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what are some common mistakes had I seen the operating agreements first and foremost I see people not really utilizing the full potential of the LLC and the operating agreements meaning that they just use a template and dont really realize that theres so much creativity that you could do than LLC theres so many ways to run the company and just by finding a template online or trying to write it yourself you miss out on the opportunity to have that flexibility with your business partners like another common mistake I see is that the tax ramifications are not properly considered so some people automatically opt for an S corp but maybe that might not be necessary you know a lot of times the language and the templates especially the older ones are outdated or theyre not accurate or they dont really reflect what the LLC owners and members are trying to do another common mistake is that people dont even use the right kind of template Ive seen people try to use something called like an