You will no doubt want to consider the following, but you are certainly free to (and encouraged to) discuss any other issues you believe to be pertinent: management issues liability issues taxation issues inheritance issues nepotism If you opt for a partnership form, you will need to discuss what law you are using and what provisions will be addressed in the partnership agreement.

Management issues are one of the most prominent issues that must be addressed in a partnership agreement.

Explanation:

Apart from capital contributions by partners, management issues are pertinent.  Management issues include record keeping, dealing with customers, supervising employees, negotiating with suppliers, and relating with third parties. Other important partnership issues to be addressed include partners' authority, decision making, sharing of profits and losses, admission and departure of partners, industry issues, and partnership disputes.

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