When you find yourself considering going into business together you might want to consider how you are going to protect yourself in the event of a disagreement. If you are not planning to form a partnership you can always use a joint venture template to draw up an agreement that will protect all those involved in the venture. Considered a legally binding contract, you will find that when properly filled out this document will leave little for any errors or the type of misunderstandings that can cause what is otherwise a good, solid working partnership.
You can pay a lawyer to draw up this agreement if you are a large company that has a big enough budget to cover the costs, but this is not necessary as you can do it for yourself. You can of course write out your own agreement using one of the many different templates that are available for download online. Both of these documents are completely binding in a court of law, the difference is the amount of money you are going to have to spend. Each of them must be signed by both parties and in many states notarized in order for them to be legally binding.