Discovered this interesting piece by Deborah Sweeney that really caught our attention. It’s called What Should Be In Your LLC's Operating Agreement?
It shares some really fascinating points in writing up an Operating Agreement for your eCommerce LLC. Here’s one that we thought was most interesting:
Who owns the ecommerce LLC? This section covers ownership rights among all members of the LLC. It also details how profits, losses, and assets are divided accordingly.
For example, let’s say that your eCommerce LLC only has one member (or owner). All profits, losses, and assets belong to that member ...