How to Draft an Effective Partnership Agreement for Your Los Angeles Business
A business that has more than one controlling individual may benefit from having a partnership agreement. As a legal document, a partnership agreement will do many things. It will define the liabilities, assets, and profit shares of each partner. It will detail the relationship between partners as well as describe how the partnership will run and govern the business. It is essential that the obligations and expectations of each partner are clearly defined.
If you are a California business owner who would like help drafting a partnership agreement, the California business partnership agreement attorney at the Leiva Law Firm can assist you.
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