Here are six common elements that you should include in a partnership agreement – in writing – signed by all partners: your partnership agreement should be about your unique business relationship and your business. Here, too, no one company is like the other. However, there are at least eight important provisions that every partnership agreement should contain: Is your company a partnership? If so, what other elements have you included in your partnership agreement that have helped to ensure a long-term and healthy business relationship? Tell us in the comments below. Before opening, they should have a record of each partner`s contribution to the partnership. (People have brief memories.) As a rule, these contributions are used as a basis for ownership share, but this is not a cut and dry formula.