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The text emphasizes that the information provided is for educational purposes only and should not be taken as legal, tax, or financial advice. It stresses the importance of consulting with professionals for specific business needs. An Operating Agreement is described as an internal document for LLC members that outlines how the LLC will be managed financially and operationally. It does not need to be submitted to the state and should be kept with business records. The Agreement defines membership ownership percentages and outlines how the LLC is managed.