Partnership Agreement (Simple)

Record how 2 partners will run a business together: capital, profits, decisions and what happens if one wants out.

Before you start

• Who this agreement suits: 2 individual partners who share the business equally.
• When it does not suit: if there will be more than 2 partners, unequal shares, or a company or trustee as a partner, the agreement needs to be adapted by a lawyer (for example to provide for majority decisions, and buy-out rights where 1 of several partners leaves).

What you'll need

Each partner's full name and address; a description of the business; the business name; the start date; the place of business; the bank; how much capital each partner will contribute; how bank payments will be authorised; and the leave each partner may take.

What you get

• The finished document in Word, completed from your answers
• A plain-English guide to completing, signing and keeping it
• DIY straight away, or a solicitor check within 1 to 3 business days

How it works

1. Answer the questions, in 6 short steps.
2. See your fixed price and pay.
3. DIY documents download straight away. Solicitor-checked documents arrive within 1 to 3 business days.