LLC Operating Agreement

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An LLC Operating Agreement allows you to set out your own policies about the operation of your business, rather than being subject to your state’s default LLC laws.

You can create a management structure that works best for your business, and if any questions arise, you’ll be able to refer to this written record. 

Only $35

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EXPERIENCED PROFESSIONALS

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StartABizzy.com has worked with thousands of companies. We can put all of that expertise and knowledge to work for you so you can get back to focusing on your business.

FAST & RELIABLE SERVICE

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Through your secure online account, you can complete the process often with a few clicks of the mouse and then let our business professionals take over. With our automated process and expertise, we do it fast and do it right.

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AVOID THE HEADACHES

Rather than doing the research and figuring out exactly how to do the paperwork yourself, let our professionals handle it for you. Our mission is to take away the hassles of paperwork so you can build your business.

AVOID COSTLY MISTAKES

money

Messing up this annoying administrative task can slow you down and cost you extra. Knowing that it will be done fast and done right the first time allows you to get to work faster and follow your passion while we do the paperwork.

LLC Operating Agreement FAQs

Most frequent questions and answers

The LLC Operating Agreement is the document that sets the ground rules for how the LLC is going to operate. It is similar to a partnership agreement for partnerships or bylaws/shareholder agreements for corporations.

One of the primary reason to form an LLC is to shield the owners from individual liability. To keep that protection, you have to follow the formalities to demonstrate that you really are operating as an LLC and having a proper LLC operating agreement is one way to demonstrate that. If you have more than one member in the LLC, it is also imperative to set forth the ground rules for how you will operate the LLC at the beginning before any disagreements arise.

There is no set rule dictating what must or what cannot be in your LLC operating agreement. Generally speaking the LLC Operating Agreement will cover:

  • Initial capital contributions of the members
  • Who gets to vote, how they vote and what percentage of votes are needed to do certain actions
  • Restrictions on transfer of a member’s share or the addition of a new member
  • How profits will be distributed
  • Designation of officers or managers

Without an LLC Operating Agreement, you could lose the personal liability shield that comes with the formation of your LLC. Many states have default rules that will govern your LLC if there is no agreement, but the lack of clear rules at the outset is one of the primary reasons many disputes between owners end up at the courthouse. As lawyers like to say, you can pay a little to establish the rules now or pay a lot more to have the rules established in court.

Driving Businesses Forward

Every day, we help businesses capture more opportunities and meet their goals.

LLC Operating Agreement

FirstImage

An LLC Operating Agreement allows you to set out your own policies about the operation of your business, rather than being subject to your state’s default LLC laws. You can create a management structure that works best for your business, and if any questions arise, you’ll be able to refer to this written record. 

Only $35

Legal Documents At Your Fingertips

1.document

Build your document

Answer a few simple questions to make your document in minutes

2.download

Save, print & share

Save progress and finish on any device, download & print anytime

3.contract

Sign & make it legal

Securely sign online and invite others to sign.

Why Choose StartABizzy.com

Our knowledgeable staff has years of experience. Do what you love, let us handle the paperwork‎.

EXPERIENCED PROFESSIONALS

medal

StartABizzy.com has worked with thousands of companies. We can put all of that expertise and knowledge to work for you so you can get back to focusing on your business.

FAST & RELIABLE SERVICE

startup (1)

Through your secure online account, you can complete the process often with a few clicks of the mouse and then let our business professionals take over. With our automated process and expertise, we do it fast and do it right.

AVOID THE HEADACHES

siren

Rather than doing the research and figuring out exactly how to do the paperwork yourself, let our professionals handle it for you. Our mission is to take away the hassles of paperwork so you can build your business.

AVOID COSTLY MISTAKES

money

Messing up this annoying administrative task can slow you down and cost you extra. Knowing that it will be done fast and done right the first time allows you to get to work faster and follow your passion while we do the paperwork.

LLC Operating Agreement FAQs

Most frequent questions and answers

The LLC Operating Agreement is the document that sets the ground rules for how the LLC is going to operate. It is similar to a partnership agreement for partnerships or bylaws/shareholder agreements for corporations.

