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Billing is a breeze with a Microsoft invoice template. Easy-to-use and professionally designed, these free invoice templates streamline your administrative time so you can get back to running your business. Excel and Word templates for invoices include basic invoices as. 16 Quick Document Editing and Review Tricks in Word at YouTube.com - This is a great how-to video created by Rishabh of YodaLearning.com showing various shortcuts and tricks in Word using the Vertex42 Bill of Sale template as an example. Templates.office.com - This is Microsoft's gallery of templates for Word. You can find even more by opening. Open Microsoft word. Double-click the Word icon, which resembles a white 'W' on a dark-blue background. Depending on your Word settings, this will either open a new document or bring up the Word home page. If the Word home page opens, skip to the 'search for a template' step.

Allow me to share with you these 15 Free Partnership Agreement Templates to help you in drafting your very own Partnership Agreement. You can also checkout our collection of Loan Agreement Templates as an alternative.

When it comes to creating printable partnership agreement templates, there are a number of options available to help you. In a general partnership, each partner shares in the liability for management and liability, as well as joint ownership and control. Perhaps the most important part of any agreements is to clearly define terms of partnership. Some basic tips and formats that can be used include: two people namespaced with hyphen, a one line description of the partnership (or the responsibilities of each party), and the names of both partners. All of these are just examples and it’s best to use them as a guide, rather than as a template.

Two-person partnership agreement templates are the easiest and most affordable options. They are simple and convenient and can fit the smallest of partnerships. Two person agreement templates can easily be worked with by an individual or a firm. If you are trying to create a complete agreement, then using a template with two separate names on each page works best. Using different names on each page, saves time and makes the agreement easier to follow.

Another option for creating printable Partnership Agreement Templates is using ready-made templates. These are documents, often in Word, Excel or text format, that already have the necessary information outlined for the agreement. Templates are often provided by the company that creates the agreements or by the law firm at which the agreements are created. With this type of arrangement, it is possible to quickly get a full working document, complete with all of the relevant information. This option can be cheaper than hiring a lawyer to create the agreements for all of the parties involved in the partnership.

Creating printable Partnership Agreement Templates that include the responsibilities of each partner is the next step. The partners should first determine their business structure. Many individuals use a partnership model where there are one partner and many partners. In other cases, business models are based on limited liability or corporations.

Once the business structure has been determined, the partners should identify their individual partnership agreement responsibilities. Each partner should determine what they individually own and what they have responsibilities for. An individual partner may have joint ownership interests, while others will have article vi partners and others will own none.

After the specific partnership agreement responsibilities have been determined, the partners should discuss their individual day-to-day responsibilities. Each partner should document their responsibilities in detail, including what they have the right to do, who has the authority to do it, when it must be done, and who the right person is to contact for instructions. All of these issues should be documented in a legal journal kept by the partners. Once all of the documentation has been done, the partners should agree on a schedule for reporting and allocating funds. This schedule should be agreed upon before the schedule is to be set in stone.

If an article viii partnership agreement is being prepared, each partner should provide information about their ownership interests. All information provided should be in writing and each partner should sign the agreement on their own. The partners should also include clauses about how any monies received will be divided among them. Any information about debts, duties and expectations that were not previously discussed between the partners should be recorded in the final document.

A free template for these documents can be found on the web. These documents are perfect for use with free Microsoft Excel spreadsheets. These spreadsheets allow business activities to be planned easily. The templates can be used to create a working outline. The outline will then be divided into project teams and each team will be required to complete their part of the plan.

15 Free Partnership Agreement Templates

Here is preview of this Partnership Agreement Template 01 in MS Word format.

Here is preview of this Partnership Agreement Template 02 in MS Word format

Here is preview of this Partnership Agreement Template 03 in MS Word format

Here is preview of this Partnership Agreement Template 04 in MS Word format

Here is preview of this Partnership Agreement Template 05 in MS Word format

Here is preview of this Partnership Agreement Template 06 in MS Word format

Here is preview of this Partnership Agreement Template 07 in MS Word format

Here is preview of this Partnership Agreement Template 08 in MS Word format

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Here is preview of this Partnership Agreement Template 09 in MS Word format

Here is preview of this Partnership Agreement Template 10 in MS Word format

Here is preview of this Partnership Agreement Template 11 in MS Word format

Here is preview of this Partnership Agreement Template 12 in MS Word format

Here is preview of this Partnership Agreement Template 13 in MS Word format

Here is preview of this Partnership Agreement Template 14 in MS Word format

Here is preview of this Partnership Agreement Template 15 in MS Word format

Company Shareholders Agreement:

When a company is operated by two or more than two partners, they need to have an agreement or contract for the sake of their own security. This document that includes the rights, obligations and function of each shareholder in the company’s operations is known as the shareholders’ agreement. This is a legal document and when a shareholder signs the agreement, he is obligated by the contract to obey and follow the terms and conditions included in the agreement.

