Partnership Agreement Generator, Define Roles, Protect Relationships

A partnership agreement is a legally binding contract between two or more individuals or entities who agree to operate a business together. It defines each partner's contributions, responsibilities, profit/loss sharing ratios, decision-making authority, and what happens when a partner wants to leave or the business dissolves.

Without a partnership agreement, your business defaults to your jurisdiction's partnership statute, which may not reflect what you actually agreed to. Default rules typically split profits equally regardless of contribution, give every partner authority to bind the business, and make each partner personally liable for the other's business debts. That's rarely what partners intend.

Contract.DIY generates partnership agreements that reflect your actual arrangement, whether it's a two-person startup, a professional practice, or a multi-member investment partnership. Define the terms upfront to protect both the business and the relationship.