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Learn more about Partnership Agreement
Clear communication and a solid legal foundation helps get your business off to the right start. Whether you're going into business with a friend or business colleague, you'll want to define all the ins-and-outs of how you'll run the partnership. A Partnership Agreement allows your business to prepare for common business scenarios, plan how a partner may leave, or how to handle disproportionate partnership contributions. Everyday misunderstandings between partners are also easily avoided by setting out clear business expectations in a Partnership Agreement. Other terms can cover interest, profits, contributions, buy-out options, and dissolution.
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