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Partnership Agreement

Defines terms between business partners: ownership percentages, profit sharing, decision rights, capital contributions, and buyout provisions.

Why you need one

Partner clarity

Defines who owns what, who decides what, and who gets what — before disputes arise.

Capital tracking

Documents each partner's capital contribution so everyone knows the financial stakes.

Exit protection

Buyout terms and dissolution rules protect everyone if a partner leaves or the business ends.

Legal standing

Courts enforce written partnership agreements. Verbal agreements are much harder to prove.

How it works

01

Answer a few questions

Takes about 10 minutes. Progress is saved as you go.

02

Pay a flat fee

Stripe checkout — cards + Apple Pay + Google Pay accepted.

03

Our expert team drafts it

State-specific, reviewed by an expert or partner attorney. 2 business days.

04

Download + sign

Delivered to your /account dashboard. Sign digitally or print + notarize.

What's in your document

  • Partnership formation
  • Capital contributions
  • Profit & loss distribution
  • Management & voting
  • Buyout & dissolution
  • Non-compete & confidentiality

Make it legal — after you receive it

1

Review together

All partners should review the agreement and agree on every term before signing.

2

All partners sign

Each partner signs. Notarization is recommended but not always required.

3

File with your business records

Keep the original with your formation documents.

This is not legal advice. We draft legal documents and our team includes licensed experts who review each one, but we are not your law firm and nothing we deliver constitutes legal advice for your specific matter. Read our full disclaimer.

Competitor pricing checked against Rocket Lawyer and LegalZoom public pricing; excludes fees and may change. See our price sources for capture dates.

Flat fee — no subscription
$69
Rocket Lawyer $40LegalZoom $149
  • State-specific — every state's format supported
  • Delivered to your /account dashboard within 2 business days
  • CPA + attorney review before delivery
  • Free amendments for 30 days