Simple Operating Agreement

A Simple Operating Agreement is a foundational document that outlines the structure and operating procedures of a Limited Liability Company (LLC). It sets forth the rights and responsibilities of the members (owners) and managers, capital contributions, profit and loss allocations, governance and voting structures, and provisions for changes in membership and dissolution of the company. It’s designed to guide the internal operations of the business in a way that suits the specific needs of the business owners. Our template is designed with all the necessary elements to help you draft an effective and straightforward agreement tailored to your company’s unique needs. Plus, for your convenience, our Simple Operating Agreement template is available in Word, PDF, and Google Docs formats, making it easy to edit and share with your business partners.