Partnership Agreement Generator
The document nobody wants to write and everybody wishes they had: who put in what, who decides what, how profit is split, and what happens when someone leaves.
The partnership
Contributions and splits
Optional clauses
Toggle to includeCommon questions
The agreement is not about trust; it is about what happens when circumstances change — illness, a better offer, a partner wanting out, a disagreement over direction. Every partnership that ended badly began with two people who trusted each other.
Often, but not automatically. Unequal capital, unequal hours or unequal risk usually justify an unequal split, and a 50/50 partnership with no deadlock mechanism can freeze completely when the two of you disagree.
No. A partnership and a company are different structures with different liability and tax treatment. If you have incorporated, you need a shareholders agreement instead — and a lawyer to draft it.
General information only, not legal advice. See the disclaimer.