I can draft for you an ironclad operating agreement for a multi-member LLC

An LLC Operating Agreement is a legally binding business document that, similarly to a corporation's bylaws, outlines the ownership details of its members, how the company is managed, who can write checks, who can bind the company to debts over a certain amount and so much more. It can provide details such as when meetings are held, the process of adding/dropping members, how the business is to be valued if a member later wants to be bought out and things nobody wants to think about like where does a member's ownership interest go if he/she dies? Does it go to their next of kin or revert back to the business to be spread out amongst the remaining members?

As you can see, having an LLC Operating Agreement is crucial to a business' success. It outlines the roles and responsibilities of all of its members and ensures everyone is on the same page from the outset so that there is no confusion later on.

There are way too many relationships ruined by failing to enter into an LLC Operating Agreement. Strong friendships and family ties can be seriously threatened when a dispute arises and no express method of resolving the dispute exists. So take the steps now to put your business on a firm foundation and order your LLC Operating Agreement today!

Additionally, going into business with someone is like a marriage. If things work out and the business takes off, you and your partner(s) will be working very closely together for a long time. The LLC Operating Agreement acts as a manual on how your relationship will be governed. Similarly to how no two marriages are going operate the same way, you should definitely avoid downloading some random agreement online because there's not a chance that template will fully apply to your situation.