Power Is Multiplied Through Partnerships

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A business partnership is a legal agreement between two or more entities that determines shared ownership and operation of a business. A partnership may be between two people, two businesses, or shared among any number of people and organizations.

A business partnership usually begins with a verbal agreement between the business partners to form a new business or share an existing business, and that agreement is then confirmed by a written document outlining the type of partnership and details of the arrangement, signed by all parties.

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