LLC Operating Agreement: Free Template + Video Walkthrough

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LLC Operating Agreement Free Template + Video Walkthrough. An Operating Agreement is a legally binding document that outlines in detail the rights and responsibilities of the members of the LLC and how the business will operate.
👉 BEST Virtual Address for Business: bit.ly/44Tv7TC
👉 Free LLC Operating Agreement: bit.ly/2TQ1Itk
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Intro: (0:00)
What is an LLC Operating Agreement: (0:42)
Why operating agreements are important: (1:09)
How to write an LLC Operating Agreement: (1:52)
Free LLC Operating Agreement Template: (16:35)
Outro: (17:14)
Link To Free LLC Operating Agreement: bit.ly/2TQ1Itk
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Disclaimer: The information provided in this video is for informational purposes only and is not meant to take the place of professional legal, accounting, or financial advice. If you have any legal questions about this video or the subjects discussed, or any other legal matter, you should consult with an attorney or tax professional in your jurisdiction (i.e. where you live).

Опубликовано:

10 авг 2024

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Комментарии : 104

@breew2968 3 года назад

THANK YOU! I'm a visual learner, so this was so helpful to see you do it yourself! You introduced a useful online resource, did a step-by-step tutorial, and it was helpful to hear your commentary about why you selected each option in the template.

@LYFEAccounting 3 года назад

Bree, thanks so Much for sharing your comment. This is why we do it. I hope this takes you far

@mytimewithgod6140 2 года назад

Agree

@amateur_feet_world2233 2 года назад

very helpful, step by step, no fluff, just what i needed. Big thanks to you and the LYFE accounting group

@holleelifestyles2844 2 года назад

This was Amazingg! There are companies trying to charge $100 on top of their LLC formation services for something that is FREE. So glad I saw this first! Thanks Keran for reviewing this. HNY!

@user-eh4yt7gb2o 7 месяцев назад

As a new business owner converting and taking all the necessary steps to be up and going in the most effective, efficient manner, I appreciate these videos.

@sanfree1513 Год назад

I am starting my own consulting company and I needed this type of guidance - thank you!!! hands on support always welcomed

@user-kx9le4sg1s Год назад

I really appreciate your videos! They are easy to understand, you explain everything perfect and include great examples! God bless you and your team!

@GojiCenter 2 года назад

This is dope. thanks for sharing!

@LYFEAccounting 2 года назад

You bet! Thanks for watching.

@IndigoSparklz 2 года назад

You are awesome!!! Thank you for your terrific presence, articulate presentation and positive encouraging energy! Learned so much after feeling intimidated and feeling like this was kinda 'confrontational.' Smile

@LYFEAccounting 2 года назад

Love that for you Lisa. Thanks for watching and glad it was helpful.

@denisetaylor8279 2 года назад

Perfect! Just what I needed. I love this channel, especially the jokes.

@thomasaquinas601 2 года назад

Thanks for all your videos. They've been very helpful.

@VicSmith 2 года назад

I have a passion for this information and this youtube channel. Glad yall exist. Nothing but love.

@LYFEAccounting 2 года назад

❤️

@thefutureapocalypse 8 месяцев назад

THANK YOU, THANK YOU for explaining by breaking the info down into simple visual format.

@winniejean2442 Год назад

Thank you for this! I’ve been looking for a break down and this was chefs kiss mwah

@purplebutterfly4277 Год назад

Thank you for the simple step by step walk through!

@ch0lito 2 года назад

WOW this is a great and excellent video, specially for us the visual learners, thanks for sharing.

@dtsai 3 года назад

You guys have the best videos!

@Salriaraj20 Год назад

Thanks, Dear for sharing step-by-step info on the operating agreement.

@panamafred1 Год назад

Thank you! You pulled back the curtain on a mysterious requirement!

@TiffanyShanell 2 года назад

This was so helpful. Thank you so much!!

@LYFEAccounting 2 года назад

Glad it was helpful! What type of business are you starting?

