document a collaboration project between your company and a business partner using the above template, which is proved to be of great help. the parties involved in the collaboration must have an agreement with the things they have discussed as a part of their business dealings. the above template is a sample collaboration agreement, that shows how an agreement that helps in merging or mixing two business entities can be drafted. the budget is very important, as it shows the incomes and the expenses one can have with regards to the collaboration.