Do I actually need an operating agreement for a single-member LLC?

I publish illustrative scenarios prepared by my practice. All participants and conversations are fictional. The fictional posts are not posts by real users, accounts of client experiences, or reports of actual results.

Illustrative scenario prepared by my practice.

For informational purposes only. State laws vary on this.

Hypothetical question

Just formed my LLC in Florida. It's just me (single-member). The state didn't ask for an operating agreement when I filed.

Do I actually need one? Seems weird to have a contract with myself.

Illustrative response

Wow, didn't expect this thread to keep going. The S-corp thing is interesting - definitely not there yet revenue-wise but good to know for the future.

Updated my operating agreement to include a section on adding members since I might bring on a technical co-founder. Thanks for all the info everyone.

Do I actually need an operating agreement for a single-member LLC?

Related Resources