Editorial Note: We earn a commission from partner links on Forbes Advisor. Commissions do not affect our editors' opinions or evaluations. In Texas, an operating agreement isn’t required to form a ...

An operating agreement is a type of document commonly used for small business organized as limited liability companies. It lays out the structural and management details of the business, and is ...

Kiah Treece is a former attorney, small business owner and personal finance coach with extensive experience in real estate and financing. Her focus is on demystifying debt to help consumers and ...

Although your long-term business goals may include an IPO, most SMB equity events involve stock purchase agreements. These agreements help you raise capital by selling part of your equity to a private ...

A partnership is a business structure in which two or more people operate a for-profit business. The partnership agreement -- which may be oral, written or implied based on the actions of partners -- ...