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this video will guide you through eight steps needed to create an effective business partnership agreement drafting Business Partnership agreements is one of the most widely requested projects on the contracts Council platform since they are essential for creating good Partnerships so if you are planning to create a partnership agreement for your business this video is for you we will cover one the purpose of Business Partnership two two key terms to include in your agreement three the eight steps to follow to write your partnership agreement now lets get started purpose of business Partnerships a Business Partnership is a formal Arrangement where two or more parties collaborate to operate a business this allows them to combine resources share risk enhance creativity and divide labor there may also be benefits from an expanded Network and tax implications having a solid business partnership agreement will set your partnership up for success by outlining all terms of the agreed upon Ar