The Sole Proprietorship Operating Agreement is a foundational document for individuals establishing or formalizing their sole proprietorship business in New Zealand. This document becomes essential when transitioning from an informal business structure to a more organized operation, requiring clear documentation of business practices and procedures. It addresses key aspects of business operations including financial management, risk mitigation, compliance requirements, and operational procedures, all within the context of New Zealand's legal framework. The agreement is particularly valuable for business owners seeking to establish professional credibility, secure business relationships, or prepare for future growth. While not legally required in New Zealand, this document provides crucial structure and clarity for business operations, risk management, and potential future business transitions.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Your data doesn't train Genie's AI
You keep IP ownership of your docs
1. Parties: Identifies the sole proprietor and any other parties to the agreement
2. Background: Provides context about the business establishment and purpose of the agreement
3. Definitions: Defines key terms used throughout the agreement
4. Business Details: Specifies business name, trading name, principal place of business, and nature of business activities
5. Ownership and Control: Confirms sole proprietorship structure and owner's complete control over business decisions
6. Capital and Financial Arrangements: Details initial capital investment, banking arrangements, and financial management procedures
7. Business Operations: Outlines day-to-day operational procedures, business hours, and service delivery standards
8. Financial Records and Reporting: Establishes requirements for maintaining financial records, accounting practices, and tax compliance
9. Risk Management: Addresses insurance requirements, risk mitigation strategies, and compliance obligations
10. Term and Termination: Specifies duration of the agreement and procedures for closing or selling the business
11. Governing Law: Confirms New Zealand law governs the agreement and jurisdiction for dispute resolution
1. Intellectual Property: Include when the business owns or develops significant intellectual property assets
2. Employment Provisions: Include when the business plans to hire employees
3. Premises Management: Include when the business operates from specific commercial premises
4. Succession Planning: Include when establishing procedures for business succession or transfer
5. Confidentiality: Include when the business handles sensitive information or trade secrets
6. Digital Assets and Online Presence: Include when the business has significant online operations or digital assets
7. Environmental Compliance: Include when the business activities have environmental impacts or requirements
1. Schedule 1: Business Assets: Detailed inventory of business assets and their values
2. Schedule 2: Operating Procedures: Detailed operational procedures and policies
3. Schedule 3: Insurance Requirements: Specific insurance policies and coverage requirements
4. Schedule 4: Key Business Contacts: List of important business contacts, suppliers, and service providers
5. Appendix A: Business Licenses and Permits: Copies or details of required licenses and permits
6. Appendix B: Financial Projections: Initial business plan and financial forecasts
7. Appendix C: Forms and Templates: Standard business forms and document templates
Find the exact document you need
Standard Operating Agreement
A New Zealand-governed agreement establishing operational terms and procedures between business parties, defining service delivery and performance requirements.
Download
Member Managed LLC Agreement
A New Zealand-governed agreement establishing the structure and operations of a member-managed limited liability company, defining member rights and management responsibilities.
Download
Standard Operating Agreement For LLC
A legal document establishing governance and operational procedures for Limited Liability Companies under New Zealand law.
Download
LLC Business PartnershIP Agreement
A New Zealand-compliant agreement establishing the terms and conditions for partners operating a Limited Liability Company, including ownership, management, and operational guidelines.
Download
Standard LLC Agreement
A New Zealand-compliant agreement establishing the governance structure and operational framework for a Limited Liability Company under NZ law.
Download
Operating Service Agreement
A New Zealand-governed agreement establishing terms for operational service delivery between provider and customer, including service specifications, standards, and compliance requirements.
Download
Management Agreement Between Two Companies
A New Zealand-governed agreement establishing terms for management services provision between two companies.
Download
Limited Liability Agreement
A New Zealand-compliant agreement that establishes and limits liability between contracting parties, defining liability caps, exclusions, and risk allocation.
Download
Joint Operating Agreement
A New Zealand-governed agreement establishing the framework for joint operations between multiple parties, detailing rights, obligations, and management procedures for shared business ventures.
Download
Holding Company Operating Agreement
A New Zealand-governed agreement establishing the operational and governance framework for a holding company and its subsidiaries.
Download
LLC Holding Company Operating Agreement
A comprehensive operating agreement for holding companies in New Zealand, establishing governance structure and operational framework under NZ law.
Download
Single Owner LLC Operating Agreement
A New Zealand-governed operating agreement establishing the framework and rules for a single-member Limited Liability Company.
Download
Limited Liability Company Operating Agreement
A New Zealand-governed agreement establishing the operational framework and member relationships for a limited liability company.
Download
Operating Agreement For Member Managed Limited Liability Company
A New Zealand-governed agreement establishing the operational framework and member relationships for a member-managed Limited Liability Company.
Download
Sole Proprietorship Operating Agreement
A legal framework document for sole proprietorship businesses in New Zealand, outlining operational procedures and compliance requirements under New Zealand law.
Download
Member Managed LLC Operating Agreement
A New Zealand-compliant legal agreement establishing the governance structure and operational framework for a member-managed Limited Liability Company.
Download
Partnership Operating Agreement
A New Zealand-compliant legal agreement establishing the terms, conditions, and governance structure for operating a partnership business.
Download
ұԾ’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; ұԾ’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it
.png)