LLC Essential
Operating Agreement
An operating agreement is the foundational document for your LLC. It defines ownership structure, management roles, profit distribution, and procedures for key decisions. Most banks require one to open a business account.
what's included
Customized to your LLC structure
Member-managed or manager-managed options
Profit and loss distribution terms
Transfer of membership interest provisions
Dissolution and exit procedures
Required by most banks for account opening
Strengthens liability protection
AI-assisted drafting available