Salon Business Partnership Agreement Template for India

1. Non-Compete and Confidentiality: Restrictions on competing businesses and protection of confidential information, recommended when partners have existing salon businesses or industry connections

2. Intellectual Property: Protection and ownership of salon brand, techniques, and promotional materials, important when developing unique service methods or branding

3. Equipment Leasing: Terms for leasing salon equipment, relevant when equipment is leased rather than purchased

4. Partner Death or Incapacity: Procedures in case of death or incapacity of a partner, important for partnerships without separate succession agreements

5. Marketing and Branding: Guidelines for marketing activities and brand management, relevant for salons focusing on brand building

6. Future Expansion: Terms for opening additional locations or franchising, important for partnerships planning growth

7. Partner Buy-in/Buy-out: Procedures for adding new partners or existing partners leaving, useful for partnerships anticipating changes in composition

1. Schedule A - Capital Contributions: Detailed breakdown of each partner's initial and committed capital contributions

2. Schedule B - Asset Inventory: List of salon equipment, furniture, and assets with valuations

3. Schedule C - Services and Price List: Comprehensive list of salon services offered and their pricing structure

4. Schedule D - Operating Procedures: Detailed operational guidelines and standard procedures for salon services

5. Schedule E - Staff Policies: Employee handbook and staff management policies

6. Schedule F - License and Permits: Copies of all required licenses, permits, and certifications

7. Schedule G - Insurance Policies: Details of insurance coverage and policy information

8. Appendix 1 - Floor Plan: Salon layout and space allocation plan

9. Appendix 2 - Brand Guidelines: Salon branding and marketing guidelines