A single member LLC operating agreement template has fewer blanks than a multi-member one, because there is nobody to share with, no vote to count and no dilution to work. What it still records is the thing the single owner formed the company for: the line between the company's money and their own. The capital account is that line, and the template's numbers are the contribution that opened it, the draws that reduce it and the set-aside the owner keeps for tax. This page walks what a single-member template records, works an example through a year, and points at the free single-member worksheet on this site that does the same from your figures. It publishes no clause text and no rule about whether your state requires the document.
The capital account is the whole document
In a one-member company the operating agreement's arithmetic collapses to a single running figure: the capital account. It opens with the contribution, rises with profit left in the company and falls with every draw the owner takes. A template with a blank for the contribution and a blank for the draws is asking for that account, and the free worksheet on this site carries it through the year: contribution in, profit in, draws out, balance at the end, from the owner's own figures and nothing else.
Draws and the tax set-aside, worked in the same place
A single member is taxed on the company's profit whether or not they draw it, so most owners keep a set-aside before they take anything. The worksheet takes the set-aside as a percentage the owner chooses, applies it to the profit entered, and shows what is left to draw without touching the reserve. It decides nothing about what the percentage should be and publishes no rate; the set-aside is the owner's own figure, and the page simply works it consistently.
Why a template's blanks should agree with each other
The failure mode of a filled-in template is not a wrong clause but a set of numbers that disagree: a contribution in one clause, a capital account in another, and draws recorded nowhere. Working them in one place means the balance the owner shows the bank, the accountant or a future co-member is the same balance the agreement records. LLC Lane Pro keeps that account against the company year on year; the free worksheet works one year at a time with no account at all.
What this page leaves to the state and the attorney
Whether a single-member company must have a written agreement, what a template must say for the state it is formed in, and whether a particular clause protects the owner are questions for the state's filing office and for counsel. This site publishes none of that. It publishes the arithmetic a single-member template records and works it from the owner's own inputs, free, so the numbers in the blanks are right before the wording is chosen.
Questions people ask about single member llc operating agreement template
Is there a free single member LLC operating agreement template on this site?
There is a free single-member worksheet, not a template with clause text. Enter the opening contribution, the year's profit, your draws and the tax set-aside you keep, and it works the capital account through the year on the page with no account.
What is a sample operating agreement for a single member LLC?
A short document: the member and their contribution, the company's purpose and management by that member, how profit is retained or drawn, what happens on the member's death or transfer, and signatures. The numbers in it are the capital account's, which the worksheet works.
Do I need a single member operating agreement at all?
That depends on your state and your circumstances, and this site does not answer it. What every single owner benefits from is a capital account kept apart from personal money, and the worksheet works that whether or not a document is signed.