Registrato: 26/06/19 10:13
|Towing services are most well known for two things. They are known for taking peoples illegally parked cars and carrying cars when they break down. The fact that these companies pick up illegally parked cars makes them hated by much of the general public. The truth is , these companies do those things and more. In fact , there are six very helpful things that towing companies can do for customers.
The primary service that these companies offer is in fact basic towing. Despite the bad reputation of this type of assistance , it can be very helpful. Not only will they pick up a person's car if it is illegally parked but they will pick a person up and carry their car to an auto repair shop if the drivers car has broken down. This service is also used when people get into car accidents and need their car taken to an auto body repair shop.
Another service that some of these companies will offer is called Class B towing. This type of assistance is for people who need very large vehicles transported. This type of assistance would consist of carrying a persons RV or tractor from one location to another.
One of the more dangerous types of assistance that these companies offer is called Winching. Winching consist of pulling cars out of places when they are stuck. This type of assistance would consist of pulling a person's car out of a ditch if their car got stuck.
These companies can also offer assistance to people who have locked their keys in their car. Many of these companies keep skilled locksmiths in their workforce. These people can open a car door for a customer without damaging the car. They use high tech lock picking tools.
Another service that some of these companies will offer is jumpstarting. This service consist of the company sending a truck to a person who's car battery has died. When the truck arrives they connect the car battery to the truck battery and give the car battery a boost. Then the person can drive their car home or to their destination.
A great service that some companies offer is called fuel delivery. If a person runs out of gas they can call a tow company and the company will send a truck will fuel. The fuel will be put into the customers car and they will be charged a small fee for delivery and the price of the gas.
Towing services offer so many helpful forms of assistance to their customers. They can help a person who wrecked their car. They can transport a broken down tractor. They can pull a customer's car out of a ditch. They can open a customer's car when they have locked their keys inside of the car. They can jumpstart a customer's car if the car's battery has died. They can bring fuel to a person when their car has run out of gas. These companies offer so many more services than most people think.
There are several reasons why an entrepreneur would opt to form an LLC or Limited Liability Company. New or smaller scale businesses will greatly benefit from having a Limited Liability Company structure. Most of the time a Limited Liability Company serves to give the business a structure that will maximize profits and reduce operating costs. Another reason to form an LLC is for the protection it gives to business owners.
If you are looking to form an LLC then you should not forget the Limited Liability Company operating agreement. Although not all state require a company operating agreement it would still be prudent to have one drafted. It is still important to have a company operating agreement even if you are the sole proprietor of your company.
How is a Limited Liability Company operating agreement significant?
路 It protects your limited liability status for legal purposes. If you are the sole owner of the LLC , without the company operating agreement the courts will view your business as a sole proprietorship. The agreement is needed to give credibility to the LLC.
路 For LLCs with multiple members , the agreement will provide a structure for management and profit distribution. Without it , any misunderstandings and conflicts between members regarding finances and management will be difficult to resolve.
路 The company operating agreement will also serve to replace the default LLC rules set by some states. Without the company operating agreement your LLC will have to follow the basic rules set by the state such as the equal distribution of profits and losses regardless of a member鈥檚 stake in the company.
A company operating agreement defines the general structure of your company and will set all the provisions that are best suited over the default rules set by the state.
There are many things that should be addressed in the company operating agreement. The following are some of the details contained in the company operating agreement:
路 Each member鈥檚 responsibilities and rights.
路 Management of the LLC
路 Rules regarding regular meetings and votes
路 Buy-sell provisions in case of members wanting to sell their interest in the company , dying or being generally disabled.
路 Each member鈥檚 stake in the company. Normally , each member receives a stake in the company proportional to the amount of resources they have put in the establishment of the company. The company operating agreement will allow members to divide ownership of the company any way they like regardless of contributions to the capital. The distribution of profits will usually be proportional to a member鈥檚 stake in the company but the agreement will also allow profit distribution that is not proportional to a member鈥檚 ownership percentage.
路 The voting power of each member must also be clearly defined. More often than not a member鈥檚 voting power is proportional to their stake in the company.
You have several options regarding the creation of a company operating agreement. Experts such as business lawyers can be consulted. There are easy to fill up LLC packages a.