Simple Business Partnership Agreement

What This Is

A business partnership agreement defines the relationship between partners in a business venture. It covers ownership percentages, profit/loss sharing, decision-making authority, and exit terms.

When to Use This

• You're starting a business with one or more partners
• You need to formalize ownership and profit-sharing arrangements
• You want to establish decision-making and management structure
• You want to plan for partner exits and dispute resolution

What We'll Ask You

We'll guide you through 14-18 questions including:

• Business name and type of partnership
• Partner names and contributions (cash, assets, services)
• Ownership percentages for each partner
• Profit and loss distribution
• Decision-making authority and voting rights
• Management roles and responsibilities
• Exit provisions and buy-sell terms

What You'll Receive

A comprehensive partnership agreement covering ownership, management, profit-sharing, and exit provisions. Ready for all partners to sign.

What This Is NOT

• This is not for complex corporate structures (LLCs, corporations)
• This does not include tax planning or entity formation advice
• This is not legal advice or attorney services
• You prepare and execute this document yourself