute.org/events/conferences/global-conference/2018/
Views: 334 Milken Institute
Here in Istanbul Turkey we discuss how to structure an airbnb business for a managing partner / investor relationship. ROI and risk considerations are covered as well. Enjoy! Subscribe for more videos! Airbnb Automated is committed to providing you the best airbnb advice possible, real airbnb hosting tips, airbnb strategies that you can apply, and short term rental reports and news in real time as we discover information that you need to know. We hope to be your number 1 source for Airbnb instruction. Tell us what you want us to teach you below in the comments! - Sean Rakidzich MORE VIDEOS: How I make a fortune on Airbnb owning no property https://youtu.be/_xRoEXcVDow Airbnb Hosting trick you MUST master - https://youtu.be/yv5JXzzT0CM Airbnb Pro Tips: Bedroom and Bathroom https://youtu.be/X3z7kQGH-Zo Are Your Airbnb Hosting Costs Out of Control?? https://youtu.be/EhqOfD0tKxA Tips For Guests: How To Be a 5 Star Guest https://youtu.be/4rk6kQR55Cw PLAYLIST - Airbnb MBA Course Everything you need to know to run an Airbnb Business https://www.youtube.com/playlist?list... How To Be The Best Host Ever, The only Hack You'll need https://youtu.be/GstPCh0OVPk The Art Of Giving A Discount https://youtu.be/MAuhpxbPh7Q FREE Market Research Webinar https://youtu.be/ABqz7B0Kdko Setting Up A Small Kitchen https://youtu.be/JG8EA0NwqdM Setting up the Bedroom https://youtu.be/G1XaA8c-gYs Ghost Hosting Explained https://youtu.be/Q4ezFP0YIBE 5 Reasons to set up multiple airbnb listings at the same time https://youtu.be/0QGL40Xi46I 4 1/2 reasons to NOT buy property https://youtu.be/Lmy1o3hey5o My Newest Properties Are Not On Airbnb https://youtu.be/x18ZJmpxWBc Why is automation so important?? https://youtu.be/eCptJS8rkqk House Manual Trick To Automate Your Airbnb https://youtu.be/oloDD--9OTw Where to set up your first Airbnb. Pros and Cons of close to home https://youtu.be/ymlvxbSFCMM Lead Time And Occupancy Percentage https://youtu.be/hI9gzq4RkAw How Rental Arbitrage works. Leases explained. https://youtu.be/lGwvDjwR4uU Cohosting Walkthrough https://youtu.be/XJXr_sIBfdg Greetings From Istanbul https://youtu.be/iTF_zCHSAkk The truth about "burnout" https://youtu.be/NA7YwvyrhBY Thinking of hosting? www.airbnb.com/r/srakidzich
Views: 3783 Airbnb Automated
--Carter Page, managing partner of Global Energy Capital LLC and former foreign policy adviser to then-candidate Donald Trump, joins David to discuss allegations made against him in the infamous Christopher Steele dossier, the FISA warrant, the Nunes memo, and whether he believes he will be indicted in Robert Mueller's ongoing investigation into alleged coordination between members of the Trump team and Russia -Become a Member: https://www.davidpakman.com/membership -Become a Patron: https://www.patreon.com/davidpakmanshow -Follow David on Twitter: http://www.twitter.com/dpakman -Follow David on Instagram: http://www.instagram.com/david.pakman -Follow the show on Instagram: https://www.instagram.com/davidpakmanshow/ -Discuss on our subreddit: http://www.reddit.com/r/thedavidpakmanshow/ -Facebook: http://www.facebook.com/davidpakmanshow -Get your TDPS Gear: http://www.davidpakman.com/gear -Call the 24/7 Voicemail Line: (219)-2DAVIDP -Timely news is important! We upload new clips every day, 6-8 stories! Make sure to subscribe! Broadcast on July 30, 2018
Views: 15652 David Pakman Show
Operating Agreement Download (Word Doc): https://www.llcuniversity.com/wp-content/uploads/Free-LLC-Operating-Agreement-v1.1.doc Operating Agreement Download (PDF): https://www.llcuniversity.com/wp-content/uploads/Free-LLC-Operating-Agreement-v1.1.pdf Operating Agreement Download (Google Docs): https://docs.google.com/document/d/1W8Fc-ksM4YQ8hAYWSE0yBLJQ0FyG1dJJuP6ZUod5fp0/copy Our website: https://www.llcuniversity.com [=================================] -- WHAT IS AN LLC OPERATING AGREEMENT? -- An Operating Agreement is an agreement for the member(s) of your LLC that sets forth how the LLC will be managed both financially and operationally. Your Operating Agreement also spells out how much of