{"id":456,"date":"2026-09-13T09:00:00","date_gmt":"2026-09-13T09:00:00","guid":{"rendered":"http:\/\/dummy.xtemos.com\/woodmart2\/elementor\/?p=456"},"modified":"2026-09-13T09:00:00","modified_gmt":"2026-09-13T09:00:00","slug":"written-agreement-business-partners","status":"publish","type":"post","link":"https:\/\/live.allanuxweb.com\/law-firm\/lawyer\/written-agreement-business-partners\/","title":{"rendered":"Why business partners need a written agreement"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"456\" class=\"elementor elementor-456\" data-elementor-post-type=\"post\">\n\t\t\t\t<div class=\"wd-negative-gap elementor-element elementor-element-3a976ff e-flex e-con-boxed e-con e-parent\" data-id=\"3a976ff\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-cf065db elementor-widget elementor-widget-wd_text_block\" data-id=\"cf065db\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;highlighted_vertical_offset&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]},&quot;highlighted_vertical_offset_tablet&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]},&quot;highlighted_vertical_offset_mobile&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]}}\" data-widget_type=\"wd_text_block.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"wd-text-block reset-last-child text-left\">\n\t\t\t\n\t\t\t<p>Many small businesses start with a handshake between friends or family. That works well while everyone agrees, but problems appear when someone wants to leave, stops contributing or passes away. A written shareholders' or partnership agreement sets out who owns what, how decisions are made and what happens when circumstances change. It is far easier to agree on these rules at the start.<\/p>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3a901f0 elementor-widget elementor-widget-wd_image_or_svg\" data-id=\"3a901f0\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"wd_image_or_svg.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\n\t\t<div class=\"wd-image text-left photoswipe-images\">\n\t\t\t\t\t\t\t<a  href=\"https:\/\/live.allanuxweb.com\/law-firm\/lawyer\/wp-content\/uploads\/2021\/08\/marchetti-attorneys-close-up-of-a-legal-document-fountain-pen-and-bras-9aba2.jpg\"data-width=\"1024\" data-height=\"720\" data-elementor-open-lightbox=\"no\" aria-label=\"Image link\">\n\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"700\" height=\"600\" src=\"https:\/\/live.allanuxweb.com\/law-firm\/lawyer\/wp-content\/uploads\/2021\/08\/marchetti-attorneys-close-up-of-a-legal-document-fountain-pen-and-bras-9aba2-700x600.jpg\" class=\"attachment-700x600 size-700x600\" alt=\"Close-up of a legal document, fountain pen and brass scales of justice on a wooden desk\" srcset=\"https:\/\/live.allanuxweb.com\/law-firm\/lawyer\/wp-content\/uploads\/2021\/08\/marchetti-attorneys-close-up-of-a-legal-document-fountain-pen-and-bras-9aba2-700x600.jpg 700w, https:\/\/live.allanuxweb.com\/law-firm\/lawyer\/wp-content\/uploads\/2021\/08\/marchetti-attorneys-close-up-of-a-legal-document-fountain-pen-and-bras-9aba2-75x65.jpg 75w\" sizes=\"auto, (max-width: 700px) 100vw, 700px\" \/>\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t<\/div>\n\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6dadc42 elementor-widget elementor-widget-wd_text_block\" data-id=\"6dadc42\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;highlighted_vertical_offset&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]},&quot;highlighted_vertical_offset_tablet&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]},&quot;highlighted_vertical_offset_mobile&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]}}\" data-widget_type=\"wd_text_block.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"wd-text-block reset-last-child text-left\">\n\t\t\t\n\t\t\t<p>We help you cover the points that cause the most disputes: how profits are shared, how a partner's share is valued and sold, and how deadlocks are resolved. The agreement should match how your business actually runs, not a generic form. Review it every few years, especially when new partners join or the company takes on funding.<\/p>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>A clear shareholders&#8217; or partnership agreement protects friendships and the business when plans change.<\/p>\n","protected":false},"author":1,"featured_media":151,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[58],"tags":[72,86],"class_list":["post-456","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-commercial-law","tag-contracts","tag-small-business"],"_links":{"self":[{"href":"https:\/\/live.allanuxweb.com\/law-firm\/lawyer\/wp-json\/wp\/v2\/posts\/456","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/live.allanuxweb.com\/law-firm\/lawyer\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/live.allanuxweb.com\/law-firm\/lawyer\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/live.allanuxweb.com\/law-firm\/lawyer\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/live.allanuxweb.com\/law-firm\/lawyer\/wp-json\/wp\/v2\/comments?post=456"}],"version-history":[{"count":2,"href":"https:\/\/live.allanuxweb.com\/law-firm\/lawyer\/wp-json\/wp\/v2\/posts\/456\/revisions"}],"predecessor-version":[{"id":35565,"href":"https:\/\/live.allanuxweb.com\/law-firm\/lawyer\/wp-json\/wp\/v2\/posts\/456\/revisions\/35565"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/live.allanuxweb.com\/law-firm\/lawyer\/wp-json\/wp\/v2\/media\/151"}],"wp:attachment":[{"href":"https:\/\/live.allanuxweb.com\/law-firm\/lawyer\/wp-json\/wp\/v2\/media?parent=456"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/live.allanuxweb.com\/law-firm\/lawyer\/wp-json\/wp\/v2\/categories?post=456"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/live.allanuxweb.com\/law-firm\/lawyer\/wp-json\/wp\/v2\/tags?post=456"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}