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Updated almost 2 years ago, 01/30/2023
Operating Agreements- any templates available?
Hello all! Newbie here trying to start off on the right foot with 2 partners. I’ve listened to many of the BP podcasts and a recurring theme is making sure to have an operating agreement in place when partnerships are involved (of course). I’ve mined through the forums and I can’t seem to find a starting point for drafting an operating agreement- is this something you all hire a lawyer to draft? I was thinking I’d find something to start with then could bring to a lawyer for review/recommendations, etc…. Any guidance appreciated! Cheers.