Free Tailoring Business Partnership Agreement

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This Tailoring Business Partnership Agreement is between two or more parties who wish to enter into a tailoring business as co-partners. This agreement sets out the new name of the tailoring business, amount of capital contributed by each partner and how any profits will be divided. It also sets out the days and hours in which the tailoring business will be conducted. It is important that this agreement be set forth in writing rather than by oral agreement. A written Tailoring Business Partnership Agreement will be valuable in the event of disagreements or misunderstandings between the parties on how the business will be run. This Tailoring Business Partnership Agreement sets forth the following: Parties: Names of all parties who are entering into the partnership agreement; Term: Sets out the term of the partnership agreement and damages if a member decides to withdraw; Capital Contribution: Total sum of all capital contributed by each partner; Conducting Business: The days and hours the tailoring business will be open and the amount of weekly wage each partner will receive; Signatures: All partners must sign this partnership agreement. Protect your rights and your property by purchasing this attorney-prepared form. This attorney-prepared package includes: General Information Instructions and Checklist Tailoring Business Partnership Agreement State Law Compliance: This form complies with the laws of all states