LLC Operating Agreement Generator for New Businesses
An LLC operating agreement defines how your company is run, how profits are split, and what happens when a member leaves. Our LLC operating agreement generator organizes these rules into a document your members can review and sign.
Even single-member LLCs benefit from a written agreement because banks, investors, and courts often expect to see how the business is structured. Updating the agreement after adding members prevents gaps between ownership and documented voting rights.
Who Uses This
Founders forming a limited liability company, partners going into business together, and existing LLCs updating their governance rules use operating agreements. The document covers voting, capital contributions, management duties, and dissolution steps.
Without a signed agreement, state default rules may apply in ways that do not match how you actually want to operate.
Address capital calls, member buyout formulas, and dispute resolution early so partners know what happens during disagreements or departures. Banks may request a copy when you open a business account.
How to Fill It Out
- Enter the LLC name, state of formation, and member names with ownership percentages.
- Define management structure, voting rights, and profit distribution rules.
- Include procedures for adding members, transfers, and company dissolution.
- Review, sign, and store the agreement with your business records.
Important Notes
This tool produces a draft template, not legal advice. LLC requirements differ by state, and tax treatment may depend on how your agreement is worded. Review with an attorney or qualified professional before filing or signing any operating agreement. Schedule an annual review when membership or capital contributions change.
Schedule an annual review of the agreement when membership or capital contributions change. Signed amendments should be stored alongside the original operating agreement.
Protect proprietary information with our non-disclosure agreement and hire help using the independent contractor agreement when you bring on outside talent.