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.
Many times these types of forms are drawn up by lawyers. These forms can be very expensive and are not essential. It is only advisable for those who do not have time or resources to create this document on their own. A commercial lease agreement is different from a residential one. That is, renters have far more latitude such as constructing a building that suits their business but they have far less freedom in terms of what they can do with the property they are renting.