One of the primary reason to form an LLC is to shield the owners from individual liability. To keep that protection, you have to follow the formalities to demonstrate that you really are operating as an LLC and having a proper LLC operating agreement is one way to demonstrate that. If you have more than one member in the LLC, it is also imperative to set forth the ground rules for how you will operate the LLC at the beginning before any disagreements arise.

There is no set rule dictating what must or what cannot be in your LLC operating agreement. Generally speaking the LLC Operating Agreement will cover:

  • Initial capital contributions of the members
  • Who gets to vote, how they vote and what percentage of votes are needed to do certain actions
  • Restrictions on transfer of a member’s share or the addition of a new member
  • How profits will be distributed
  • Designation of officers or managers

Without an LLC Operating Agreement, you could lose the personal liability shield that comes with the formation of your LLC. Many states have default rules that will govern your LLC if there is no agreement, but the lack of clear rules at the outset is one of the primary reasons many disputes between owners end up at the courthouse. As lawyers like to say, you can pay a little to establish the rules now or pay a lot more to have the rules established in court.

Driving Businesses Forward

Every day, we help businesses capture more opportunities and meet their goals.

LLC Operating Agreement

An LLC Operating Agreement allows you to set out your own policies about the operation of your business, rather than being subject to your state’s default LLC laws. You can create a management structure that works best for your business, and if any questions arise, you’ll be able to refer to this written record. 

Only $35 

FirstImage

Legal Documents At Your Fingertips

1.document

1. Build your document

Answer a few simple questions to make your document in minutes

2.download

2. Save, print & share

Save progress and finish on any device, download & print anytime

3.contract

3. Sign & make it legal

Securely sign online and invite others to sign.

Why Choose StartABizzy.com

Our knowledgeable staff has years of experience. Do what you love, let us handle the paperwork‎.

medal

EXPERIENCED PROFESSIONALS

StartABizzy.com has worked with thousands of companies. We can put all of that expertise and knowledge to work for you so you can get back to focusing on your business.

startup (1)

FAST & RELIABLE SERVICE

Through your secure online account, you can complete the process often with a few clicks of the mouse and then let our business professionals take over. With our automated process and expertise, we do it fast and do it right.

siren

AVOID THE HEADACHES

Rather than doing the research and figuring out exactly how to do the paperwork yourself, let our professionals handle it for you. Our mission is to take away the hassles of paperwork so you can build your business.

money

AVOID COSTLY MISTAKES

Messing up this annoying administrative task can slow you down and cost you extra. Knowing that it will be done fast and done right the first time allows you to get to work faster and follow your passion while we do the paperwork.

LLC Operating Agreement FAQs

Most frequent questions and answers

The LLC Operating Agreement is the document that sets the ground rules for how the LLC is going to operate. It is similar to a partnership agreement for partnerships or bylaws/shareholder agreements for corporations.

One of the primary reason to form an LLC is to shield the owners from individual liability. To keep that protection, you have to follow the formalities to demonstrate that you really are operating as an LLC and having a proper LLC operating agreement is one way to demonstrate that. If you have more than one member in the LLC, it is also imperative to set forth the ground rules for how you will operate the LLC at the beginning before any disagreements arise.

There is no set rule dictating what must or what cannot be in your LLC operating agreement. Generally speaking the LLC Operating Agreement will cover:

  • Initial capital contributions of the members
  • Who gets to vote, how they vote and what percentage of votes are needed to do certain actions
  • Restrictions on transfer of a member’s share or the addition of a new member
  • How profits will be distributed
  • Designation of officers or managers

Without an LLC Operating Agreement, you could lose the personal liability shield that comes with the formation of your LLC. Many states have default rules that will govern your LLC if there is no agreement, but the lack of clear rules at the outset is one of the primary reasons many disputes between owners end up at the courthouse. As lawyers like to say, you can pay a little to establish the rules now or pay a lot more to have the rules established in court.

Driving Businesses Forward

Every day, we help businesses capture more opportunities and meet their goals.