Does every LLC need an operating agreement?

What is an operating agreement? An operating agreement is the blueprint for how your business operates. It describes what happens when disputes arise between members, how membership interests can be transferred, and who runs the business. For instance, it usually  →

Why should I use an attorney rather than an online site to form my business?

I was recently asked why someone should spend the money on an attorney rather than form his or her (or their) company through an online site. The answer, I found, was rather simple. There are two main reasons to use  →