Partnerships and joint ventures
We provide you with a clear and tailored agreement that is pivotal in solidifying the terms of the partnership and sets rules in place early.
The price is exclusive of GST, tax will be calculated during the checkout.
Protect yourself with bespoke legal documents
Don’t risk your business with a DIY template, an auto generated legal document or an unsuitable law firm.
Our team of expert commercial lawyers will tailor bespoke legal documents to suit your unique needs and prioritise the commercial considerations for your business success.
What you get:
- Free consultation
- Done for you tailored legal documents to suit your needs
- Initial drafting and review + one round of amendments
- Practical legal advice
- Fast turnaround times (5-7 days)
Partnerships and joint ventures are often loosely defined
Partnership and joint ventures are two other ways for separate people or businesses to create a new business, particularly when they enter into temporary or informal arrangements, or want to save on costs. However, without proper ground rules in place, it can be difficult for parties to have the correct structure in place to properly run the new business, especially as a business expands and personal circumstances change. Most people underestimate the potential for disputes with their business partners over the course of running a business.
Unforeseen circumstances can derail the business
Common issues which come up during a business’ lifetime include:
- Disagreements on decision making;
- Disagreements on exact roles, funding requirements and what constitutes underperformance;
- Bringing in new partners, or existing partners retiring; and
- Dissolving the partnership and what happens to assets (such as IP) afterwards.
Such disputes between business partners can cause the business to grind to a halt and erode any profits or chance of future growth.
Formalise your terms with a tailored partnership agreement
Having a clear and tailored agreement is therefore pivotal to solidify the terms of the partnership and set rules in place early. It will determine many issues such as how you make decisions, how disputes are resolved, what processes are available if a partner wants to exit the business, and how the business is closed. At the very least, it will ensure you have a good exit strategy in case the business or the relationship fails. Having these clear rules put in place beforehand ensures everyone is on the same page, and accordingly minimises the chance of disputes occurring or business partners falling out. Our lawyers can draft and review agreements that align effectively with the terms you and your partners agree to.
Frequently asked questions
Looking for practical legal advice?
Tell us about your legal needs and we’ll get back to you within 1 business day.
The simple way to buy legal protection
Enjoy fixed fees, discounted packages, and fast turnaround times.
- Order a document or package
Order the individual legal documents you need or save money by upgrading to a bundled package. - Talk to us
We’ll call you in the next 48 hours to confirm your details and needs. - Fast turnaround times
Our team of expert commercial lawyers will draft bespoke documents to suit your needs within 1 week. - Implement protection
Start using your new legal documents in your business to operate with protection and confidence.
Our client satisfaction guarantee
Built to empower startups and entrepreneurs, here is how we aim to set you up for success.
Expert commercial lawyers
Receive practical legal advice in uncomplicated English that prioritises the commercial considerations for your success.
Fast & responsive turnaround
Gain the speed advantage over your competition with our fast turnaround and responsive communication.
Fixed fee packages
Forget the 6 minute billables. Enjoy the transparency and affordability of our fixed legal fees, tailored to your needs.
Hear from our happy clients
We happily support startups and entrepreneurs in over 30+ industries all across Australia.
Protect yourself now or upgrade to a package and save
The Startup Package
- Unlimited contact us via phone or email*
- Legal health check
- Shareholders Agreement
- Software development agreement OR Terms for online businesses and software
- Trademark
The Legal Advisor Package
- Free consultation
- Tailored legal package complete with all the legal documents you need to protect your business
- Bundled package discounts
- Transparent fixed fees
- Fast turnaround times
The Intellectual Property Package
- Unlimited contact us via phone or email*
- Legal health check
- Trademark
- IP assignment deed
- NDA
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