Description
Most multi-owner businesses have an operating agreement. Fewer founders know what it actually says — or whether it still reflects how the business operates today. This masterclass is for founders who want to understand the documents that quietly govern everything.
Carolyn will walk through the foundational agreements that govern how a business runs, who can leave and on what terms, and how to protect the business when key relationships change. This isn’t about preparing for the worst — it’s about building with enough clarity that the worst is far less likely to happen.
You’ll learn:
- What an operating agreement actually governs and why it matters beyond formation
- How buy-sell clauses work and why they are one of the most valuable provisions a multi-owner business can have
- What non-compete and non-solicitation agreements actually do — and their limits
- How to identify whether your existing agreements are current and complete
- Common provisions founders sign without fully understanding — and what they mean in practice


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