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A management agreement is a legal contract through which a company enables another company to have control of another business's operations. Business owners often sign these written agreements directly with the management company.
A management agreement is a legal contract through which a company enables another company to have control of another business's operations. Business owners often sign these written agreements directly with the management company.
The main purpose of a management contract is to lay out the terms and conditions of the relationship. This includes the duties and responsibilities of the manager, as well as the compensation they would receive for their services.
A business management agreement is a contract between the owner of a company and one or more people responsible for managing the company. It outlines the specific roles, responsibilities, and duties of each party involved.
(Learn how and when to remove this template message) A management contract is an arrangement under which operational control of an enterprise is vested by contract in a separate enterprise that performs the necessary managerial functions in return for a fee.