Create Your Operating Agreement With Confidence
Compare top operating agreement services to find the best fit for your business
Staff Writer
Arorix Editorial Team
Updated: June 14, 2025, 5:29pm
9.8
EXCELLENT
Bizee – Free Operating Agreement With LLC or Corporation Filing
- Free with LLC filing package
- Includes a customizable operating agreement template with state-specific language
- Best for budget-conscious entrepreneurs who want essential compliance docs included
- $39 LLC formation package includes operating agreement and 1-year registered agent service
- Emphasizes privacy with no data sales and provides personalized customer support
- Best for entrepreneurs seeking a straightforward, privacy-focused service with comprehensive features
3
8.5
ZenBusiness – Operating Agreement + Compliance Protection in One
- Included in $199/year Pro Plan with additional compliance tools
- Automatically updates templates as laws change
- Best for business owners who want long-term support and peace of mind
- Included in $199 Elite Plan or available as add-on
- Combines brand identity tools with legal formation
- Best for entrepreneurs focused on branding and structure in one place
5
7.8
LegalZoom – Legal-Reviewed Operating Agreements You Can Customize
- Standalone purchase for $99
- Reviewed by attorneys with the option to consult a legal advisor
- Best for first-time business owners who want legal backing without hiring a firm
- Included in Deluxe and Complete formation packages ($149+)
- Fast turnaround with compliance alerts and customer service access
- Best for business owners who want filing and internal documents in one streamlined setup
1
Best for Free Compliance Docs
- $0 (with LLC filing)
- Custom operating agreement
- State-specific templates
9.8
- $39 (w/ LLC package)
- Operating agreement + RA
- No data sales, direct support
3
Best for Ongoing Compliance
- $199/year Pro plan
- Auto-updating agreement
- Compliance tools included
8.5
- $199 Elite plan or add-on
- Operating agreement + EIN
- Brand builder + legal setup
5
Best for Legal Review Access
- $99 standalone
- Attorney-reviewed templates
- Legal advisor add-on optional
7.8
EXCELLENT
- Part of Deluxe/Complete plans
- Quick delivery + doc filing
- Legal docs prepared in-house
8.8
Looking for a Complete All-in-One Solution?
Best Overall Business Launch Solution
- EIN, docs, & custom branding included
- Access to Arorix OSâ„¢ business dashboard
- Website, CRM, and automation tools built-in
9.9
What is an Operating Agreement?
An Operating Agreement is a legally binding document that outlines the ownership structure, responsibilities, and operational rules of a Limited Liability Company (LLC). While not required in all states, it is highly recommended for all LLCs—especially those with multiple members. It protects the LLC’s limited liability status, reduces the risk of internal disputes, and can provide legitimacy when dealing with banks, investors, or state agencies.
Operating Agreements and Taxes
While an operating agreement doesn’t directly affect taxes, it can indirectly impact how profits are distributed and how taxes are handled internally. For example:
Single-member LLCs usually report income on the owner’s personal tax return.
Multi-member LLCs need clarity on profit-sharing, loss distribution, and capital contributions—all of which should be documented in an operating agreement to prevent confusion during tax season.
Operating Agreement Filing Fees and Costs
Included with Formation Packages (Most Affordable)
Many LLC formation services include an Operating Agreement at no extra cost when bundled with their formation packages:
- Bizee: $0 + state fees – Operating Agreement included in free LLC formation
- Northwest Registered Agent: $39 + state fees – Includes customized agreement
- CorpNet: Included in $149+ packages
Standalone Purchase (Moderately Priced)
If you already formed your LLC and just need an Operating Agreement:
- LegalZoom: $99 flat fee for a stand-alone Operating Agreement
- Tailor Brands: Available in the $199 Elite Plan or as an add-on
- ZenBusiness: Included in their $199/year Pro Plan
Standalone options are ideal if you didn’t get an Operating Agreement at the time of formation, but you’ll pay more than bundling it upfront.
Attorney-Drafted Agreements (Highest Cost)
Hiring an attorney to draft a custom Operating Agreement typically costs:
$500–$2,000+, depending on complexity and your state
This route may be necessary for high-value, multi-member LLCs or those with complex ownership arrangements—but it’s overkill for most small businesses and startups.
Tip: You do not need to file your Operating Agreement with your state, but you should store signed copies securely and make sure all LLC members have access to it. You may need to show it to banks, investors, or government agencies in the future.
Top Features to Take Advantage Of
- Editable Templates: Customize your agreement for single or multi-member LLCs
- Legal Review: Some services offer optional attorney consultations
- Compliance Reminders: Stay aligned with evolving state laws
- Bundled Formation: Save money when bundled with LLC formation packages
- Brand + Legal Tools (Tailor Brands): Ideal for entrepreneurs building their identity and structure at once
Why Entrepreneurs Use Operating Agreements
- Defines Ownership and Roles: Avoids disputes and ensures clarity
- Protects Liability Shield: Shows your business operates as a separate entity
- Essential for Multi-Member LLCs: Outlines profit distribution and voting rights
- Often Required by Banks: For opening a business account or applying for financing
Common Mistakes to Avoid
- Skipping the Agreement Entirely: Even single-member LLCs should document operations
- Using Generic Templates: State laws vary—ensure language matches your jurisdiction
- Not Updating It Over Time: Business structure and members change; so should the agreement
- Failing to Store It Securely: You may need to produce it for banks, courts, or partners
Frequently Asked Questions (FAQs)
Is an operating agreement required by law?
Not in all states, but it’s highly recommended to avoid internal disputes and reinforce your LLC’s legal protection.
Can I write my own operating agreement?
Yes, but it must comply with state requirements and clearly define key terms. Templates from trusted providers ensure you’re covered.
Do single-member LLCs need an operating agreement?
Yes. It proves your business is separate from you personally, which can help protect your liability status and assist in banking and legal matters.