A partnership is an association of two or more persons or entities that conduct a business in common for the purpose of sharing profit as co-owners. A Partnership Agreement is a legal document initializing up a partnership among two or more parties. The Partnership Agreement is used by lawyers and the said parties who are involved in the partnership, in general for small businesses.
A partnership agreement explicitly defines the terms and conditions and the policies concerning working of the partnership. It also explains the kinds of roles and responsibilities that each partner will have to perform and defines if it will be an equal partnership or not.
A Partnership agreement template is a template that allows you to easily and quickly create a partnership agreement form, and with the proper layout and format. There are loads of free partnership agreement templates available all over the internet, which you can download for your own convenience. On the other hand, you can also create your own partnership agreement using Ms. Word. Here is our general purpose agreement template. It provides you with an easy interface, and a simple format to customize and use to create your own business partnership agreement. A sample partnership agreement can help business to structure the relationships between business parties.
This template is downloadable and customizable to meet your specific needs. It is absolutely free of cost, and ready to use. Just add in the required details, like the details of the partners, and if required, make the necessary changes in the terms and conditions, according to the nature and demands of your business partnership.
Here is the preview of this Free Partnership Agreement Template,