Learn why a business partnership agreement is important, what you should include in your agreement and how to create an effective one.

General partnership is the default classification for any unincorporated business with multiple owners, whether there’s a written partnership agreement or not.

Business partnerships can be a great way to combine resources and skills, but they can also turn into serious headaches if not handled properly. A solid business partnership agreement is key to ...

Although each partnership agreement differs based on business objectives, certain terms should be detailed in the document, including the percentage of ownership, division of profit and loss ...

A partnership agreement (or operating agreement, in the case of a limited liability company) may be the single most important agreement a partnership will enter into. Considered the foundation of ...