179: Operating Agreements & Partnership Structure
How Operating Agreements Prevent Deadlock, Cash Flow Crises, and Partnership Failure (ep. 1 of 4)
Episode 179 of the Grow With Purpose podcast, hosted by Joey Brannon, titled "179: Operating Agreements & Partnership Structure" was published on March 11, 2026 and runs 50 minutes.
March 11, 2026 ·50m · Grow With Purpose
Summary
65% of businesses without a written operating agreement dissolve within five years. Joey and Cameron explain how operating agreements reduce risk, prevent decision deadlock, and protect partners through growth, capital needs, and buy-sell events.
Episode Description
In this episode, Joey Brannon and Cameron Earhart explain why every partnership needs a clear operating agreement before pressure exposes structural gaps. They discuss decision authority, ownership vs. compensation, capital contributions, and buy-sell planning.
IN THIS EPISODE, YOU’LL LEARN:
• partnerships need a clear operating agreement before conflict
• How to define decision authority, ownership, and compensation
• Why capital planning and buy-sell agreements protect partnerships
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