Custom operating agreement tailored to your business structure
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An operating agreement is the internal contract between an LLC's owners. It sets ownership percentages, how profits and losses are allocated, who can bind the company, what happens when a member wants out, dies, or divorces, and how deadlocks get resolved.
Most states don't require you to file one, which is why so many companies skip it — and then discover the gap during a bank account opening, a partner dispute, or diligence. Without an agreement, your state's default statutory rules apply, and those defaults rarely match what the owners actually intended, especially around unequal contributions and exits.
Single-member LLCs benefit too. The agreement is documentary evidence that the company is genuinely separate from you personally, which is part of what keeps the liability shield intact if it's ever challenged. We build yours from your answers rather than handing you a blank template.
Generally no. It's an internal governing document you keep with your corporate records, though banks and investors will ask to see it.
Handshake deals fail exactly when they matter. Writing down splits, roles, and exit terms while everyone still agrees is the cheapest insurance available.
Yes, by amendment under whatever procedure the agreement itself specifies — typically a defined member vote.
A generic template usually leaves the hard parts blank: buyout valuation, transfer restrictions, and deadlock resolution. Those are the clauses that get litigated.