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In this video tutorial, the speaker discusses the importance of writing an LLC operating agreement while providing a step-by-step guide on how to do so. An operating agreement is a legally binding document that outlines the rights and responsibilities of the members of the LLC and how the business will operate. While some states may not require an operating agreement, it is highly recommended to have one in place. It is important to note that this is not legal advice and one should consult an attorney to review the operating agreement.