Dispute Settlement_ Two minds working will not always be in harmony with each other. There is always a possibility of conflicts of interests. Foreseeing possible scenarios and setting settlement to solve them should be included in the partnership agreement template. It is crucial to any partnership because it will regulate conflicts before it destroys the business.
Profit Division_ The financial aspect of a business is often the root of all issues. Before going into the commitment, clearly define the profit sharing process and percentage of all parties. This may be based on what each partner will bring into the table_ skills, finance, or other wise.