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Single Member LLC Operating Agreement contract template

Single Member LLC Operating Agreement Template

$597.00 - $597.00
$597.00
$597.00 - $597.00
$597.00

An LLC operating agreement is a smart move, even if you’re in business by yourself. An LLC operating agreement reinforces a separation between your personal assets and business assets. This protects your personal money from potential claims against your business.

Some states require an LLC Operating Agreement for single-member LLCs. But even if your state doesn't require it, it's a helpful tool! 

An Operating Agreement goes beyond the basic paperwork used for filing your LLC. Think of it as your business’s blueprint—it gives you structure while allowing flexibility to fit your LLC’s unique needs. It helps you get clear and organized on your business operations. 

This Single-Member LLC Operating Agreement Template Covers Situations Like

- The formation and purpose of your LLC
- How you handle books, records, and tax returns
- Which bank accounts are attached to your business
- How you’ll handle any potential legal disputes

This Single-Member LLC Operating Agreement Template Is Best Suited For

This legal document is for any solo LLC owner who wants to get organized and legally legit! 

(If you have a partnership or multi-member LLC, we highly recommend our Multi-Member LLC Operating Agreement Template instead.)

An LLC operating agreement is a smart move, even if you’re in business by yourself. An LLC operating agreement reinforces a separation between your personal assets and business assets. This protects your personal money from potential claims against your business.

Some states require an LLC Operating Agreement for single-member LLCs. But even if your state doesn't require it, it's a helpful tool! 

An Operating Agreement goes beyond the basic paperwork used for filing your LLC. Think of it as your business’s blueprint—it gives you structure while allowing flexibility to fit your LLC’s unique needs. It helps you get clear and organized on your business operations. 

This Single-Member LLC Operating Agreement Template Covers Situations Like

- The formation and purpose of your LLC
- How you handle books, records, and tax returns
- Which bank accounts are attached to your business
- How you’ll handle any potential legal disputes

This Single-Member LLC Operating Agreement Template Is Best Suited For

This legal document is for any solo LLC owner who wants to get organized and legally legit! 

(If you have a partnership or multi-member LLC, we highly recommend our Multi-Member LLC Operating Agreement Template instead.)

Single Member LLC Operating Agreement Template
Single Member LLC Operating Agreement Template

$597.00

Clauses Included

- Names of Parties to Agreement: Identifies members to clarify who is entering into the contract.

- Definitions of the Terms: Clarifies key terms in the operating agreement.

- Name and Principal Place of Business Clause: Details the name of the business and the principal place of business.

- Formation Clause: Identifies where the company is formed and the date.

- Purpose Clause: Details the purpose of the company.

- Term Clause: Clarifies how long the business will continue.

- Membership Shares Clause: identifies that the member owns the company .

- Member Capital Contribution Clause: Identifies the member's contribution and contribution value.

- Distributions Clause: Clarifies how the member will receive distributions.

- Books, Records and Tax Returns Clause: Ensures proper books will be kept.

- Bank Accounts Clause: Identifies where funds will be deposited.

- Management of the Company Clause: Details that the member is the sole manager of the company, how new members can be admitted into the company, and what happens if a member leaves.

- Dissolution and Liquidation Clause: Identifies the steps taken when a company dissolves.

- Notices Clause: Identifies where notices will be sent in relation to the operating agreement.

- Venue & Jurisdiction Clause: Specifies the legal venue and interpretation of law for any disputes or claims.

- Amendments Clause: Details that the agreement cannot be changed without the consent of the member.

- Indemnification Clause: Protects you from third-party legal liabilities and claims.

- Headings Clause: States that headings are for organization, not legal interpretation.

- Entire Agreement Clause: Confirms this contract is the full and complete agreement between the parties.

- Counterparts & Facsimile Signatures Clause: Allows for electronic signatures to deem the contract valid.

