When forming a business, one of the most important steps is creating the internal documents that govern how your company will operate. Two of these governance documents are the Operating Agreement and the Bylaws. While they serve a similar purpose, they apply to different types of entities and outline slightly different rules. Understanding the difference is key to keeping your business compliant and well-organized. An Operating Agreement is used by Limited Liability Companie

Corporate records are more than just paperwork; they’re a critical tool for protecting your business and demonstrating that it operates...