For Texas limited liability companies (LLCs), having a well-drafted company agreement is not just a best practice—it’s a crucial step in establishing clear governance, protecting members’ interests, and ensuring smooth business operations. Here’s why a company agreement, crafted with input from legal counsel, is essential for Texas LLCs: 1. Clear Governance and Structure A company agreement serves as the foundational…
As a business owner, you’re ready to get up and running, but not so fast. There are many layers and intricacies to business owning, so getting on the same page with your partners, peers, and employees is essential to operating a successful business. If you’re starting a business, you might have heard of an LLC, also known as, Limited Liability…