What is a Partnership Agreement & Why You Shouldn’t Start a Business Without It?” π€πΌ Client: “We’re starting a business together. Do we really need a partnership agreement? We trust each other!” π Well… so did most business partners — until money came in! ππΈ ✅ What is a Partnership Agreement? ✔️ A legal document between two or more partners , defining roles, responsibilities, capital contribution, profit-sharing, and exit clauses. ✔️ Essential for all types of partnerships — traditional, LLP, or joint ventures. #PartnershipAgreementIndia #BusinessContracts #StartupLegalBasics #BusinessLawIndia #PartnershipDeed ✅ Why You Need One: π Clearly defines each partner’s role π Prevents disputes over profit-sharing or decision-making π Sets exit & dissolution terms π Ensures legal protection in case of conflicts or breach #BusinessSetupIndia #LegalAgreementTips #StartupLawSupport #PartnershipLawIndia #StartupLegalHelp ✅ Key Clauses to Include: π§Ύ Capital c...
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