Contract template
Partnership Agreement Template
Create, customize, and e-sign a business partnership agreement in minutes. Free template, automated with Google Docs.
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What is a partnership agreement?
A partnership agreement is a contract between two or more people who run a business together. It sets out how much each partner contributes, how profits and losses are shared, who makes which decisions, and what happens when a partner joins, leaves, or the partnership ends. Putting these terms in writing prevents the disputes that arise when partners assume different things.
Use a partnership agreement whenever you start a business with one or more co-owners, bring in a new partner, or formalise a handshake arrangement that has grown. It is just as useful for a two-person agency as for a multi-partner firm.
A clear partnership agreement usually covers capital contributions, ownership percentages, profit and loss distribution, each partner's roles and authority, decision-making and voting, how new partners are admitted, how a partner can exit or be bought out, and how disputes are resolved.
This free template gives you clear, editable terms you can adapt in minutes. Personalise the parties and scope, generate each copy automatically with Portant and Google Docs, and send it out for e-signing. Use the partnership agreement template to get started.
How to automate your contracts
Step 1
Open Sheet
Select the Google Sheet you want to use as the data source for your contracts. Portant connects directly to your spreadsheet to pull in the data it needs.
Step 2
Connect Template
Connect your Google Docs, Slides, or Sheets contract template. Portant will link it to your spreadsheet data source so it knows which fields to merge.
Step 3
Customize
Customize your contract with merge tags like {{Party Name}}, {{Terms}}, and {{Effective Date}}. Format it with your branding, colours, and layout.
Step 4
Create
Create contracts automatically when new rows are added to your sheet, or generate them manually in batches. Send via email or save to Google Drive.
How to automate your contracts with a template
How it works
Step 1
Step 1: Open a Google Sheet
Open a Google Sheet with your contract data. Include party names, terms, effective dates, and any other fields you need to merge into your contracts.
Step 2
Step 2: Connect your contract template
Open the Portant add-on and connect your Google Docs contract template. Portant scans for merge tags and maps them to your spreadsheet columns.
Step 3
Step 3: Customize your output
Set up your delivery method. Email contracts to signers, save as PDFs in Google Drive, or request eSignatures directly through Portant. Use merge tags in emails too.
Step 4
Step 4: Automate your contracts
Turn on auto-create to generate contracts for every new row. Process rows in batches or schedule the workflow to run at set times.
Benefits
Eliminate unnecessary manual work
Stop spending hours copying and pasting data from spreadsheets into documents. Portant automates the entire process, pulling data directly from your source and generating completed documents in seconds. Focus on the work that matters, not repetitive formatting tasks.
Make your documents more accurate
Manual document creation leads to errors, from wrong names to outdated figures. Portant maps data fields directly to your template, eliminating typos and ensuring every document is accurate and consistent. Your team sends fewer corrections and your clients get the right information every time.
Built into Google Workspace
Portant works natively with Google Docs, Sheets, Slides, and Gmail. There is no new interface to learn, no data to export, and no switching between tools. Your team stays in the apps they already use while Portant handles the document generation in the background.
What teams say about Portant
“Portant has been a game-changer for Clipboard! It's saved our sales team countless hours every week by generating order forms, proposals and contracts with info from HubSpot automatically filled in.”
“This product is a gamechanger for all of those painful manual document merges. Love what you and the team have built!”
“This software brilliantly takes over the tedious process of creating and sending invoices. This not only saves time but massively reduces errors of data entry.”
“Love this product. Have been using it for over a year and the integration to Google Workspace is awesome. Lots of credit for listening to your users!”
“Truly a gamechanger! Portant streamlines these tasks and allows me to focus on the things that require my attention and problem-solving!”
“Portant has been a game-changer for Clipboard! It's saved our sales team countless hours every week by generating order forms, proposals and contracts with info from HubSpot automatically filled in.”
“This product is a gamechanger for all of those painful manual document merges. Love what you and the team have built!”
“This software brilliantly takes over the tedious process of creating and sending invoices. This not only saves time but massively reduces errors of data entry.”
“Love this product. Have been using it for over a year and the integration to Google Workspace is awesome. Lots of credit for listening to your users!”
“Truly a gamechanger! Portant streamlines these tasks and allows me to focus on the things that require my attention and problem-solving!”
Frequently asked questions
A partnership agreement is a written contract between business partners that defines ownership shares, how profits and losses are split, each partner's responsibilities, and how decisions are made. It also sets out what happens if a partner leaves or the partnership dissolves.
It is strongly recommended. Without one, your partnership defaults to the rules in your local partnership law, which may split profits equally and give every partner equal say regardless of contribution. A written agreement lets you set terms that match what the partners actually agreed.
A solid partnership agreement covers capital contributions, ownership percentages, profit and loss sharing, partner roles and decision-making, admission of new partners, buyout and exit terms, dispute resolution, and dissolution. The clearer these are, the fewer disagreements later.
A partnership agreement governs a partnership, while an operating agreement governs a limited liability company (LLC). They cover similar ground, ownership, profits, and management, but the right document depends on the legal structure you have registered.
Profits can be split in any way the partners agree: equally, in proportion to ownership or capital, or by a custom formula. State the method clearly in the agreement so distributions are predictable and not left to assumption.
Yes, the template is free to edit and use, and Portant can fill it from your data, export it as a PDF or Word document, and send it for e-signature. It is a starting point, not legal advice, so have a lawyer review the final agreement for high-value partnerships.
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