Where to find sample partnership agreements

When you are forming a partnership it is a good idea to prepare a written partnership agreement. This is used to help solve problems between the partners that good communication and comprise can not solve, but it is also used to help protect the partners from illegal activities that another partner may contribute. Partnership agreements can be made between as many people as you want to have partners in your business, it can also be made between two companies that are pooling their resources together to increase their business.

Sample partnership agreements can be found in numerous places. You can find book at the local library or bookstore that give you step by step instructions on how to form a partnership, they also include any forms that you might need, including samples of different written partnership agreements. You can also find samples of written partnership agreements at a law library or a lawyer's office.

Another great place to find sample written partnership agreements is stores that sell computer software. In fact you can find out about anything you need to know for starting a business through how to computer software. Or if you do not want to spend any money you can do some research online to find numerous free samples of written partnership agreements. They also come in various forms, but they all cover pretty much the same thing. You can also obtain samples from you're the Small Business Association or your local Chamber of Commerce.

Here is one sample of a written partnership agreement:

This Partnership Agreement is made on [Insert Date] between [Insert Name of Party 1] and [Insert Name of Party 2].
1. Name and Business
The parties hereby form a partnership under the name of [Insert Business Name] to produce [Insert Business Product/Service]. The principal office of the business shall be [Insert Address].
2. Term
The partnership shall begin on [Insert Date], and shall continue until terminated.
3. Capital
The capital of the partnership shall be contributed in cash by the partners as follows: [Add stipulations in bullet points]
4. Profit and Loss
[Add how the profit and losses will be spilt up]
5. Salaries and Withdrawals
[Add if partners will receive a salary or not. Also if they will be able to withdraw money from their income account]
6. Interest
[If interest will be paid on loans from partners]
7. Management Duties and Restrictions
[Who has what responsibilities. i.e. President, Treasurer, etc and what the duties and restrictions each partner has]
8. Banking
[Either partner can sign checks or all partners need to sign checks]
9. Books
[Where the books will be kept, home or office, what accounting method the company will be using, whether the company is going to use a fiscal year or a calendar year, and when the books will be balanced. You might also include in this section whether or not you will be using a CPA or doing it yourself]
Voluntary Termination
[Under what conditions the partnership can be terminated and how the termination will be carried out]
Death
[What happens to the partnership if a partner dies. i.e. sell the business, have next of kin take over, etc.]
10. Dispute resolution
[How disputes will be handled. For example going to mediation or using arbitration]
Executed this ______________ day of _________________, [Insert Year] in [Insert City, State].

________________________ ________________________
Signature of Party 1 Signature of Party 2

When it comes to finding sample written partnership agreement forms you can find ones that you can simply fill in the missing spaces such as the date and your names. You can also write your own by finding the layout and filling it in with your own words.