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What is an LLC Operating Agreement? (Get a Free Custom Operating Agreement)

📄 Download our free operating agreement here: https://howtostartanllc.com/free-oper... 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. DISCOUNT LINKS & RESOURCES When you use our exclusive discount links to sign up with our recommended partners, you get great rates, and we earn a small commission. This helps us continue to provide valuable information for free. Thanks for supporting us! 💼 Form your LLC with Northwest and get 1 Year of Free Registered Agent Service: https://go.truic.com/4anReTw 🕵️‍♀️ If you need a registered agent service, use this discount link: https://go.truic.com/3QJTXjt 📄 Download our free operating agreement here: https://howtostartanllc.com/free-oper... 🏷️ Do a name check to see what names are available for your LLC & website: https://epicbusinessnames.com/ 🎯 Our Free AI powered logo generator can help you brand your company: https://howtostartanllc.com/logo-maker 👾 Use our QR Code Generator to make your business information easily accessible: https://howtostartanllc.com/qr-code-g... 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 ...   💼 How to Form an LLC: https://howtostartanllc.com/form-an-llc Visit howtostartanllc.com to learn about LLC formation, and other useful information for starting a business in your state, like: 🔎 What is an LLC: https://howtostartanllc.com/what-is-a... 🔎 Top Five LLC formation services: https://howtostartanllc.com/reviews/l... 🔎 Free legal forms, including operating agreement templates, employment contracts, NDAs, and other documents at: https://howtostartanllc.com/legal-forms 🔎 Check out our Business ideas tool: https://howtostartanllc.com/business-... 🔔 Please like, comment, and subscribe if you appreciate our content, and want to see more! 🔥 At TRUiC we are dedicated to providing the most useful information for small business owners, and would love to see your feedback in the comments on what other information you need to help follow your entrepreneurial dreams. #operatingagreement #entrepreneur #llc #business #smallbusiness