Important Elements to add in the Agreement:

Selling of Shares:

The agreement should have the section for explaining the process of selling the shares by one or more partners. This will include the criteria of selling the shares and including a new partner in the company with the bought shares.

Veto Power:

Veto section is one of the most important sections in the shareholders’ agreement and this section explains the power of each shareholder to veto a decision or suggest his own thoughts.

50/50 Situation:

It is possible that when there are two shareholders with equal shares, they can face a situation in which they won’t agree with each other. This can result into a deadlock which will prevent the company from operations. It is important to include the solution for such situation.

Non-compete Clause:

The agreement should have the clause for all the shareholders that if they decide to get out of the partnership, they won’t start their own company because of the noncompeting clause in the agreement that is applicable for all the shareholders including minority and majority share owners.

Additional Issues:

It is possible that the agreement needs to have other issues addresses in it so if there is anything that isn’t enlisted above; you have added those issues in the additional section.

Crucial factors to consider for this Agreement:

  • Enlist the issues to include in the agreement:
    First of all, you need to have the list of the issues or problems that are very important to add in the agreement. This way you can discuss these elements or problems with the shareholders and then you can decide which ones you want to add in the agreement and which ones are not necessary to include in the contract.
  • Define the interest of all shareholders:
    Profit is not the only thing the shareholders invest in a company for but there are dozens of other reasons too. You need to have a meeting with shareholders and ask them what their interests are to invest in the company. Then you need to mention these interests in the agreement.
  • Define the person with decision making power:
    It depends on each organization and partnership that either the shareholders make the decision together or they select a director who makes all the decisions. In the agreement, it is really important to mention the person who will make all the decisions without any questions from shareholders.
  • Define the voting power of the shareholders:
    In the agreement, you need to mention who has the most voting power and what the criteria is for deciding. Generally, the person with majority shares is the one who makes the decisions and has the voting power but each company and shareholders can have their own conditions with mutual agreement.

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Smartsheet Contributor Kate Eby on Jan 29, 2018

Businesses of all sizes and across all industries rely on multiple processes in order to function smoothly. Documenting business processes can help companies identify inefficiencies, implement changes, and provide uniform understanding of how a process works and who is involved. A process document compiles information about a specific process by detailing the necessary steps, and serves as a reference guide. Having this information in writing helps ensure that workflows are operating according to guidelines, provides structure for process management, and assists with knowledge transfer when employees change roles or when training new hires. From defining consistent standards to improving business performance, there are many reasons to document processes.

To save you time with process documentation, download one of the free Microsoft Word or Excel templates below and create a customized, reusable document for your business.

Business Process Document Template - Word

Create a formal business process document using this outline for Microsoft Word. The template includes typical sections for documentation — including process purpose, flow, roles, and other details — and can easily be edited to suit your particular needs. Simple formatting makes this template easy to use and share with team members, stakeholders, and other interested parties.

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Simple Process Document Template - Excel

This documentation template provides a basic format for entering process details along with a flowchart for visual mapping. Customize the template by editing or adding sections based on your specific business and project. Since this is an Excel template, you can also add new sheets for tracking and analyzing process measurements. Print the template by saving it as a PDF file.

Business Process Flowchart - Excel

Use this flowchart template for process mapping and add it to your business process document. Flowcharts are often created using Visio or other mapping software, but this simple template provides symbols that you can cut and paste for an easy and cost-effective solution. Create a visual representation of each step in a business process.

Process Documentation Benefits

Process documentation can affect not only the efficiency of individual processes, but also the overall performance within a business. Here are a few of the potential benefits that can result from accurate documentation:

  • Facilitate Transitions: Documentation can provide a close-up look at a given process as well as a larger context for how it fits with other business practices. This information is useful for determining how to integrate multiple processes or to make changes to an individual process. For example, if you’re switching from a manual process to automation, having a process document in place can help ease the transition.
  • Improve Communication: Having a process guide encourages mutual understanding across an organization, which supports planning and implementation for new projects or process changes. It can also streamline training for new employees or when outsourcing projects. The documentation process can also spark discussion among stakeholders, potentially leading to innovation and improvement.
  • Provide Structure: Defining the boundaries and control points for a process provides clarity about procedures and outcomes to help ensure it is being carried out efficiently.
  • Reduce Costs: If you can increase efficiency while improving quality, the result is likely to be a boost to your bottom line and to customer satisfaction.


