If you plan on starting a business, the most likely business entity that you'll form is the LLC. The Operating Agreement (otherwise known as a Company Agreement) is a vital part of the business formation process. This document governs how the business is managed daily as well as fundamental changes to the business.

Operating Agreement (Managers)

  • Choose this document if you plan on having a manager-managed business (and not member-managed). If you aren't sure what this means, go back and download my Starter Kit for the explanation and then come back!