Partnership Agreement
Simple partnership agreement for small business partnerships
Complexity
StandardEstimated Time
~12 minutes
Best For
Freelancers and independent contractors, Small businesses and agencies
When to Use This Template
Good fit for:
- ✓Formal business partnerships between two or more people
- ✓Defining ownership, profit sharing, and exit plans
- ✓Protecting partners with buyout and dissolution terms
Not recommended for:
- ✗Solo businesses (no partnership needed)
- ✗Complex multi-partner structures (may need attorney)
Key Clauses
Important clauses included in this template and what they mean for you.
Partner Buyout
StandardHow a partner can sell their share or be bought out.
Dissolution
StandardHow to end the partnership and divide assets.