[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"guide-payload-what-is-a-partnership":3},{"id":4,"cmsSource":5,"title":6,"slug":7,"butterSlug":7,"category":8,"state":8,"legalPage":8,"author":8,"tldr":8,"costBreakdown":9,"summary":10,"featuredImage":8,"featuredImageUrl":11,"featuredImageAlt":8,"hero":12,"headerOverride":13,"tocTitle":8,"hideToc":8,"body":15,"categories":25,"tags":42,"primaryProduct":45,"meta":48,"updatedAt":51,"createdAt":52,"_status":53},72,"payload","What is a partnership?","what-is-a-partnership",null,[],"A general partnership is created when two or more people decide to carry on a business together. A partnership usually operates in accordance with a partnership agreement. A general partnership agreement is a legal document defining how the business will operate. The agreement helps partners delineate how they will make decisions and what role each","https:\u002F\u002Fcdn.buttercms.com\u002FXKFubZxZSlCoJfIL07nb",{"overline":8,"title":8,"subtitle":8},{"title":8,"link":8,"cta":14},"Get Started",[16,20],{"id":17,"content":8,"legacyHtml":18,"blockName":8,"blockType":19},"6a0c422b6ab1b500603df2ae","\u003Cp>A general partnership is created when two or more people decide to carry on a business together. A partnership usually operates in accordance with a partnership agreement. A general partnership agreement is a legal document defining how the business will operate.\u003C\u002Fp>\n\u003Cp>The agreement helps partners delineate how they will make decisions and \u003Ca href=\"https:\u002F\u002Fwww.legalnature.com\u002Fguides\u002Fthe-various-roles-within-a-partnership\" target=\"_blank\" rel=\"follow noopener\">what role each person will play\u003C\u002Fa> in running the business. Many partnerships eventually face a crisis if they fail to create a general partnership agreement.\u003C\u002Fp>\n\u003Cp>By \u003Ca href=\"https:\u002F\u002Fwww.legalnature.com\u002Fcategories\u002Fbusiness-formation\u002Fpartnership-agreement\" target=\"_blank\" rel=\"follow noopener\">creating a partnership agreement\u003C\u002Fa>, the partners can lay the groundwork for productively solving problems and avoiding disputes in the future.\u003C\u002Fp>","guide-rich-text",{"id":21,"variant":22,"productName":23,"link":23,"cta":14,"message":8,"blockName":8,"blockType":24},"6a0c422b6ab1b500603df2af","document","","guide-product-cta",[26,30,34,38],{"id":27,"name":28,"slug":29},"6a0c422b6ab1b500603df2b0","Business Formation","business-formation",{"id":31,"name":32,"slug":33},"6a0c422b6ab1b500603df2b1","General Partnership Agreement","general-partnership-agreement",{"id":35,"name":36,"slug":37},"6a0c422b6ab1b500603df2b2","Partnership","partnership",{"id":39,"name":40,"slug":41},"6a0c422b6ab1b500603df2b3","US Article","us-article",[43],{"id":44,"name":40,"slug":41},"6a0c422b6ab1b500603df2b4",{"name":32,"slug":46,"productVersionSlug":47},"partnership-agreement","gp-9775",{"title":49,"description":50,"keyword":8,"ogImage":8},"What Is A Partnership? | LegalNature","A general partnership is created when two or more people decide to carry on a business together. A partnership usually operates in accordanc","2026-09-18T10:02:08.181Z","2026-05-19T10:57:47.086Z","published"]