What is it?

The Joint Venture Agreement is a contract for friends/colleagues creating a program or product together - but who aren’t ready to co-own an LLC.

It lays out clear terms for working together without forming a new company.

A joint venture is like “dating” to test the waters to see if you’re well-suited - before you “get married” with an LLC (which is harder to exit if it doesn't work out).

Important Note: In certain situations, you might want to form an LLC right from the start - so talk with a lawyer like me before you dive into creating a “partnership” with someone else.

Who needs it?

Any biz owner who wants to work with another professional to create something together like a course, program, or product, including:

• Coaches (all kinds)
• Functional wellness practitioners
• Licensed medical practitioners
• Spiritual healers, psychics, mediums
• Creatives

With a Joint Venture Agreement, you’re free to move forward with clear rules for communication, expenses, income and content/IP ownership with your JV partner.

Client Love

Why do you need it?

Your Joint Venture Agreement helps you:

• Test the waters first - it allows you to collaborate on a specific project or offer without committing to a long-term business structure, which is perfect for seeing how you work together before going all in.
• Create clarity around roles + revenue - it spells out who’s doing what, how income + expenses will be split, and what happens if one person wants to walk away - without the legal complexity of an LLC.
• Have less complexity + lower cost than forming an LLC - it’s a written agreement so it’s simpler and less expensive than setting up an LLC, which requires state filings, fees, and ongoing maintenance.
• Define the scope + timeframe - it’s perfect for a single project, launch, or short-term collaboration OR for experimental partnerships before you’re ready to take the leap to forming an LLC.
• Retain separate businesses - it lets each of you maintain your own separate business entity + finances, while coming together just for the joint offer.
• Provide a loving container to hold your joint venture relationship + support your sacral chakra.

Legal Love™ Tip: It’s not just a contract—it’s a gift. To you. To your friend/colleague. To your businesses.

What’s included in the DIY package?

• Joint Venture Agreement Template

• Easy-to-edit doc.
• Fill in the blank format you can use right away.
• Plain English - no confusing legalese. 
• Created with care + Legal Love™.