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Use our single-member LLC operating agreement template if your LLC has only one owner. Download a free PDF or Word template here.Sole proprietorship refers to a single person with total control over a business, also known as a singlemember LLC. Making a Single Member LLC Operating Agreement online is simple. Just answer a few questions, and Rocket Lawyer will build your document for you. No. You don't need to create an operating agreement as part of the LLC formation process. An LLC operating agreement refers to a legal document that details an LLC's establishment, size, policies, procedures, members' roles, and other aspects. A limited liability company is a type of business structure that offers many benefits to business owners and members. If electing S Corporation tax treatment, IRS Form 2553 must be completed. CorpNet can handle this paperwork, as well.