Partnership Agreement for Small Business Co-Founders

Create a solid foundation for your business partnership with Paperform

Starting a business with co-founders is exciting, but it's essential to establish clear expectations from day one. This Partnership Agreement template helps small business co-founders document ownership percentages, define roles, set profit distribution terms, and outline exit provisions—all in one professional, legally-sound form.

Whether you're launching a startup, formalising an existing partnership, or bringing on new co-founders, this template guides you through the critical decisions that protect all parties involved. From capital contributions and voting rights to dispute resolution and buy-sell provisions, every essential element is covered.

Built specifically for entrepreneurs, consultants, agencies, and small business owners, this form streamlines what could be a complex legal process into a clear, straightforward workflow. Once completed, you can connect your Paperform submission to Papersign to send the finalised agreement for eSignature, creating a complete audit trail from initial data capture through to legally binding execution.

For businesses that need additional workflow automation, Stepper can route the completed agreement to your legal team for review, notify accountants about ownership structures, update your CRM with partner information, and trigger onboarding workflows for new partners—all without manual handoffs.

This template is perfect for tech startups, creative agencies, professional services firms, retail partnerships, and any small business where multiple founders are sharing ownership and responsibilities. It's designed to be thorough yet accessible, helping you establish professional governance without expensive legal consultations for the initial documentation phase.

With Paperform's conditional logic, the form adapts based on the number of partners, type of contributions, and specific provisions you need—ensuring you only see relevant questions. The doc-style editor also means you can easily customise language, add your company branding, or include additional clauses specific to your industry.

Trusted by entrepreneurs worldwide and SOC2 Type II compliant, Paperform helps you create professional partnership agreements that protect your business relationships and set clear expectations from the start.