CREATE A BUSINESS AGREEMENT BETWEEN
PARTNERS
This easy-to-use kit enables
you and your business associate(s) to draw up a written agreement legally --
without the requirement or high expense of an attorney! Included in this kit
are fill-in-the-blank forms, and all of the instructions you will need to
create a valid partnership agreement. Also includes an optional software
version of the forms!
What is a Partnership Agreement?
A partnership is an association of two or more persons for the purpose of
conducting business. Although the partnership can declare bankruptcy and
limit some liability, it is not normally regarded as a legal entity like a
corporation.
There are two types of partnerships -- the general partnership and the
limited partnership.
In a general partnership, all partners share in both the profits and
responsibilities of the business. Unless otherwise spelled out in the
partnership agreement, each partner has one vote, no matter how much he has
contributed to the business. A general partnership is the most popular
partnership.
A limited partnership is an arrangement where a person or company invests in
an unincorporated business and still gains limited liability protection.
However, they do not possess any management powers. (The legal documents in
this kit have been designed for a general partnership only.)
A partnership begins with an agreement, which can be spoken, written or
simply a matter of understanding. Good friends who decide to form a
partnership may not feel it necessary to reduce their arrangements to
writing. However, experience proves that it makes sense to draw up an
agreement. Any point that is covered in the partnership agreement is subject
to state law.
If you decide that a Partnership Agreement is what your business requires,
this kit will make the process simple, quick and easy.
Complete Kit: Forms & instructions with optional 3.5 inch software disk
Free "800" tech-support - if you have a question while using one of our
kits, we have a knowledgeable and helpful staff to help you. We cannot offer
you legal advice, but if you're not sure how interpret something in the kit,
we can help you
Price:
$16