GET THE COMPLETE OPERATING AGREEMENT CHECKLIST
Your LLC Is Only as Strong as Your Operating Agreement
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"Here's the truth most entrepreneurs don't hear until it's too late: filing your LLC paperwork does not protect you. The operating agreement is what actually defines your rights, protects your personal assets, and determines whether your LLC holds up in court. If it's missing from this checklist, it's a gap in your protection."
Karam Nahas, Esq.
What You'll Get Inside:
✓ Know exactly what provisions your operating agreement must contain to actually protect your personal assets
✓ Identify dangerous gaps in your current operating agreement before a lawsuit or dispute exposes them
✓ Understand how each provision works so you can customize your agreement for your specific situation
AS SEEN IN:
“A revolutionary framework giving small business owners the same protection once reserved for billion-dollar corporations.”
— Yahoo! Finance
Why Most Operating Agreements Fail
Filing paperwork is not protection.
Most entrepreneurs think their LLC protects them because they filed with the state. Wrong. The operating agreement is what actually defines your rights and determines whether your LLC holds up in court.
Generic templates leave dangerous gaps.
That free template you downloaded? It's missing critical provisions. And every missing provision is a gap in your protection — a place where your personal assets become vulnerable. Not a good way to start your business.
You don't know what you don't know.
How can you fix what's missing if you don't know what's supposed to be there? This checklist shows you every provision your operating agreement needs — so you can finally see where you're exposed.
How to Use This Checklist
Print this checklist and pull up your current operating agreement — or use it as your blueprint if you don't have one yet. This is not a document to skim.
Work Through Each Section
Go through each category methodically: formation basics, ownership structure, management authority, capital contributions, profit allocation, distributions, voting rights, transfer restrictions, dissolution, and protective provisions.
Check What You Have. Circle What's Missing.
Compare each provision against your current operating agreement. Check off what's covered. Circle what's missing. Any gap you find is a vulnerability — a place where your protection could fail.
Fix the Gaps Before They're Exposed
Every unchecked box is a gap in your protection. Use this checklist to identify what needs to be added or fixed — before a lawsuit, audit, or partnership dispute exposes it for you. You can get one from me if you need.
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The Complete Operating Agreement Checklist - FREE
Filing LLC paperwork is the easy part. The operating agreement is what actually protects you — and most entrepreneurs either don't have one or have one full of dangerous gaps. This comprehensive checklist covers every provision your operating agreement should contain: formation and basic information, member ownership and percentages, management structure and authority, capital contributions and additional funding, profit and loss allocation, distribution policies and timing, voting rights and major decisions, transfer restrictions and buyout procedures, dissolution and wind-up provisions, and protective clauses like indemnification and limitation of liability. Use this checklist to audit your existing operating agreement or as your requirements blueprint before you create one. Every unchecked box is a gap in your protection. What's Included: Complete operating agreement provision checklist organized by category Formation and basic information requirements Ownership structure and membership interest provisions Management authority framework (member-managed vs. manager-managed) Capital contribution and additional funding provisions Profit/loss allocation and distribution requirements Voting rights and major decision thresholds Transfer restrictions and right of first refusal provisions Buyout procedures and valuation methods Dissolution and wind-up requirements Protective provisions (indemnification, limitation of liability, dispute resolution) Gap identification framework to find vulnerabilities
Free
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