Are you considering starting a limited liability company (LLC)? If so, you will need an LLC operating agreement. An operating agreement is a legal document that outlines the structure and operation of an LLC. It is a key document that can protect your business and its members in the event of disagreements or legal issues.
Unfortunately, hiring a lawyer to draft an LLC operating agreement can be expensive. Thankfully, there are many free resources available online that can help you create your own LLC operating agreement. Here are some of the best options.
1. Rocket Lawyer
Rocket Lawyer is a popular legal services website that offers a free LLC operating agreement template. The template is customizable and provides a comprehensive framework for your operating agreement. In addition to the operating agreement, Rocket Lawyer also offers other legal documents and services for LLCs.
2. LegalZoom
LegalZoom is another well-known legal services website that offers a free operating agreement template for LLCs. The template is easy to use and customizability. LegalZoom also offers other legal services, such as LLC formation and registered agent services.
3. LawDepot
LawDepot offers a free LLC operating agreement template that is simple to use and can be customized to fit your specific needs. They also offer other legal forms and services for small businesses.
4. Northwest Registered Agent
Northwest Registered Agent provides a free LLC operating agreement template that is easy to customize and use. They also offer other legal services, such as LLC formation and registered agent services.
5. Nolo
Nolo is a legal services website that offers a variety of free legal documents, including a customizable LLC operating agreement. Their operating agreement template is comprehensive and easy to use. Nolo also offers other legal services and resources for small businesses.
In conclusion, there are many free resources available online to help you create your own LLC operating agreement. These resources can save you time and money compared to hiring a lawyer to draft an operating agreement. Be sure to carefully review any operating agreement template and customize it to fit your specific needs. With a well-drafted LLC operating agreement in place, you can protect your business and its members in the event of disagreements or legal issues.