Every limited liability company (LLC) should have an operating agreement. Whether you own a single-member LLC or you have several co-owners, your LLC’s operating agreement will describe details about the company’s ownership, management, and operations.
An operating agreement can prevent ownership disputes by clearly defining several important operational aspects of the company. You can always draft one yourself, but we prefer getting some professional assistance. On the other hand, hiring a lawyer provides unmatched expertise in creating your operating agreement, but it can be extremely expensive.
Our preferred option is using an operating agreement service. Incfile is one of the most popular companies for full-service LLC operating agreements due to its affordable pricing model and positive customer feedback. Let’s dig into the details of this service to find out if it’s the right one for you!
An Overview of LLC Operating Agreement Services
Some companies offer operating agreement templates that you can fill out yourself. Meanwhile, some competitors provide full-service LLC operating agreement services, presenting each customer with a complete, fully customized document.
If you still need to form your LLC as well, the options only get more intriguing, as there are several highly reputable companies that bundle LLC formation and operating agreement services together into money-saving bundles.
With Incfile, you have your choice of either having them create your custom LLC operating agreement as a standalone service, or you can bundle your operating agreement with a business formation package.
Incfile LLC Operating Agreement Service Review
Let’s quickly review its pros and cons before we dig into the details.
- Positive customer reviews
- Strong pricing model
- Free business formation service
- Hit-or-miss customer support
- Lots of add-ons and upsells
Incfile Custom LLC Operating Agreement Service Options
You can order your full-service custom LLC operating agreement from Incfile in two different ways. You can opt for a standalone operating agreement service purchase, or you can buy its combo pack that combines this service with the formation of your new LLC.
LLC Operating Agreement Service ($40): First up, let’s discuss the standalone operating agreement option. For just $40, Incfile will create your custom LLC operating agreement, which is the lowest price point we’re aware of, other than Swyft Filings’ $35 rate.
All you need to do is provide Incfile with some basic info about yourself and your LLC, and they’ll take care of the rest, creating your custom LLC operating agreement from start to finish.
LLC Formation Service w/ Operating Agreement ($149 + state fee): Your other option is to bundle your LLC operating agreement with the formation of your entity itself. For $149 (plus your state’s fee), Incfile will form your LLC and create your custom operating agreement. You will also receive one year of registered agent service, EIN acquisition, and more.
Overall Pricing and Value:
Incfile does a good job when it comes to providing sufficient value-per-dollar in its operating agreement service offering. If you’re interested in LLC formation service too, it has an even cheaper option than ordering the $149 Gold package outlined above.
Incfile’s Silver business formation package is free (other than your state’s fee) and includes a year of registered agent service. Choosing the Silver package and adding a custom operating agreement for $40 is $109 cheaper than buying the Gold plan!
Incfile has plenty of experience, as it has formed more than 800,000 business entities and currently serves as the registered agent for 250,000 companies. Even more impressive is its customer feedback reputation. Incfile has tens of thousands of customer reviews available online, and nearly all of them are positive in nature.
Incfile customers seem to appreciate its free business formation package and also compliment the company’s ease of use.
We are of two minds when it comes to Incfile’s customer support network. On one hand, Incfile’s phone support is rock-solid, with quick response times and helpful associates. On the other hand, its email support is less impressive, as they often don’t respond. On the rare occasions Incfile has responded to our emails, it’s almost always with a templated form response that doesn’t actually address our problem.
Ease of Use:
The entire point of using an operating agreement service is to make the process more convenient than it is to create your own, while also saving you money over hiring an attorney to create it.
Thankfully, Incfile’s LLC operating agreement service has an intuitive user interface that makes it simple to create the document you need. That said, as we’ll discuss in a moment, ordering a custom operating agreement as a standalone service isn’t entirely straightforward.
How Does Incfile Work?
The process of ordering LLC operating agreement service from Incfile can be a bit awkward, depending on whether you want LLC formation service or not. That’s because Incfile doesn’t have a separate service page on its website for LLC operating agreements.
In fact, the only way we discovered that Incfile offers custom operating agreements is that it’s an included service in the Gold LLC formation package, and listed as a possible add-on to the Silver package for $40.
For a detailed breakdown of how to use Incfile’s LLC formation service packages, take a look at our full review of this service. If you want to buy a custom operating agreement as a standalone purchase, you’ll need to contact Incfile’s customer support team.
What Are Incfile Customers Saying?
Incfile performs well in this category, as it has a large quantity of high-quality customer reviews. There are more than 40,000 reviews available on reputable third-party review websites for Incfile, and it still manages to maintain an impressive 4.8 out of 5 average score.
Obviously, it’s borderline impossible to read through all 40,000+ reviews but we were able to glean some general trends from this feedback. In short, Incfile’s customers appreciate the free business formation package, and also frequently praise the company’s ease of use.
Our Final Thoughts
Incfile is a popular choice for full-service LLC operating agreement services, and a good pick for bundled operating agreement and LLC formation service packages. Incfile has an affordable pricing model, and we always appreciate this company’s positive customer feedback.
If you want to take a look at Incfile’s competitors for custom LLC operating agreements or combo packs with business formation service, or you want to check out basic templates, our guide to the best LLC operating agreement services has the information you seek.