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Stop Second-Guessing Your Operating Agreement

  • Kate Kliebert
  • Sep 18
  • 3 min read
A Fractional GC can make all the difference.
A Fractional GC can make all the difference.

Most business owners sign their shareholder, operating, or partnership agreement, tuck it away in a drawer, and move forward. That works fine until a major decision comes up, and suddenly the fine print matters.


At Kliebert Law, we regularly hear two common concerns:


“I don’t really understand what this agreement says.”


“I don’t want to accidentally violate my agreement and open myself up to liability.”


If either of those sounds familiar, you are not alone. This is exactly where Fractional General Counsel support proves its value.


“I Don’t Understand What This Agreement Says.”


Operating agreements and shareholder agreements are drafted with precision. That precision is necessary, but it often comes with dense language, cross-references, and technical terms that leave even experienced entrepreneurs uncertain.

Take, for example, a commercial real estate developer who forms a new LLC for each project. In each LLC, they serve as the manager while investors are members. On paper, the agreement spells out who makes decisions. In practice, the manager might still wonder:

  • Do I need member approval to refinance the property?

  • Can I hire an expensive vendor without a vote?

  • What counts as “ordinary” business versus “extraordinary” business?

These are not small details. They affect how quickly the business can move forward and whether investor relationships remain smooth. Fractional General Counsel acts as your translator, breaking down what the agreement really says and how it applies to real-world decisions.


“I Don’t Want to Accidentally Violate My Agreement.”


For many business owners, the bigger fear is liability. One wrong move could trigger lawsuits, regulatory issues, or investor disputes.

Violating an agreement does not always look like a dramatic breach. Sometimes it is as simple as approving a loan without the required sign-off, or making a strategic move that technically needed member consent. Small oversights can create leverage for others in the partnership and leave you defending actions you thought were routine.

Proactive legal guidance prevents these situations. A Fractional GC is not only there to interpret agreements; they help you anticipate the ripple effects of decisions, so you can move forward with confidence.


How Fractional GC Support Helps Your Business Grow


With Fractional GC support, you do not have to figure it out alone. You get:


  • Plain-English guidance tailored to your business.

  • Clear guardrails so you know when you can act independently and when approval is required.

  • Risk-spotting before issues become disputes.

  • Peace of mind knowing you have a trusted advisor on call whenever a “what if” comes up.


For many business owners, this support allows them to focus on growth and strategy instead of spending hours combing through agreements or worrying about costly mistakes. If you have ever stared at your operating agreement and thought, “I don’t get this, and I don’t want to get it wrong,” you are exactly the kind of business owner who benefits from Fractional GC support.


At Kliebert Law, we do not just interpret your agreement once and disappear. We stay engaged, helping you navigate every twist and turn with clarity and confidence.


Ready to stop second-guessing your operating agreement? Schedule your free 15-minute consultation today to learn how Fractional GC support can help your business.


You can fill out a quick form on our website and our team will be in touch soon! 

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