An operating agreement, also known in some states as an LLC agreement, is a contract that describes how a business plans to operate. Think of it as a legal business plan that reads like a prenup.

The operating agreement is thus a document that spells out the terms of a limited liability company (LLC) according to the members. It sets forth the path for the business to follow and brings ...

Affordable ways to create an operating agreement Many LLC formation companies, including Rocket Lawyer and Northwest Registered Agent, offer free LLC operating agreement templates. In fact, Rocket ...

An LLC operating agreement isn’t required in most states, but it’s an important legal document for a business. Many, or all, of the products featured on this page are from our advertising ...

Restaurant LLC Operating Agreement. Once you have registered your restaurant as a limited liability company, you will need to draft an LLC operating agreement to dictate the terms of how your ...

A limited liability company operating agreement is an important document that formalizes the relationships between the co-owners of the LLC. The operating agreement, which is a requirement in some ...

For an LLC, the rulebook is called an “operating agreement.” For a corporation, the rulebook is called “regulations.” ...

An operating agreement is essentially a contract created between the members of an LLC that memorializes business operations and relationships between the members and the company. This contract ...

In Texas, an operating agreement isn’t required to form a limited liability company (LLC). However, business attorneys, accountants and advisors agree that no LLC should form without one. An LLC ...