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so lets talk llc operating agreements this is probably one of the most boring topics that you could possibly think about when youre trying to set up your business and probably the last thing that you want to talk about is what an operating agreement is or what it does a lot of people have them simply because they think that theyre legally required and they typically are but a lot of people dont actually put a lot of effort into thinking about what might actually be required and what should be included in an operating program and for better for worse a lot of people just dont know any better and thats kind of the reason why i wanted to do this video so one of the most common issues that we see any type of partnership dispute is the lack of an operating agreement and the reason why thats so important is the operating agreement controls how the individual parties are supposed to interact with each other so its a contract that determines what your roles and responsibilities are and