@donzellgordon557 2 года назад

Thank you, this was incredibly helpful!

@LYFEAccounting 2 года назад

Glad it was helpful!

@mel_ohh Год назад

This was very helpful, thank you. I used the site to create several contracts!

@corteljackson6569 Год назад

Dude your actually amazing 🔥

@bizhon3 22 дня назад

Love it thank you very much, super helpful!

@flippingforreal109 7 месяцев назад

Thank you so much for sharing this video, I am starting an LLC this year in 2024 and I am trying to understand everything before I do it. 🥰

@Mrspesosxoxo 2 года назад

Thank you this was very helpful.

@renebirdow9895 9 месяцев назад

Thanks for that information. I really appreciate it.

@Anthony-du3he 7 месяцев назад

Thanks bro! Really saved me time and aggravation! Thanks for takint the time to make this

@reginaoakes6288 Год назад

Thank you so much so helpful!

@dofdestiny10 Год назад

That was great to learn what items mean, thank you!!

@shatonakersey3622 8 месяцев назад

Thank you for sharing!

@simplycherry23 Год назад

Thank you so much so helpful 🙏🏾

@MrsSugaShay 2 года назад

Thank you so much. This was so detail but simplicity that it was easy to follow. This totally helped me a lot. Thank you for the video. New Subscriber .

@LYFEAccounting 2 года назад

Hey Shatanya, glad it was helpful and welcome to the LYFE family!

@fatimael755 2 года назад

I benefit from all this information, thank you

@ariesko319 Год назад

Thank you so much fam! this was super helpful. I owe you a cup of coffee if you ever in LA.

@lahomilegister5195 Год назад

Thank you for the video

@epm9947 2 года назад

Thanks bruh👌🏾 Great Vid

@SunGODdess9999 Год назад

Thank you will be doing tonight

@mizzmoni Год назад

Oh my gosh thank you so much!!!

@naikeelovince7774 3 года назад

Great information. Thank you.

@LYFEAccounting 3 года назад

Awesome!

@neutralitythought 2 года назад

GREAT COMMENTARY!!!!!!!!!!

@user-fi5rj7ie3n 8 месяцев назад

Thanks for sharing.

@danieldecarvalho6073 2 года назад

Thank you so much! You guys are doing a fantastic job! I have learned a lot from you all! Just a question: This year I have opened an LLC SM company in Georgia. Am I allowed to run two different activities with this LLC single-member? Should I include this in my operating agreement?

@teazy3138 Год назад

Helping & informative 💎

@sunnaorlaterenterprises Год назад

Thanks for the video

@ThomEber Год назад

Always helpful!

@mberrynunez 3 года назад

Great job, thanks!

@LYFEAccounting 3 года назад

No problem, have you started an LLC yet

@litayogaplussize4738 10 месяцев назад

Thank you so much

@miyawesley1554 7 месяцев назад

Thank you

@byronanthony7834 10 месяцев назад

Thanks bro!

@elijahlester5765 Год назад

thankkkk youuuuu!!!!

@mariselatamayo594 10 месяцев назад

THANKYOU

@brianthomas3249 Год назад

Thank u

@eveliz2023 2 года назад

Hello👋🏽 great video… just wanted to know if I would need an operating agreement if I’m the only person in my LLC?

@6MTLIFE 2 года назад

Thank you my man! This was very helpful and just what I needed. Opening my business bank account next week a this was on their check list.

@Greatenergy720 2 года назад

Absolutely great info much appreciated!! Looking to start my LLC soon in nys myself. Can I Do the operating agreement thru the state myself without Using a third-party company?? If not what other company can I use besides law depot? Thanks ✌🏽

@LYFEAccounting 2 года назад

Yes, absolutely. You can also use Legal Zoom or Rocket Lawyer. I prefer Law Depot though.

@SherryXShi 2 года назад

I have watched over 3 hours of your videos! LOL. thanks for all the info. quick question. I am a one member LLC. I set it up as manager managed= me. so can I have CPA file Tax for me as S Corp and pay for all payroll taxes to EDD at the end of the year?

