Percentage of this year's companies started by two or more people: 62 % Percentage of those companies with a written partnership agreement: 56 % (inc.com)
It is also essential that you prepare a written partnership agreement establishing, among other things, each partner's share of profits or losses, day - to - day duties and what happens if one partner dies or retires. (inc.com)
«Legally, you're not required to have a written partnership agreement but I think you're a fool not to have one,» Ennico says. (inc.com)