Gift Shop Partnership Agreement

There are many things to consider when opening a gift shop under a partnership. In this paper I will discuss some of the major considerations needed. I will talk about the different partnerships that can be formed to open a gift shop.
One of the very first things to consider is what type of partnership to form and whom the capital to start the partnership will come from. Each partner has the opportunity to invest capital into the partnership in the form of tangible assets, services or funds. The responsibility of each partner must also be defined when conducting business. Deciding these issues can help you decide what type of partnership you want to create.
There are two types of pa...