Use our operating agreement template to outline the rules and plans that govern your LLC and provide the structure and framework needed to grow your business.
Expressly separates your personal assets and affairs from the actions and liabilities of your LLC.
Articulates the business rules that will govern your new LLC as it scales and grows.
Outlines ownership votes and succession plans if the owner were to exit the business.
An operating agreement is a document that protects the owner’s personal assets from the actions of the LLC, clearly outlines which actions are acceptable for the business, and creates a succession plan should the owner exit the business.
Avoids some of the default rules of the state where you form your LLC
Without an operating agreement, your LLC will default to some of the standard rules and guidelines set by the state.
Helps secure funding from investors and lenders
Operating agreements outline legal and financial details like decision-making authority and how funds are used that can be helpful when trying to secure funding for your business.
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