A business partnership is like a marriage. When things go well it can make your life so much better, but when it’s time to end you’ll be wishing you had a prenup.
Having a partnership dissolution agreement in place in the partnership agreement or written during the dissolution of a partnership does so much for you and your business.
Not only does it protect you from liability, it affects your future credit score and keeps your personal and business assets safe.
Still, what is a partnership dissolution agreement?
How do you write a partnership dissolution agreement?
Can you dissolve a partnership without one?
I’ll answer these questions and more in the article below.
Contact me today at firstname.lastname@example.org with any other questions you have about how to write and use a partnership dissolution agreement to protect you and your business.
What is Partnership Dissolution?
A Partnership Dissolution happens when a partner leaves the business, thus ending the partnership.
There are a lot of reasons where a partner might voluntarily leave the business,