An Operating Agreement is the most important document for your LLC, as it provides clarity on rules, roles, decision-making processes, and profit distribution. It’s essential for protecting the member(s)' personal assets and maintaining your LLC’s limited liability status.

Our Operating Agreements include:

• Ownership structure and percentages
• Voting rights and decision-making processes
• Profit and loss distribution
• Management structure (member-managed or manager-managed)
• Procedures for adding or removing members
• Dissolution and exit strategies

Yes, we provide Operating Agreements for both single-member and multi-member LLCs. Although all of our Operating Agreements allow for increases and decreases in the number of members, it is best to start with one that represents your current number of members.

Although our legal templates are in Word and thus fully-customizable, amendments can be made by you or your legal advisors.

We do not provide legal advice in or with any of our legal templates. If you need legal advice to confirm the agreement's compliance in your state, we suggest you hire a business attorney licensed in your state.

If you are located in California and want to discuss contract amendments or legal advice specific to you, feel free to reach out to our CEO Chris Jackson at Chris Jackson Law Website

This 21 page comprehensive LLC Next Steps Guide answers all your questions about what to do after you form your LLC.  You will learn everything we can think of to get your LLC up and running properly so you take advantage of asset protection, tax savings, and the other advantages of LLC ownership.  It includes, without limitation, the following:

• Protecting yourself from liabilities of the LLC;
• The Operating Agreement;
• How to open bank accounts;
• How to fund the LLC;
• Tax elections;
• How to pay yourself;
• Adequate capitalization;
• How to make decisions;
• How to enter into agreements;
• How to present yourself to the public; and
• Many other topics you will find helpful.

Member-Managed LLCs generally require the participation of all members in all decisions. This can be cumbersome.

Just like a corporation does not want to be managed by its shareholders, we believe members should appoint managers to run the day to day business.

For more details, feel free tow atch our CEO's video on this here: Video - Manager-Managed vs Member-Managed LLCs