​Do I need an operating agreement if I'm the only owner of my LLC?

Indiana does not require a single member LLC to have a written operating agreement, but having one is recommended. This document establishes how your business is managed, who has decision making authority, and how finances and assets are handled. It also helps document the separation between you and your company, which can be important when dealing with banks, lenders, or legal matters. Our business formation attorneys can help prepare an operating agreement that reflects your business needs.