Creating an LLC Operating AgreementLLC Operating Agreement • November 27th, 2020
Contract Type FiledNovember 27th, 2020An LLC operating agreement allows you to structure your financial and working relationships with your co-owners in a way that suits your business. In your operating agreement, you and your co-owners establish each owner's percentage of ownership in the LLC, his or her share of profits (or losses), his or her rights and responsibilities, and what will happen to the business if one of you leaves.