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Operating Agreement XYZ LLC Regular, a Wisconsin Limited  Form

Operating Agreement XYZ LLC Regular, a Wisconsin Limited Form

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just operating in your own name an LLC protects your personal assets separate from your business assets so you've set up your LLC online at the state that you reside and operate your business out of but is there something else you should do to really make sure that your LLC is viewed as a business and that you get the most protections from that legal form and the answer is yes beside doing things like having separate business Financial accounts you want to make sure that you have an LLC operating agreement what the operating agreement does is it sets out the important terms the rules of the road for your business such as who the members of the LLC are can you add additional members what your maximum liability is to the business does the business indemnify or protect you if you take an action on behalf of the business

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