LLC Operating Agreement Template
Free Word template for single-member or multi-member LLCs formalizing how the business operates.
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.
Not legal advice
This template is general information to help you get started. It is not legal advice. Laws differ by country and situation, so have a qualified professional check it before you rely on it.
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Questions
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 Organisation filing. Check your specific state's requirements.
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