Company Types_ All partners should make it clear the possible involvement of the primary business in the future. They should find the ways or possibilities from such idea. This will prevent future conflicts with regards to business growth.
Partner Compensation_ This is with regards to the skill set or manual labor brought in by a partner to the business. It may be likened to an employee compensation, wherein the person is paid for the service he or she renders to the business. If the partner is also the operations manager, the compensation for that job position should be clearly established in the partnership agreement.