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Nadia McLeod from RPMRE Legal Kits explains that their online template kits help businesses reduce legal costs. A partnership agreement is key for individuals entering a business partnership, as it outlines shared management duties and capitalizes on collective skills. Given that partners may have differing interests, it’s essential to clarify rights and responsibilities to avoid potential conflicts. A professionally drafted partnership agreement safeguards the interests of all parties involved. RPMRE offers a general partnership agreement and checklist to help partners define specific terms and establish clear roles, ensuring a smoother partnership arrangement.
