Because a $400/hour lawyer shouldn’t be the only way to stay protected.
Contracts written by attorneys are expensive, and most women-of-color founders can’t afford that level of access. The result? Too many entrepreneurs form LLCs without an operating agreement—leaving ownership, money, and decision-making wide open for confusion and conflict. This LLC Operating Agreement Template was created to close that gap. It’s written in plain language, fully editable in Word, and shaped by real disputes I’ve personally experienced—so you can avoid those same issues.
People don’t always respect minority-owned and women-owned businesses the way they respect larger companies. This agreement helps shift that dynamic by showing lenders, partners, and investors that your business is structured, protected, and built to scale.
What Makes It Different
• Crafted with legal insight and lived experience, using clauses inspired by real conflicts
• 100% customizable—edit in Word, print, upload to DocuSign, or integrate into your onboarding workflow
• Instant access with lifetime use—download immediately and reuse whenever needed
• Comprehensive but clear—covering ownership, money, roles, and exit terms without complex legal jargon
What’s Inside
• Ownership structure and member roles with clearly defined responsibilities
• Profit and loss distribution rules for financial transparency and fairness
• Management structure—member-managed or manager-managed
• Dispute resolution processes to prevent and resolve conflicts
• Buyout, withdrawal, and dissolution terms for clean exits and transitions
Why You Need It
• Prevents misunderstandings about ownership, money, and authority
• Protects every member from future disputes and liability risks
• Strengthens funding applications by showing a formal, credible business structure
• Builds legitimacy—showing your business is organized, compliant, and ready to grow
• Adaptable across all states and ideal for both single-member and multi-member LLCs
Use It For
Single-member LLCs, multi-member LLCs, partnerships transitioning into an LLC, startups seeking funding, or any entrepreneur who needs a legally binding operating agreement
How It Works
• Purchase and download instantly
• Open in Word to edit your business details and ownership terms
• Print, sign, or upload to digital platforms like DocuSign
• Store securely or submit to banks, lenders, or investors when needed
This is your contract, your protection, your peace of mind—ready in minutes.
Legal Disclaimer
These templates are for educational and informational purposes only and do not constitute legal advice. OVIDIA. is not a law firm, and purchasing or using these templates does not create an attorney–client relationship. Each contract is fully customizable and should be reviewed for your specific business needs. For questions about your particular situation, consult a licensed attorney in your jurisdiction.