What is an LLC Operating Agreement? An Operating Agreement is an important document for establishing your Limited Liability Company that outlines the ownership and member duties of your LLC. Learn the essential parts of an LLC Operating Agreement and what they address in this video.

While not all states require an LLC to have an operating agreement, it is highly recommended in case of a lawsuit, dispute between partners, and to clear up any confusion when operating a company.

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TIMESTAMPS
0:00 - Intro
0:40 - What is an LLC Operating Agreement?
0:58 - Why Create an Operating Agreement?
1:51 - What is in an Operating Agreement?
5:53 - Why an Operating Agreement is a Living Document
6:35 - How to Create and Operating Agreement with our Free Tools

🔒 An operating agreement is just one part of maintaining your company's Corporate Veil, or protection of your personal assets in case your company is held liable in a lawsuit. Learn more about the Corporate Veil in our video:
   • What is the Corporate Veil? - How to ...  

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