Frank McLain — Making A Partnership Agreement

Frank McLain knows how to help build business relationships and create partnership agreements between the interested parties. If you need help making a partnership agreement, it is important to hire an attorney who is skilled and experienced with such matters.

Choose A Name

You should choose a name for your company. You and the person who will partner with you will need to work together to come up with a name. This may seem simple but it is often the hardest part of forming a partnership. You will need to know the name of the business to include it on your agreement.

Choose A Reason

You should know why you want to create your company or business and make that reason part of your agreements. Both parties should agree on the reason or missions of the company. This will allow you to work together towards the same goals.

Choose Duties

Who will handle what aspects of your new business or company? You should be sure to include this in your partnership agreement so everyone is clear on what their jobs or duties are in terms of operating the company. You can also choose which partner has the rights to which aspects of the company.

If you are planning to partner with someone for a business or idea, it is a good idea to have a partnership agreement in place. An attorney like Frank McLain can help you create a partnership that protects you and the other party.