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205 - Why You Need An Operating Agreement Yesterday with Patrick Lane
Manage episode 414561034 series 2954305
Το περιεχόμενο παρέχεται από το Benali, Khalil Benalioulhaj, and Martin Holland. Όλο το περιεχόμενο podcast, συμπεριλαμβανομένων των επεισοδίων, των γραφικών και των περιγραφών podcast, μεταφορτώνεται και παρέχεται απευθείας από τον Benali, Khalil Benalioulhaj, and Martin Holland ή τον συνεργάτη της πλατφόρμας podcast. Εάν πιστεύετε ότι κάποιος χρησιμοποιεί το έργο σας που προστατεύεται από πνευματικά δικαιώματα χωρίς την άδειά σας, μπορείτε να ακολουθήσετε τη διαδικασία που περιγράφεται εδώ https://el.player.fm/legal.
Considering bringing on a partner in your business? Find out why having a solid operating agreement is crucial for a successful partnership. Patrick Lane shares key insights you can't afford to overlook!
Time Stamps
- 00:05 - Episode & Guest Intro
- 02:57 - The Importance of Operating Agreements
- 05:13 - When Do You Need an Operating Agreement?
- 08:33 - Key Provisions in Operating Agreements
- 11:05 - Navigating Partnership Dynamics and Legal Advice
- 13:02 - The Real Costs of Legal Disputes in Partnerships
- 14:38 - Management and Financial Considerations in Operating Agreements
- 22:33 - Addressing Distributions, Divorces, and Disputes
- 25:58 - Navigating Tax Provisions in Operating Agreements
- 26:45 - The Importance of CPA Involvement in Business Startups
- 27:37 - Exit Strategies and Expulsion Provisions
- 29:00 - The Essentials of Buy-Sell Agreements
- 31:45 - Funding and Valuation in Buy-Sell Agreements
- 36:47 - Ownership and Voting Rights in Business Partnerships
- 40:47 - Employee Ownership: Pros and Cons
- 43:08 - Non-Compete and Non-Solicitation Agreements
- 47:24 - Building a Strong Advisory Team for Your Business
- 52:46 - Final Thoughts and Advice on Operating Agreements
Resources
- The Advisor Mentor Checklist
- Need Marketing Help? We Recommend Benali
- Need Help with podcast production? We recommend Demandcast
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