Partnership agreement template is a legal document just like a partnership deed which contains information about the partnership business like names of partners, firm name, starting date, partnership capital and ratio of the capital shared by each partner, clauses about sharing the profits and losses of the business, information about who will manage the business, information about admission of new partners, rules for withdrawals, business addresses, addresses of all partners, calculation of goodwill and so on. This document should describe every bit of the business in detail to prevent future disputes among the partners. A partnership agreement should be drafted…