The Importance of the Operating Agreement

The operating agreement may just be the most important document your new small business has. Not only is an operating agreement required by New York law, it is crucial for defining the rules of management and the rights of the members. A well written, well thought out operating agreement can foresee ... Read More >

Common Limited Liability Company (LLC) Questions

Limited Liability Companies became a popular legal entity choice for small business owners in the early 90s. Best described as a hybrid between a corporation and partnership, an LLC offers numerous advantages, with relatively few disadvantages. An LLC is easier to form and operate than a ... Read More >

Does My Business Need a Formal Legal Structure?

Most small businesses start out as a sole proprietorship or a partnership. While these are great forms for some, most businesses eventually transition to a formal structure, such as a corporation or a limited liability company (LLC). Doing so provides numerous legal advantages. Is it time for your ... Read More >

Regina Gordon Law