Where to begin
New partnerships often begin with shared ideas and enthusiasm. Talking about expectations, roles and decision-making makes that shared picture clearer.
What to consider
Write down responsibilities, the resources each party brings, reporting arrangements and how decisions will be made. Discuss circumstances in which the plan might change.
The next step
Notes from these conversations can provide a basis for legal review and an agreement suited to the relationship. A general template may not reflect all of a particular partnership’s details.
This note offers general information. A legal assessment of any matter depends on its particular circumstances and documents.
Have another question?
Describe it in your own words. You do not need to know its legal name to begin.
Start a conversation
