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Australian Small Business Centre | Payment Options

Australian Small Business Centre Pty Ltd :: E-Books :: Partnership Agreement

Partnership Agreement
Partnership Agreement 

ARE YOU IN A HURRY TO FIND THE  PARTNERSHIP AGREEMENT WITH THESE PRECISE CLAUSES? 


See list below


You will have heard that partnerships are the most risky of all business structures for new business and it is therefore a wise move to ensure that you have a quality document to protect both you, your partner AND your assets should the partnership fail.

The Australian Taxation Office has a requirement of proof of partnership in order to access lower tax rates.

Apart from that, ALL business advisors agree that a agreement should be set up prior to commencement of the business. NO EXCEPTIONS. Don't fall for the 'we're friends - we don't need a contract' line. It's your life, it's your money - Protect it.

  WHY BUY THIS PARTICULAR PARTNERSHIP AGREEMENT ?


1. Easy access.   You can download and be working on it within five minutes.  As soon as the payment is made you are sent a download link (at the bottom of the invoice) . Simple!

2. A workshop is enclosed to help you understand the clauses.   There are also alternate clauses so that you may swap to and from the template to ensure that the agreement reflects the TRUE wishes of the partners.

Which ever way you decide remember it is important to protect your assets and reduce tax so don't skimp on the process. It is too important. The workshop is for you and your partner to create the document that will govern your business relationship.


Although we have covered all  the standard issues plus some, your partnership may have issues which are peculiar to your partnership alone, so we suggest that you also look at all the 'what-if' situations that you can think of and discuss methods of handling those.
You may want to create other clauses for them. If your situation or issue is really convoluted or if there is dissension or concern with any clause.don't be afraid to seek legal help  Just remember in the process don't miss any of the points in our template - they are there to protect you.

If you wish to see sample of clauses and workshop click here

3. Template is included so all you have to do is cut and paste it into another document and add or subtract clauses as you see fit.

4. Template is in Word 2003   No having to deal with pdf documents or having to retype it. Your agreement is ready to be filled in. Even if you have an OLD computer you will be able to open Word 2003. 

5. All the Standard Clauses such as INVESTMENT by each partner, percentage of ownership ,MANAGEMENT ROLES,  EXIT clauses etc PLUS  New  Clause relating to INTELLECTUAL PROPERTY and  ownership of SOCIAL MEDIA ID's  - missing from many of our competitors documents
 

Clauses within this agreement relate to : 


Partner details, Capital Input, On-going ownership rights related to Intellectual Property created both prior to and during the partnership,  ownership of Media ID's related to the business, money management, expenses incurred, loans to partnership, division of Net Profit, management of expenses related to partner's residence,  rules for management of books of accounts, roles and responsibilities of each partner, conduct at partnership meetings, employment standards, balance of efforts, drawings, conflict of interest,  personal affairs in relation to partnership, exit clauses including notification to quit partnership, death causing closure, sale of partnership business, admitting new partners, disagreements between partners and more.



6.
Easy to understand language.  Both workshop and sample are in easy to understand language

7. Suitable for All States of Australia and New Zealand . The partnership agreement has standard clauses found in agreements in all countries however some countries may have extra clauses to cover points related to liability and agency which are covered by common law in Australia.

8. Multi-use.  Can be used for 2-4 person partnership or agreement between directors in Pty Ltd Company. (Supports and works with the common law  replaceable rules for company structure.)

9. Guarantee.  If you find an issue that is relevant to most businesses that is not covered in our agreement we will refund your total payment


10. Bonus.  Business Start-up Checklist and instructions.   We are assuming that as you are setting up a partnership that you could also be starting a business so we have included the Start-up Checklist to make sure that you get things right at the start.  Don't miss something that could bring you down later.


11. Termination of Partnership.  The exit Clauses in this agreement will cover you when you wish to end the partnership.

They will also guide you if you wish to exit a partnership and haven't got a written agreement.

To Finalise your Agreement

When you have a finished your written agreement, each partner will need an original signed copy of your agreement. Anyone can witness your signature - in fact you can witness each others. Setting up your agreement this way is totally effective as all partners have to be fully involved in the decision making process and then as a consequence they then commit to the partnership principles.

Finally

Remember you are going into business and can't expect everything to be handed to you on a platter. Taking short cuts at the beginning could come back and hit you in the face later. Now it's decision time -  you know you need this document so be our guest, go straight to the bottom of the page, check the extremely reasonable price and press the

'Add to Cart'
button.


We have three methods of access. Please don't send credit card info in an email.

1. Phone 1300 302 698 and order.

2. Scroll down to order on-line
3. Fax an order to 02 9713 0151 

It's only
$43.70 - Don't waste any more time. ORDER NOW,  put your house in order and then get on with building your business.

Details
 
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Price: AUD$43.70
including GST

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