Does My LLC Need an Operating Agreement?

If you recently formed an LLC, you are probably wondering whether it is necessary to have an LLC operating agreement for your business.

The short answer is YES. In this video, I discuss the benefits to having an LLC agreement and some of the problems that may arise if you don't have one in place.

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DISCLAIMER: I am a licensed attorney and certified public accountant (CPA) in the State of Florida. I am not a financial advisor. The information provided in this video is for entertainment purposes only. No such communication is provided in the course of an attorney-client relationship, and no communication is intended to constitute legal advice. You should speak with your own tax and legal professionals to discuss your circumstances before performing any of the tax, legal or accounting strategies demonstrated in this video. Thank you.