Formation
LLC Operating Agreement (Basics)
A starter operating agreement for a single-member or simple multi-member LLC. Covers ownership, money, and decisions so your LLC actually holds up.
What is inside
- Member names, ownership percentages, and capital
- How profits, losses, and distributions are split
- Management, voting, and decision rules
- Adding or removing members, and buyout basics
- Dissolution and record-keeping provisions
Who it is for
Single-member LLC owners and small multi-member LLCs who formed the entity but never put ownership, money, and decisions in writing.
Questions it answers
- Who owns what percentage, and what did each member put in?
- How do profits and distributions actually get split?
- Who decides what, and what needs a vote?
- What happens if a member wants out, or a new one wants in?
What you get
A fill-in LLC operating agreement in Word and PDF for a single or small multi-member LLC, with guidance notes.
Format: Editable Word + PDF
Preview shows the document layout. The full text is in your download.
Editable Word + PDF
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See the Build plan →Not legal advice. This is an informational sample document. Have an attorney review it before you use it; meeting your state's requirements is your responsibility.
- Editable, so you make it yours in minutes
- Yours to keep and reuse
- Built for real founders by Dee Williams
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- These templates and contracts are informational samples, not legal advice, and buying one does not create an attorney-client relationship with anyone.
- Laws differ by state, by industry, and by situation. Have a qualified attorney review any document before you rely on it or ask someone to sign it.
- It is your responsibility to make sure any document you use meets your state's requirements and fits your specific circumstances.