one of the trending juridical entities in the business world nowadays are general partnerships. in line with this, drafting a general partnership agreement template can be a stressful endeavor for some. a general partnership agreement is a very important and crucial agreement that you must make before investing money and your industry or work to a certain joint venture. black law dictionary defines a general partnership as “a group of two or more partners or individuals in an unincorporated business.” the individuals contribute their money, property, credit, industry, or work to a common fund with an intention to distribute the profits to among themselves. you must always base your agreement on that in the course of selecting your template.