Furthermore, from a liability perspective, nobody should start a business without seeking an attorney. Too often, taxpayers start a business because there was a profit potential, and unknowingly operate a very dangerous business from a liability perspective as a sole proprietorship. Do not create or download a generic agreement that provides very little protection from your business partners, or is drafted with very little consideration of the particulars of your business. Take the extra time and make sure that if the day ever comes, you are protected from the unexpected.