Before entering into any partnership, make sure that you properly set out the terms and conditions of any business partnership by making use of our Partnership Agreement template. Define percentages of ownership and the manner in which profits or losses are to be distributed. Clearly set duties and responsibilities of each partner to the business and the agreed upon terms and duration of the partnership. Be able to include provisions of ending partnership as well as other options such as share buy offs and others. Download this template now and start off a great and profitable business with your partner.