Publisher's Synopsis
The nuts-and-bolts guide to forming a partnership
A solid partnership agreement is the foundation for a lasting and successful business partnership. Don't skip this essential step, or you may run into major problems later.
Form a Partnership helps you create the agreement you need for your shared business venture. It takes you through the important issues, then helps you write your own partnership agreement tailored to your needs, clause-by-clause. The book covers:
- cash, property, and service contributions
- financial and tax liabilities
- how partners will make decisions
- allocating profits and losses
- admitting new partners
- what happens if a partner wants out
- buying out a partner's interest
- the death of a partner
- and much more.