With LLC Attorney, every entity formation includes a standard operating agreement. While many other providers charge for this essential document or don't provide it at all, we believe protecting your business isn’t optional. We also offer affordable customized operating agreements for more complex entities.
An operating agreement isn’t just paperwork—it’s your company’s playbook. It lays out when your business was started, who’s allowed to make decisions, and how everything should run day to day. It also spells out each member’s role so there’s no confusion down the line. Ours are crafted by attorneys who know business law inside and out, so you’re not stuck with a generic template—you’re getting a real legal document that reflects how you want your business to work.
Standard Operating Agreement
Included with every formation. Every entity we form includes a standard operating agreement designed to provide best-in-class asset protection. For most business owners, a standard operating agreement is sufficient. It helps ensure you get the benefit of your liability protection, and is often a required document when opening a business bank account. It also helps reduce the likelihood of misunderstandings, disagreements, and legal disputes down the line.
Custom Operating Agreement
For multi-member LLCs or more complex needs, we recommend upgrading to a custom operating agreement, which includes unlimited updates as the business changes over time. A custom operating agreement goes a level deeper than our standard operating agreement, including: how decisions will be made, when and how distributions work, how the company's value should be calculated, and more.
While only some states require an operating agreement, we provide one for every entity we form because it lays the foundation for how your business will operate—and protects you from the unexpected.
Whether you're running a solo venture or have multiple members involved, an operating agreement clarifies ownership, roles, and how decisions are made. Starting with one in place shows you’re serious—and ensures you're covered from day one.
These are the key reasons we include one with every LLC or Corporation we form:
An operating agreement outlines your LLC’s internal structure and specifies the roles of members and managers. It includes key details, from responsibilities and compensation to taxes and dissolution procedures.
LLC Attorney includes a standard operating agreement with every formation. In the event that you have a multi-member LLC (meaning multiple owners), you may choose a customized operating agreement.
An operating agreement typically reflects the rules for managing the LLC, such as:
If you don’t have an operating agreement, it can be difficult to prove who owns the company or how it’s meant to operate, which can create problems down the road.
Let’s say you start an LLC with a business partner but don’t create an operating agreement. Later, your partner wants to leave the business—and they believe they’re entitled to half the company’s profits and decision-making power, even though you were the one who put in all the initial capital and do all the day-to-day work.
Without an operating agreement in place, there's no way to legally prove that. In that case, your state’s default LLC laws determine what happens. In many states, that means profits and voting power are split equally among members—regardless of what you may have intended.
With an operating agreement, you can outline exactly how profits are shared, how decisions are made, and what happens if a member leaves. It replaces the state’s default rules with terms that actually reflect your business arrangement—giving you clarity, protection, and peace of mind.
Yes. Even single-member LLCs benefit from an operating agreement—it helps protect your limited liability status and shows banks, courts, and partners that your business is legitimate and properly structured.
Not in every state, but it’s highly recommended. Without one, your business will default to generic state laws, which may not align with how you want to run your company.
Technically yes, but it’s easy to overlook key protections. Using a professionally drafted, attorney-reviewed agreement ensures your business is properly structured and legally sound.
AYes. Most agreements include a process for making amendments, so you can adjust as your business grows or changes. If you ever need to make a change, you can do so directly in the portal or you can call our support team who will walk you through it.
No. It’s a private, internal document that you keep for your records—but you may need to provide it to banks, lenders, or partners. If you ever face legal action or a dispute that goes to court or mediation, your operating agreement can serve as key evidence to show how your business is structured and how decisions are meant to be made.
If you go to a traditional attorney, an operating agreement can cost hundreds—or even thousands—of dollars. At LLC Attorney, we include a custom, attorney-drafted operating agreement with every LLC or corporation formation at no additional charge. It’s part of how we make sure your business is set up the right way from the start.
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