Legally, you can still create a general partnership agreement with a handshake - but it's not smart. Like any relationship, partnerships are fraught with opportunities for disgreement and misunderstanding. But unlike most relationships, once you enter a partnership agreement with someone, you're legally yoked to them until the partnership is officially dissolved.
Save yourself aggravating disputes and costly court battles later with a written partnership agreement. Here are the 10 Questions Good Partnership Agreements Need to Answer.
More on the Legal Structure of Your Business
Save yourself aggravating disputes and costly court battles later with a written partnership agreement. Here are the 10 Questions Good Partnership Agreements Need to Answer.
More on the Legal Structure of Your Business
- Choosing a Form of Business Ownership
- A Comparison of Sole Proprietorships, Partnerships and Incorporation
- Should You Incorporate Your Small Business?
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