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hi welcome back this is md Crawford the creator of slog and welcome back to tips on tax now some of you might be thinking of starting a partnership now theres one advice I need to give to you make sure theres a partnership agreement in place what is a partnership agreement well this is like a contract between you and all the individual people a within that partnership what does it contain many different sections but let me just give you three for instance one what capital you put in in to what profits are each year youre going to take out and three what happens if somebody wants to leave the partnership now theres many more bits and pieces in there but those are just a few to go on anyway see what slug slug code at UK