Disclaimer

DISCLAIMER: By purchasing a template contract and/or document from The Legal Paige, LLC, you are not given access to Paige, and no attorney-client relationship is created.

All template documents are drafted using general U.S. contract principles and are not state-specific. Our products are easy to use and have highlighted, editable sections with commentary on what to amend according to your business practices and local and state laws. You may modify the document on your own or find an attorney in your state to help you.

Some template documents are available in Canada, have been reviewed by a Canadian lawyer, and are drafted using general Canadian common law contract principles (not for use in Quebec due to civil law jurisdiction). Thus, if you purchase a Canadian template all language in the document will be applicable to your business operating in Canada. If you need assistance modifying the document, please find a lawyer in your territory/province to help you.

You’re getting a whole lot more than a legally legit contract!

What’s Included Us Others
Lawyer-Drafted Contract Template (editable DOC + PDF file)
You receive a customizable .docx file and a PDF of the original attorney-drafted contract with Paige’s legal notes!
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Free Future Contract Updates
Value $500
As laws shift and industry standards evolve, we revise our contracts. You’ll automatically receive every update at no additional cost.
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How to Respond to Contract Questions - 15 Free Email Templates
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Plug‑and‑play email templates for sticky client situations—rescheduling, cancellations, late payments, scope creep, and more.
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How to Use Your Contract Video Tutorial by Paige
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A full video walkthrough on how to customize, modify, and use your contract in your business correctly from day one.
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Easy-to-Understand Clause Explanations by Paige
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Paige walks through the sections you'll see in your contract so you can actually understand your own agreement and explain it confidently to clients.
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Complete Guide to Sending Contracts & Adding/Changing Services
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A practical guide on how to send contracts, add or change services without a new agreement, and set up retainers correctly.
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How Our Contracts Work

From instant download to final delivery, here’s how you can personalize and put your attorney-drafted contract to work in just minutes

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Frequently Asked Questions

Can I edit this contract to fit my business needs?

Yes! Each TLP contract template is designed with detailed guides, comments, and yellow highlights offering suggestions and direction on how to customize the template to fit your unique business needs.

Additionally, every product includes:

A video tutorial from Paige walking you through the step-by-step customization process.
Tips throughout the contract template from a lawyer’s perspective on how to tailor it specifically to YOUR business.
Free updates from The Legal Paige to ensure your contract stays current with legal trends.
With these resources, modifying your contract is simple, stress-free, and sets you up to be legally legit!

Is this contract legally binding?

Yes, they are legally binding! Our template contracts are designed to work in all U.S. states. They are drafted with language that aligns with general and common contract laws across the United States. However, The Legal Paige® disclaims having your specific contract reviewed by an attorney in your state to ensure full compliance with local laws.

Please note that all of our contracts, unless otherwise noted, are U.S. based and not suitable for use outside the U.S. (If you reside in the U.S., you are considered U.S.-based). If you are located outside of the U.S. or Canada, we advise consulting a licensed lawyer/esquire/barrister in your country to review the contracts, as the language will need to be modified to comply with your country’s contract laws.

For Canadian business owners, we offer select contracts that have been reviewed in partnership with a Canadian lawyer to ensure their suitability! You can find these contracts HERE. (These contracts are not suitable for Quebec-based businesses).

How will I receive the contract after purchase?

You’ll receive a .zip folder with a 5-download limit. This folder includes a PDF, two Word document files, and additional information with side comments to help you easily customize your contract, short form or clause. We recommend downloading the .zip folder on a desktop, as mobile devices often have trouble opening zipped files properly.

Can I reuse this contract for multiple clients?

Yes! That’s exactly what makes TLP contracts so valuable. Once you purchase a template, you can use it again and again with every client you book—no need to pay thousands for a custom contract each time.

Will I receive updates if the law changes?

Yes, you'll receive contract updates via email from The Legal Paige®! The date it was last updated will appear at the top of the document’s first page in red!

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