Partnership Agreement Templates

Start a partnership the right way. These Partnership Agreement templates define contributions, roles, profit-sharing, decision-making, and exits in straightforward language. Each template is editable in Word (.docx) with a clean cover page. Ideal for small businesses, startups, and family ventures. Pick a template below, set how money and decisions work, and avoid conflicts later.

What These Templates Establish

They set the rules for running a business together: who contributes what, who decides what, and how profits are shared.

When These Templates Are Ideal

New ventures, adding a partner, or formalizing a long-running informal arrangement.

Clauses Worth Extra Attention

  • Capital contributions & ownership

  • Profit/loss split & distributions

  • Duties, approvals, banking, tax

  • Buy-sell, admission, withdrawal

  • Dispute resolution & dissolution

FAQs

Must ownership be 50/50?

No – use any split you agree on; reflect it in votes and distributions.

How are decisions made?

Set voting thresholds for key actions (e.g., 66% for major items).

What if a partner wants out?

Use buy-sell terms and a valuation method.

Can we add new partners?

Yes – define admission process and dilution mechanics.

How are disputes handled?

Add mediation/arbitration and a deadlock clause.

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