LLC Operating Agreement Template
A free, editable Word document built for single-member or multi-member LLCs formalizing how the business operates — not a generic all-purpose template.
Most states don’t require an LLC operating agreement to be filed, which is exactly why so many LLCs never write one — until a dispute over ownership, profit split, or decision-making comes up with no document to settle it.
This template covers member ownership percentages, management structure, capital contributions, profit and loss allocation, and what happens if a member wants to transfer their interest or the LLC dissolves.
This template is provided for general informational purposes and does not constitute legal, financial, or HR advice. Have it reviewed by a qualified professional before using it with a real client or employee.
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See startbuddi for startupsQuestions about this template
Do I need this for a single-member LLC?
Yes — even a single-member LLC benefits from an operating agreement. It reinforces the separation between you and the business, which matters for liability protection.
Does this replace filing with my state?
No — this is an internal governance document, separate from your state's Articles of Organization filing. Check your specific state's requirements.
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