by Kerry Gibbs | Dec 11, 2025 | Partnership Agreement
Starting a business partnership can feel exciting – you’ve found someone who shares your vision, your workload, and hopefully your enthusiasm for the future. But while partnerships can be rewarding, they can also be complicated. Many business owners jump in without...
by Kerry Gibbs | Apr 18, 2024 | Partnership Agreement
13 Reasons Why the Absence of a Partnership Agreement Could be Disastrous! Ordinary partnerships are governed by The Partnership Act 1890 and in the absence of a partnership agreement, the outdated unsuitable default rules would apply. You may not even realise that...
by Kerry Gibbs | Feb 12, 2021 | Partnership Agreement
There is often some confusion over what a partnership is. A partnership is a formal arrangement by two or more parties to manage and operate a business and share its profits. The Partnership Act 1890 defines partnership as “persons carrying on a business in common...
by Kerry Gibbs | Nov 28, 2017 | Partnership Agreement
Are you in a business partnership? Do you even know what a partnership is? Unsure whether you need a Partnership Agreement in place? Read on… The Partnership Act 1890 defines partnership as “persons carrying on a business in common with a view of profit.” As with all...
