A legal partnership agreement is a documented, signed, and notarized agreement between two or more people or entities such as a business. A lawyer is not required to create this document; many people even feel it’s a complete waste of money to pay one. The truth is that any one can easily create their partnership agreement inexpensively on their own.
Verbal agreements tend to never work out. Putting the terms of the partnership in writing is the smartest thing you can do to protect your business.


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