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.

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 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 ...

Free Operating Agreement Templates An Operating Agreement is an important document that describes how an LLC will be run, yet it is frequently neglected by the majority of business owners.

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 ...

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 ...

In my view, however, every good written operating agreement should address the seven main issues listed below. But if you consider these issues for even a minute, you’ll realize that no LLC act, ...

An operating agreement for the LLC protects the company's limited liability status. For example, a multiple-member LLC that does not have an operating agreement may look similar to a partnership.

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 ...