A business management agreement formalizes the working relationship between a business and its manager. The contract will include information such as budgeting, the percentage of business revenue owed to the manager, and confidentiality requirements.
A management agreement governs the relationship between an artist and their manager, and sets out their respective obligations.
The stages of contract management can be broken down into pre-signature (creation, negotiation/collaboration, and review/approval) and post-signature (administration/execution, renewal/termination, and reporting/tracking).
A Management Agreement is a contract between a property owner and a designated manager that outlines the responsibilities and expectations of both parties in managing the property. It typically covers tasks such as rent collection, maintenance, repairs, and tenant communication.
Some examples of Contract Management activities are: Phone calls with suppliers; Meetings with suppliers; Score carding of suppliers; Site visits; Analysing performance information; Problem solving; Benchmarking against other similar contracts/suppliers; Analysing management information.