the LLC each member owns. You can have 1 member who owns 100%, you can have 2 members with a 50/50 split, 60/40, 70/30 (anything really!), or you can have 3 or more members and you can split the ownership any way you’d like. The LLC is a flexible business structure. There is no limit on the number of members you can have. And, there are no restrictions on how you split the ownership of the company. [=================================] -- OPERATING AGREEMENT IS AN “INTERNAL DOCUMENT” Unlike your LLC Formation Documents, the Operating Agreement does not need to be mailed anywhere. You do not need to mail it to the State. You do not need to mail it to the IRS. It is strictly an “internal document”. This means that you will just keep a copy with your other business documents. [=================================] -- PURPOSE OF THE LLC OPERATING AGREEMENT -- Again, the purpose of the Operating Agreement is to spell out who the member(s) are and what percentage of the LLC they own, also known as their “membership interest”. It also defines how the LLC is managed, how taxes are paid, and how profits and losses are distributed amongst the member(s). Remember, your LLC can be owned by one person (called a Single-Member LLC) or your LLC can be owned by 2 or more people (called a Multi-Member LLC). [=================================] -- WHAT YOU NEED FOR YOUR LLC OPERATING AGREEMENT -- In order to complete your Operating Agreement, you will need some basic information. • The formation date of your LLC. • The name and address of the Registered Office and Registered Agent. • The general business purpose of the LLC. • Member(s) percentages of ownership. • Names of the Members and their addresses. Your final Operating Agreement is not “set in stone”. You can make changes as needed. [=================================] -- MAKING CHANGES TO YOUR LLC OPERATING AGREEMENT -- One of the benefits of forming an LLC is the flexibility of managing your business. The Operating Agreement is a working document that is meant to be fluid and allow for changes as your business grows. If you want to make simple changes (such as a change of address for a member or changing your Registered Office or Registered Agent), you’ll need to revise the original Operating Agreement. If, however, you need to make complex changes (for example one member purchases the interests of another member, or you decide to raise financing with investors), it is best to hire an attorney. Making changes like these can have negative legal and tax consequences if done incorrectly. Once all changes are made, you’ll need to print the new Operating Agreement and have all of the members sign it. It is best practice to keep a copy of all versions of your Operating Agreement so you have a history of the changes that were made. [=================================] -- WHO NEEDS YOUR LLC OPERATING AGREEMENT? -- You may need to provide a copy of your Operating Agreement to: • A lender if you are obtaining financing • A title company if you are purchasing real estate • Accounting and tax professionals for financial assistance • Lawyers for legal advice • Potential investors or partners who have an interest in your business [=================================] -- OPERATING AGREEMENT PROTECTS YOUR ASSETS -- If you’re involved in a legal battle, the Court will likely ask for your LLC’s Operating Agreement. Having one can help prove to the Court that you have a legitimate LLC and that you are running your business properly. If the Courts were to find you running an LLC without an Operating Agreement, they may go after your personal assets. [=================================] -- DISCLAIMER -- This information is provided for educational purposes only and in no way constitutes legal, tax, or financial advice. For legal, tax, or financial advice specific to your business needs, we encourage you to consult with a licensed attorney and/or CPA in your state. LLC University® is a registered trademark of LLCU Media Group, LLC. © LLCU Media Group, LLC. All rights reserved. https://www.llcuniversity.com [=================================]
Views: 104963 LLC University