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 ...

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 ...

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 ...

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 -- ...