LLC Operating Agreement Generator — Single or Multi-Member
Assemble a basic single- or multi-member LLC operating agreement from your company and member details — member- or manager-managed. Not legal advice.
About LLC Operating Agreement Generator
An LLC operating agreement generator is a tool that assembles a basic operating agreement for a single-member or multi-member limited liability company from the company details and member list you provide — names, ownership percentages, and capital contributions — for either a member-managed or manager-managed structure. The document sets out how the LLC is owned, who runs it, how profits and losses are allocated, and how decisions are made. Everything is generated in your browser and nothing is uploaded. Crucially, this is a general template, not legal advice: LLC law is state-specific, formation and required provisions differ by state, and any important agreement should be drafted or reviewed by a licensed attorney before you sign it.
Use cases
- Set expectations among co-founders early. When two or more people start an LLC, unwritten assumptions about ownership, money, and control cause disputes later. Drafting an agreement forces you to state each member’s ownership percentage, capital contribution, and role in writing while everyone is still aligned. The generated document gives co-founders a concrete draft to discuss and then take to an attorney, rather than starting that hard conversation from a blank page.
- Give a single-member LLC a formal record. Even a one-owner LLC benefits from an operating agreement — some banks ask for one, and it helps reinforce the separation between you and the business that limited liability depends on. The template produces a straightforward single-member agreement documenting ownership and management, which you can review with a professional and keep with your company records for whenever it is needed.
- Choose between member- and manager-managed. The agreement captures a fundamental decision: will the members run the company day to day, or will they appoint a manager? Selecting member-managed or manager-managed changes who has authority to act for the LLC. The generator produces the matching language so the choice is documented, though the real-world consequences of each structure are worth discussing with an advisor first.
- Prepare a draft before paying for legal review. Attorney time is expensive, so arriving with a structured draft that already lists members, percentages, and contributions can make a review faster and cheaper than starting from scratch. Use the generated agreement as a first draft that captures your intentions, then let a licensed attorney adapt it to your state’s law and your specific situation before anyone signs.
- Document capital contributions and ownership splits. Recording who put in what, and what share each member owns, is one of the most important things an agreement does. Entering each member’s contribution and percentage produces a clear ownership picture in the document, reducing the chance of a later disagreement about who owns how much — though the figures themselves must reflect your real, agreed arrangement.
How it works
- Enter the company details. Provide the LLC name, its state of formation, principal address, and formation date so the agreement identifies the company correctly.
- Choose the management structure. Select member-managed or manager-managed; this sets who has authority to run the company and act on its behalf.
- Add each member. List every member with their name, ownership percentage, and capital contribution; the percentages should total 100%.
- Set profit and voting terms. Confirm how profits, losses, and voting rights follow ownership, or note any custom split you have agreed among members.
- Generate and review with an attorney. The tool assembles the agreement for signing, but have a licensed attorney review it against your state’s requirements first.
Examples
Input: Single-member LLC, member-managed, one owner at 100%
Output: Basic single-member operating agreement naming the sole owner
Documents ownership and management for a one-person LLC.
Input: Two members at 60/40, member-managed
Output: Multi-member agreement with a 60/40 ownership and profit split
Voting and profit allocation follow the stated percentages unless you change them.
Input: Three members, manager-managed, one appointed manager
Output: Agreement giving the named manager authority to run the LLC
Members keep ownership while day-to-day control sits with the manager.
Frequently asked questions
Is this a legally binding agreement?
The generated document is a general template. Whether it is enforceable depends on your state’s law, correct execution, and whether its terms fit your situation. Have a licensed attorney review it before relying on it as binding.
Do I even need an operating agreement?
Some states require one and others do not, but having one is strongly recommended even for single-member LLCs. It documents ownership and management and helps preserve the liability separation between you and the business. Check your state’s rules.
What is the difference between member-managed and manager-managed?
In a member-managed LLC the owners run the company directly. In a manager-managed LLC the members appoint one or more managers to handle daily operations while retaining ownership. The right choice depends on how involved each owner wants to be.
Is this legal advice?
No. This is a general template, not legal advice, and using it does not create an attorney-client relationship. LLC law varies by state, so consult a licensed attorney for anything important or specific to your circumstances.
Why does the state matter so much?
LLCs are formed under state law, so formation steps, required provisions, default rules, and filing obligations differ from state to state. A template cannot capture every state’s requirements, which is exactly why attorney review is important.
Can ownership percentages differ from contributions?
Yes. Members can agree to any ownership split they choose, and it need not match capital contributions exactly. Whatever you agree should be stated clearly, and an attorney can help ensure the arrangement is documented properly.
Is my company and member data private?
Yes. The agreement is assembled entirely in your browser; the names, percentages, and other details you enter are not uploaded or stored on any server.
Pro tips
- Make sure all member ownership percentages add up to exactly 100% before generating.
- Keep a signed copy with your LLC records and give each member their own copy.
- Revisit the agreement whenever a member joins, leaves, or contributions change.
- Have a licensed attorney review the draft against your state’s LLC statute before signing.
- Do not treat this template as a replacement for filing your articles of organization with the state.
Reviewed by Ahsan Mahmood · Last updated 2026-07-08 · Part of ZTools.
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