For small business owners, the Limited Liability Company (LLC) has become the single most popular business entity structure in this nation. Although the requirements are slightly different in each state, they are fairly straight forward for simple organizations. However, if your company’s organizational structure is complex, then this simple process may not be so easy for you.
Although drafting an Operating Agreement is mentioned last in the steps above, it actually should be worked out prior to filing the LLC Article of Organization. An Operating Agreement is a critical step in the process of becoming an LLC because it can help protect your business from potential legal problems. It is wise to consult with an attorney regarding creating an LLC Operating Agreement.
For business entity services in Austin, call the Posey Law Firm to speak with a knowledgeable Texas business lawyer. To schedule your free case consultation, call our office toll-free at 888.269.1962 or locally at 512-646-0828 today.
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