3 days
Write a Partnership Agreement for the owners of a UK business
About this ad
This offer is for a partnership. It is not for the shareholders in a company.THE OFFER INCLUDES ALL OF THE FOLLOWING FOR THE FIXED PRICE
IT CAN BE FINALISED WITHIN 3 DAYS OF THE INITIAL INSTRUCTIONS
- Taking instructions from you about your specific business and partnership arrangement - I will not just be giving you a template/precedent that you could download for free online
- Explaining the basics of partnership law to you, so that you understand the reasons behind the terms which will be included and the different options you have
- Prepare a first draft of the Partnership Agreement for your comments
- Finalising the document by making any amendments you require and dealing with any questions you may have
WHY DO I NEED A PARTNERSHIP AGREEMENT?
If you have a Partnership Agreement, you can tailor the rules to suit the needs of your specific business.
Most people think that they will never have problems with their partners, but in my experience, this is not the case.
It is best to set out at the start what happens if things go wrong or you cannot agree on something. If it is in writing, disputes can easily be dealt with.
The document will deal with any money put in initially by the partners (is it a loan? is interest payable?), partner shares, profits and more.
If you don't agree in writing otherwise, the law sets as a standard the following things and more, which might not fit with your business:
- each partner is 100% liable for all the debts and liabilities of the business, not just for their share
- any partner can bind all the partners if doing things that the business normally does
- all partners are entitled to share equally in the profits of the business
- any partner can immediately terminate the whole partnership business by giving notice - this ends the business for all partners
- the partners cannot exclude a partner without dissolving the entire partnership
- no partner is entitled to be paid for acting on behalf of the partnership
About the seller
Reviews on the ad
-
John L. 17 days ago
Yet another faultless job carried out by. Amazing people to work with all communications clear and concise and executed timely and precise
-
David A. 20 days ago
Excellent work. I'm very pleased
-
Daphne D 22 days ago
My fave!
-
Mike N. 28 days ago
Great as usual!
-
Kashif H. 29 days ago
Great Work again
-
S D. 23 days ago
Great work thank you
-
Kieran C. 28 days ago
Ok at design but said that he would do a wholesale site for. He didn't really know anything about setting up a wholsale site. Very disappointed.
-
Qasim M. 20 days ago
Very responsive and a great work
-
Nuha W. 29 days ago
Perfect work. Patient with the Costomer. Professional
-
Erwan N. 9 days ago
Very good job and quick service !