For all the advantages of process documentation, there can also be some drawbacks. For instance, if a process is recorded incorrectly, the document will be inaccurate and potentially harmful. The person responsible for documentation should have a thorough understanding of the process or be part of a team of stakeholders that can help ensure accuracy. Having clear guidelines for process management procedures can provide structure and accountability for whoever is developing the document. A project may also be slowed down initially as the documentation process takes place, but ultimately it should support efficiency and expedite any changes to a process that might be needed in the future.

Best Practices for Documentation

Microsoft

A clear and concise process document can help manage timely changes and provide a valuable reference guide. To be effective, it needs to be thorough and well-written so that readers can utilize the document. Here are some best practices and tips to keep in mind:

  • Watch for possible improvements while going through the documentation process.
  • Review documents regularly and revise them as processes change. Keep track of process changes by including a “change history” section in the document.
  • Solicit feedback from employees involved in a process to get details on how activities are executed, the importance of different steps, and other relevant insights.
  • Include images and flowcharts to illustrate process steps.
  • Use a template for process documentation in order to standardize the approach and final document.
  • Create separate documents for individual processes rather than grouping them together in a single document.


The above tips apply to documenting business processes. This is different from software documentation, a term that can apply to various stages of software development, from documentation during planning and management to creating user manuals for final products.

What to Include in a Business Process Document

Making a process document can be as simple as following the outline of a template, but you’ll need to customize it to fit the needs of a specific business. Once the template has been fine-tuned, it can serve as a guide for others within an organization to follow. Below are sections commonly included in a process document:

  • Process Name: Sum up the process with a descriptive name that distinguishes it from other processes.
  • Introduction: This section may include background information, describe the purpose of the process, and explain the process scope. A scope statement can include both what is and is not included in a process. You may also choose to include an applicability matrix for a quick, visual guide to the process scope and roles involved.
  • Process Inputs: Identify what input or need triggers the start of the process.
  • Process Boundaries: Define clear parameters for where a process begins and ends.
  • Process Flow: Use a flowchart or list all of the tasks involved in a process and their organization. Providing a visual illustration of the steps in a process can help readers quickly understand how it flows from start to finish.
  • Process Outputs: This may be an actual product or less tangible result, but all processes have a purpose that they are designed to achieve. An output may actually be outside of the defined boundaries of a process, but knowing the expected outcome is relevant to understanding a process.
  • Exceptions: Outline the exception management process, which is how exceptions to the normal process flow will be handled when they arise.
  • Roles and Responsibilities: Multiple people may be responsible for carrying out different aspects of a business process. Include a list all of the roles and their associated responsibilities so that it’s clear who to contact when a problem occurs or a change needs to be implemented. Some process documents include a decision matrix to illustrate who can make decisions about different elements of a process.
  • Process Approval: Outline procedures for reviewing, revising, and approving process documents.

A process document may also include specific measurements for tracking process performance, a reference section for citing other documents, and a change history for recording updates.

Free Handout Templates For Word Document Free

Process Documentation for Healthcare Organizations

Healthcare organizations rely on accurate, real-time clinical documentation and process records to make quick, agile decisions, track, analyze, and report on the progress of a patient, clinical study, or other health-related research, and facilitate communication across the organization.

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Documentation is also necessary for healthcare providers when evaluating claims and reviewing patient information. Additionally, healthcare companies must abide by stringent security measures, ensuring that all processes, data, and health information are securely stored, tracked, and maintained. To ensure optimal quality of care, foster communication between providers and patients, and maintain confidentiality of data and information, you need a powerful, real-time tool that empowers healthcare organizations to effectively manage documentation.

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Smartsheet is a work execution platform that enables healthcare companies to improve work efficiency, scale repetitive processes, and securely store and share protected health information. Track and manage important documents in one centralized location and share reports with authorized team members, while maintaining top-level data security and protection under HIPAA regulatory requirements.

Interested in learning more about how Smartsheet can help you maximize your efforts? Discover Smartsheet for Healthcare.

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