Self-help templates
Business Partnership Agreement
For two or more people starting a business together: contributions, profit, decisions, exit and dissolution.
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Licence: this document is for your personal use only. You may not resell, share, copy or republish it, or use its content, without the written permission of TheLawToKnow.
How to use it
- When: two or more people start or run a business together and want to agree in writing on contributions, profit and loss, decisions, leaving and ending, before problems arise.
- Fill in everything in [square brackets] and delete the options you do not use. This template has two partners; add more as needed and adjust the shares.
- Be honest and specific about money, time and work each partner puts in. Most partnership conflicts come from unspoken expectations.
- Form: write it down and have all partners sign, one copy for each. In some countries a partnership must be registered or the agreement notarised.
- Not for: a company with shareholders and directors (use the company's founding documents and a shareholders' agreement), a one-off project (use a collaboration agreement) or an employment relationship.
What is inside
- Art. 1. Purpose and name
- Art. 2. Term
- Art. 3. Contributions
- Art. 4. Shares, profits and losses
- Art. 5. Management and decisions
- Art. 6. Time, work and competition
- Art. 7. Accounts and money
- Art. 8. Liability and debts
- Art. 9. Leaving, death and transfer
- Art. 10. Value of a share
- Art. 11. Dissolution
- Art. 12. Confidentiality
- Art. 13. Notices, law and disputes
- Art. 14. Final provisions
- Notes on the clauses and a checklist of what to check under your country's law
Also in the bundle: Small business starter (19 €)
What these templates are not
- They are self-help templates, not legal advice, and they do not replace a lawyer.
- Laws differ from country to country, and some rules cannot be changed by contract. Each template ends with a checklist of what to check where you live.
- For a high-value or unusual situation, ask a local lawyer or notary to look at the final text.
TheLawToKnow Tools. Self-help template. Not legal advice. Check the law currently in force. Written with the help of AI tools and reviewed by a lawyer-author.