For every partnership draft a partnership agreement. Where it is going to have some disclosure of sensitive information that has to do with the trade secrets, have a non-disclosure agreement.
Where it involves an independent contractor, draft a contract agreement. Let all oral discussions be put into the contract.
Always get a lawyer to review and draft the agreement. Also, involve a lawyer during negotiations too.
A Memorandum of understanding does not amount to a contract between the parties.
Checklist for a business
Business plan
Business registration
Business proposal
License for the business where applicable
Corporate Account
Scmul certificate where applicable
Partnership agreement, contracts PR employee contract agreements where applicable.
Trademarks or patents where applicable
Smaller brands may decide to go into private labelling to have their own products bearing their brand names.
Make sure you monitor the production and packaging.
Make sure you have a SON certification such as Mancap and export license where the products are to be exported out of Nigeria.