Business is booming in Ohio as more and more people decide to follow their dreams. Owning and operating a local business boosts the state economy by providing jobs for Ohio residents and more choices for consumers. One industry that has seen a recent boost here is craft beer making. Local breweries are being founded all across the state, necessitating thorough business planning for each one.
Thorough business planning needed to support craft breweries
Why should an operating agreement be part of business planning?
Many new companies here in Ohio choose a limited liability company as their structure. The paperwork filed with the required governmental agencies is manageable and the members receive certain benefits. The part that many people often dismiss the importance of is the operating agreement. This document is actually an important part of business planning.
