When going into partnership a written agreement is imperative. This is the professional way to avoid problems and disagreements in the future. The law implements a standard when the terms of the partnership are not agreed. This may not be what you want and if problems do arise, you will want to be able to prove what you and your partners had agreed in advance.
Business is about agreements and understandings and the more you have in writing the more secure your business is. A partnership agreement will cover a variety of points, including:
- Split of profits and losses
- Duties of partners
- Whether they may run or have other businesses
- How the partnership is to terminate
- Who has bank accounts authorisation
It would be prudent to also have a joint venture agreement to stipulate what each of you has agreed to do and contribute and what each partners cannot do.
There are many considerations to be taken into account when forming a partnership, which is why there is some useful advice supplied with this agreement to assist you.
Purchase this document and avoid many problems that may arise. Once you have agreed the partnership. You will all know where you stand and get straight to business.
View Sample Partnership Agreement
Includes:
- Partnership Agreement
- FREE Checklist for Partnerships
- FREE What to consider when going into partnership with friends
The above files are in both 
.pdf and 
.doc Word format.