@lifeofyanique381 9 месяцев назад

Thank You for breaking this down , Do I need an operation agreement before or after creating an LLC ? I live in Florida & I am the only one in the LLC for now .

@NathanJacksonMusic 3 года назад

yes

@deseanthompson3086 10 месяцев назад

🔥

@anubisdozier3641 2 года назад

I need to hire a CPA, what state are you in? Just started a new LLC trucking business wanting for my authority.

@FijiLikeWater 2 года назад

Hi i formed an LLC and I need to add someone as a member and i would be going from single to multi member. So do I just add him in the operating agreement or is there other steps I have to do. I am from Illinois btw

@OGseoulite 3 года назад

Will there be a video like this for nonprofit small businesses?

@LYFEAccounting 3 года назад

You would like us to walk through how to set up a nonprofit?

@a.chams-eddine6617 3 года назад

Hello Keran, we have a one member registered LLC. We want to add another member to it. What form should we use to file it online? Thank you

@LYFEAccounting 3 года назад

You should do it with your annual renewal

@xbambamx100 Год назад

Hey I got a stupid question, as a single member llc do you still need to make a operating agreement ? and will this template work for a single member llc ?

@andrew-isac Год назад

Do we submit it anywhere ? Or at state level or country! Or is it just a signed document we keep a copy of in case requested by bank or else! Please clarify what is next step

@Sweetlady1916 Год назад

Can you have a partner/family members as owner on the LLC agreement?

@joyceellis6021 2 года назад

I wished you would have printed out and let us see the whole entire agreement.

@KeyPentViews Год назад

What do I do after I get my OPERATING agreement do I send it to anyone or it’s really just for me to keep just incase

@nouche-30064 11 месяцев назад

Very good video but I am confused or I missed something ⁉️You chose single member and then you have a partner and all other choices are based on this partnership. Do you have a video for single member❓

@mariasalmeron3277 2 года назад

It doesn't work for an LLC registered in Puerto Rico. Do you know one that provide this for PR LLC's?

@christinajones93 Год назад

What if you want to transfer your business in to a trust later

@tracylocke1364 Год назад

How can I Amend my LLC operating agreement. Thanks

@pamswayzer Год назад

Do I need to get a business address and business phone number before I open an business bank account?

@T444zhairfood 3 года назад

Question I am in GA as well.. Do I register my company via the Georgia corporation division 1st before I do this LLC you are talking about???

@LYFEAccounting 3 года назад

Hey, thanks for the question! So, when you are ready to setup your LLC, you would file your articles of incorporations with your operating agreement at the same time.

@T444zhairfood 3 года назад

@@LYFEAccounting Thank you for your respond.. I am stuck on how to select the right code that is not considered high risk business. 🤦🏾‍♀️

@chevonneoates4877 2 года назад

What if I am outside USA

@fgoldbuster Год назад

Do you consult?

@empowered_one 2 года назад

I have question? What if your partner back out, can you still put yourself down as the only member?

@LYFEAccounting 2 года назад

Yes, you can update the operating agreement.

@empowered_one 2 года назад

Thank you, for your response back, LYFE Accounting rocks!

@preciousdionna265 3 года назад

That link doesn’t work I filed it out twenty times but it keeps saying error couldn’t process try again.

@LYFEAccounting 3 года назад

Hey! It appears to be working on our end. Are you not able to load the page or are you are not able to complete your agreement?

@preciousdionna265 3 года назад

@@LYFEAccounting no I ended up having to pay 45 dollars for it which I believe was done on purpose but it’s cool

@KOSEPELA 2 года назад

Link is not free

@adonisogando4123 Год назад

Free template but you have to add a credit card 😂…. Well what he didn’t specify here. Is that you have to cancel within a month. No cancelation fee. So save into a cloud as a pdf and then cancel the membership asap.

@LYFEAccounting Год назад

Exactly what I would do if you don't need the membership!