The $100 Startup: Reinvent the Way You Make a Living, Do What You Love, and Create a New Future

One-Page Partnership Agreement
Keep it simple. Remember that the relationship is the most important part;
choosing  to  keep  it  strong  and  trusting  is  more  important  than  having  the

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right  clauses  and  legal  language.  Many  of  our  subjects  report  doing
business  for  large  amounts  of  money  on  a  long-term  basis  without  any
contracts at all. Here’s a starting point. You should consult a qualified third
party  if  you’d  like  to  define  your  obligations  more  clearly  or  if  you’re
concerned about something.
Partners: [Partner 1] and [Partner 2]. These partners agree to collaborate in
good faith on a mutually beneficial project known as [project name].
Overview: [summary of project, including outcomes and expected results]
Revenue Sharing: Net income for the project will be split on the basis of
[percentage] percent to [Partner 1] and [percentage] percent to [Partner 2].
All  minor  costs  associated  with  the  project  will  be  deducted  prior  to
calculating  net  income.  If  any  particular  cost  exceeds  [amount],  both