Forming an LLC with a co-founder in California requires a solid operating agreement. This guide helps co-founder pairs create a comprehensive LLC operating agreement tailored to California law, ensuring a strong foundation for your business in 2026.
A well-drafted operating agreement is crucial for co-founder pairs. It outlines ownership percentages, responsibilities, decision-making processes, and exit strategies. Without it, California law defaults, potentially leading to disagreements and legal complications. It's especially vital given California's complex regulatory environment and high business costs, including the $800 annual franchise tax.
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