Free Alaska Partnership Agreement

Business Partnership Agreement in Alaska

A Partnership Agreement is also known as:

    • General Partnership Agreement

    • Business Partnership Agreement

    • Partnership Contract

A partnership is a business relationship between at least two individuals or entities, who share ownership and agree to share the profits/losses of the venture. As verbal agreements are difficult to recall and even more difficult to enforce, a written agreement between partners is necessary. A Partnership Agreement is a legal document that states the terms of a partnership and outlines the everyday running of the business.

If you are looking to formalize a business partnership—whether between friends, family or others, you are in the right place. Our Partnership Agreement is free. Begin by answering a few questions above to customize a Partnership Agreement that you can then download, print and email.

Information Contained in a Partnership Agreement

While there are various types of partnerships, such as limited partnerships and limited liability partnerships, the information contained here is for a General Partnership Agreement, which includes the following:

    • Names of partners

    • Name and purpose for the partnership

    • Begin and end dates of partnership

    • Where you will be doing business

    • Contributions of each partner

    • Profit and loss distribution among partners

Not All Partnerships Are Equal

A Business Partnership Contract will include the following:

    • Will partners be required to give capital to start or maintain the business? How and how much?

    • How much time and attention will the partners be expected to put into the activities of the business?

    • Will there be a Managing Partner to oversee the day-to-day running of the business?

    • What happens if a partner wants to withdraw from the partnership? Or dies?

    • Which situations call for voting among the partners and which don’t?

    • How will conflicts be resolved?

Our site will enable you to create a Partnership Agreement. We offer free on-line templates and samples of Partnership Agreements that make it easy. Simply fill in the information above to get started.

If you live in Juneau, Anchorage, Wasilla, Fairbanks, Kenai, Nome, Seward or any other city in Alaska, you can use our free legal forms.