The Does My LLC Need an Operating Agreement? Quiz helps business owners decide whether their LLC requires an operating agreement. While not all states mandate an operating agreement, having one can clarify ownership roles, management responsibilities, and operational procedures, even in single-member LLCs. The quiz asks about the company’s structure, number of owners, and future plans, offering personalized advice on whether an agreement is necessary. This tool is critical because a well-drafted operating agreement can prevent conflicts and protect the business from legal issues, providing clarity and reducing risks for all involved parties.