Corporate Governance / Operating Agreements

ASC is a proven management and financial business partner, having prepared more than 100 business plans and development projects since 1987. 

Corporate governance is the system of rules, practices and processes by which a company is directed and controlled. Corporate governance essentially involves balancing the interests of a company's many stakeholders, such as shareholders, management, customers, suppliers, financiers, government and the community.

An operating agreement governs the company’s business and members' financial and managerial rights and duties. More specifically, ASC can assist you in creating an operating agreement that addresses the following:

• members’ rights, powers and entitlements;
• membership interests;
• capital accounts;
• distribution of profits;
• tax allocation responsibility; and
• critical items and rules that govern the company.