Partnership Agreements

Where a number of people  are trading as a partnership we advise putting in place a robust Partnership Agreement.

For Your Business - Partnership AgreementThis helps to prevent disputes arising over the sharing of profits, or division of assets on retirement. Generally acting as a rulebook in case of dispute.

Where a group of people do not have a Partnership Agreement the law allows the use of the Partnership Act 1890. This allows for the imposition of rules to protect partners interests but can be a harsh way to settle a dispute. Whereas a Partnership Agreement can better reflect the wants and needs of a partnership.

Please contact Martin Gaffney for further information on 0113 282 7988.