An operating agreement is a type of internal governance document used by LLCs. It outlines the roles, responsibilities, and ownership between the parties undertaking the LLC.
The operating agreement is a legally binding document that is filed internally and kept at the business's physical location. The operating agreement is not filed with the state. Although it is not a requirement to have in most states, it is considered good business practice to have an operating agreement for the LLC.
We offer an operating agreement template which comes with our Pro and Premium plans. It can also be purchased individually by clicking the button below.
Your operating agreement template can be found in the Documents section of your ZenBusiness dashboard, within the Document Templates folder.