In order to be a viable Nevada Limited Liability Company (LLC) you need only file Articles of Organization with the Nevada Secretary of State. However, if there is more than one owner of the LLC, running your business without an Operating Agreement (OA) is like lying naked by your pool for the whole month of July without sunscreen. You are going to get hurt; ill; you may die; and you will surely regret it.
As a business owner, you are no doubt a planner. You plan for the start of your business. You plan for each expansion of your business. You plan when you are going to hire more staff or buy new equipment. But have you planned your exit strategy?