Writing a Partnership Agreement for a Small Business
Going into business with a friend, relative or colleague often starts with a handshake. Everyone is keen and the details seem easy to sort out later. Trouble tends to arrive when money runs short, one partner wants out or the business grows faster than expected. A written partnership agreement is the simplest way to settle those questions before they turn into a dispute.
This guide explains how a partnership works under Australian law and why the agreement matters. It covers what the agreement should include and what happens when a partnership ends. It is general information for small business owners who are setting up or reviewing a partnership.




















































