How to make a Partnership Agreement?
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zaccaria
Apprentice
Joined: 11 Feb 2007
Posts: 3
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 Posted: 04/14/08 - 06:06 Post subject: |
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| I have recently started working on my new business. I will first need to make a business plan. I am aware it is crucial to my success. However, as would like to get into the partnership, I would like to know how to make a partnership agreement. If anyone could tell me, that would be fantastic. Thanks in advance. |
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joshia
Apprentice
Joined: 28 Jun 2006
Posts: 1
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| Posted: 05/14/08 - 01:54 Post subject: |
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| Starting a new business is always risky and you should be very careful with all the crucial segments regarding its functioning - business plan, surveys, tax paying, legal documents. Now, being in a partnership somewhat eases your situation because you have split responsibility and every downfall can be more easily amortized. In order to make a partnership agreement, you first need to make a very precise calculations regarding the business with your future partner. You have to be sure it is good for both of you, as there are situations where one of the partners backs out shortly after the company starts its business, which leaves the other partner in very big problems. For some help on that matter, go to http://www.bplans.com/le/article.cfm/87. |
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