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EPISODE · Sep 4, 2025 · 13 MIN

The Importance of Operating Agreements in Multi-Owner Businesses

from #LegalBytes: The Official Podcast of Cummings & Cummings Law · host chadvt

An operating agreement is the most important document for a multi-member LLC. It defines how profits and losses are shared, how disputes are resolved, how capital is managed, and how ownership changes are handled. Learn more: https://www.cummings.law/the-importance-of-operating-agreements-in-multi-owner-businesses/

Episode metadata supplied by the publisher feed · Published Sep 4, 2025

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