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hello my name is tony liu and im the founder of focus law [Music] today i am going to talk to you about why having a written partnership agreement is so important there is a saying that goes like this you have a good business partnership until you havent got it anymore while this statement may seem direct and may not reflect your current situation but it is true when we start a business we are often excited about the money that we will make the legacy that we will be building in the mark we are living on this world because of business venture however in a state of excitement about our businesses at a thirty thousand feet view we tend to forget the reality of operating a business in the truth that is all businesses live and die with the contract they sign yes including the contract between you and your business partner and remember we have good business partners until we no longer do we often start business ventures with our friends and family whom we like and trust but unfortunately