If you`re starting a business with partners, it`s important to have an operating agreement in place. This document outlines how your company will operate, including ownership percentages, member responsibilities, and dispute resolution procedures. LegalZoom offers a variety of operating agreement forms, making it easy to create a customized agreement that suits your business needs.

One of the advantages of using LegalZoom is the convenience and ease of use. Instead of hiring an expensive attorney to draft an operating agreement from scratch, you can simply fill out a questionnaire and LegalZoom will generate a tailored agreement for you. With a few clicks of a button, you can have a legally binding document that protects your business interests and keeps you and your partners on the same page.

LegalZoom offers several different types of operating agreement forms, depending on your business structure and needs. For example, if you`re starting an LLC, you can choose between a single-member operating agreement, a multi-member operating agreement, or an amendment to an existing operating agreement. LegalZoom also offers operating agreement forms for partnerships and corporations.

The LegalZoom operating agreement forms are customizable, so you can add or remove clauses as needed. For example, if you want to include a non-compete clause to prevent your partners from starting a competing business, you can easily add that language to the agreement. You can also specify how profits and losses will be distributed among members, how decisions will be made, and what happens if a member wants to leave the business.

Another advantage of using LegalZoom is the cost savings. Hiring an attorney to draft an operating agreement can cost thousands of dollars, whereas LegalZoom`s operating agreement forms start at just $39. By using LegalZoom, you can create a professional, legally binding document without breaking the bank.

In summary, if you`re starting a business with partners, it`s important to have an operating agreement in place to ensure that everyone is on the same page and that your interests are protected. LegalZoom offers a variety of operating agreement forms that are convenient, customizable, and affordable. By using LegalZoom, you can create a professional, legally binding agreement that meets your business needs and gives you peace of mind.