Small Business Operating Agreement Template for Philippines

1. Intellectual Property Rights: Protection and ownership of IP assets when the business involves intellectual property

2. Confidentiality: Non-disclosure provisions when sensitive information is involved

3. Non-Compete: Restrictions on competitive activities when necessary for business protection

4. Employment Matters: Employment policies and procedures if the business has employees

5. Insurance: Required insurance coverage and procedures when specific risks need to be addressed

6. Environmental Compliance: Environmental obligations when business activities have environmental impact

7. Technology and Data Protection: Digital assets and data protection compliance when handling sensitive data

8. Foreign Investment Provisions: Special provisions when foreign investors are involved

1. Schedule A - Initial Capital Contributions: Detailed breakdown of each party's initial capital contributions

2. Schedule B - Asset Register: List of business assets and their ownership status

3. Schedule C - Business Plan: Initial business plan and operational objectives

4. Schedule D - Management Structure: Detailed organizational chart and management responsibilities

5. Schedule E - Financial Procedures: Specific procedures for financial management and reporting

6. Appendix 1 - Required Permits and Licenses: List of necessary government permits and licenses

7. Appendix 2 - Key Performance Indicators: Metrics for measuring business performance

8. Appendix 3 - Specimen Signatures: Authorized signatures for business operations