Small Business & Startups

8,420 members

LLCs, vendor contracts, NDAs, and the paperwork founders copy from the internet and shouldn't. Lawyer-answered, in public, for free.

Priya Nadkarni Verified lawyer · NY

Do I really need an operating agreement if I'm the only member?

Yes — it's what separates you from the business for liability and tax. The single-member version is short and worth doing right the first time.

29 replies

Jordan Fischer Verified lawyer · IL

Two things: the definition of confidential information, and how long you're bound. Most template NDAs are wider than people realize.

17 replies