Operating Agreements and Partnership Structure

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Your operating agreement is one of the most important documents in your business. It controls how decisions are made, how money moves, who owns what and what happens when life changes.

A good operating agreement protects you. A generic one does not. We write operating agreements that are clear, practical, and built to prevent problems. Every agreement is custom written by an Ohio attorney who understands what real businesses face.

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  • Ownership percentages

  • Voting rights and decision making

  • Roles and responsibilities

  • How profits are divided

  • Contributions of money, equipment or services

  • What happens if a partner leaves

  • What happens if a partner passes away

  • How disputes are handled

  • How new partners are added

  • How the company can sell, restructure or grow

What We Cover in Your Operating Agreement

Every operating agreement we write is built around your real situation.

Common areas include:

We explain everything clearly

so you feel confident moving forward.

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Why Your Operating Agreement Matters

Most disputes between business partners come from two things: The agreement was never written clearly, or it came from a template that did not match the relationship. When that happens, nothing is documented, and people can lose money, ownership, or control.

A strong operating agreement gives you certainty. It explains how decisions are made, how profits are divided, how partners enter or exit, how conflicts are resolved, and what protections you have as the company grows. It keeps everyone on the same page and removes the guesswork.

We write operating agreements in plain language so everyone knows exactly what to expect.

Multi Owner and Multi Entity Structures

Whether you have multiple partners, or want to protect equipment, real estate or high value assets, we can design a structure that reduces risk. This may include creating a parent LLC, an operating LLC, an equipment LLC, or a property LLC. These structures are commonly used in many industries for insulating against liability exposure.

Your operating agreement will reflect the structure you choose, and protect every part your business.

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The Operating Agreement Process

Working with us is straightforward.

  • We talk through how your business works, who is involved and what your goals are. You can ask as many questions as you need.

  • We write your operating agreement or review and correct the one you already have. Everything is explained in plain language.

  • You launch or continue your business with clarity and confidence. You know how decisions are made and how everyone is protected.

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Frequently Asked Questions

  • A stylized rocket launching near the outline of Ohio in a circular design.

    Do I need an operating agreement if I am the only owner?

    Yes. Banks often require one, and it strengthens your legal protection as a single member LLC.

  • Rocket launching with a cloud of smoke, with a map of Ohio in the background.

    Can you fix or improve my existing operating agreement?

    Yes. We review and correct template documents all the time. We update them so your business is protected.

  • A stylized illustration of a rocket launching from a launch pad with a map of Ohio in the background.

    What if my partner and I disagree on something?

    Your operating agreement outlines how decisions are made and how disputes are handled. If you do not have one, we can help create rules that make sense for both of you.

  • Rocket launching from the state of Ohio with clouds of smoke

    Can I call when something comes up?

    Yes. You can call anytime. Talking with your lawyer at Start Up Ohio is a part of the relationship. You will never be left guessing.

Protect Your Ownership and Your Business

A strong operating agreement can prevent years of stress and confusion. Let us help you build a structure that protects you and supports your goals.

Schedule A Consultation Today