Partnership Agreement Template
A partnership is a business structure than allows two or more people to go into business together and share the profits and losses between them. Such an arrangement can provide much flexibility as unlike a limited liability company it does not have to be registered at Companies House.
A partnership agreement can ensure that your business runs smoothly and avoid potential conflicts by preparing a detailed and complete agreement of what is expected of the partners and how the business will be run under the new partnership. This partnership agreement template covers essential elements such as who the partners are, their capital contributions, their rights and responsibilities, and what will happen if and when they decide to leave the partnership.
When to use:
Use this partnership agreement template when you and one or more other individuals want to create, or have created a business in partnership with each other and you want to make clear:
- The partners’ capital contributions
- How profits are to be split
- How decisions are made
- What is expected of the partners
- What happens if a partner wants to leave the business
What this covers:
This partnership agreement template covers:
- Who the partners are
- Partners’ capital contributions and profit shares
- Partners’ duties and entitlements
- Management and decision-making
- Partners leaving
How to place your order
To place your order for our easy to use Partnership Agreement template, simply ‘Add to cart’ and complete the transaction details, once your order is placed you will be able to instantly download your Partnership Agreement template. Our Partnership Agreement template is designed to be simple and straightforward to use, if you have any problems or questions then do not hesitate to contact a member of our team.