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Why You Need a Partnership Agreement
When you form a partnership to run a small business, your partners will probably be family members, close friends, or business associates. You may think it’s unnecessary to enter into a formal agreement with people you know quite well. Experience proves otherwise. No matter how rosy things are at the
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By drafting a partnership agreement, you can structure your relationship with your partners pretty much however you want. You and your partners can establish the shares of profits (or losses) each partner will receive, what the responsibilities of each partner will be, what should happen to the partnership if a partner leaves, and how a number of other issues will be handled.
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Form a Partnership: The Complete Legal Guide
This book provides all the legal and practical information you need to form a business partnership, create a partnership agreement, and protect each person's interests.
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The Small Business Start-Up Kit: A Step-by-Step Legal Guide
Find all the information you need to start your business in this complete step-by-step guide.
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Software (CD or download) that includes partnership forms and more.