64+ Management Agreement Examples

Often, when you think you’ve got everything under control, that’s when everything goes out of hand instead. Instead of treading down the negative thought trail of thinking that you’ve failed, consider the possibility that you just need management assistance. This is why management companies exist—to lend you their expertise in management. Strike a beneficial partnership with them by using a reliable management agreement. A management agreement will help both you and a management agency develop an operational plan that works for your enterprise and brings out a promising future deal.

64+ Management Agreement Examples

Management Agreement Example

Construction Management Agreement

Restaurant Management Agreement Template

Commercial Property Management Agreement

Business Management Agreement Sample

Property Management Agreement Example

Marketing Services Agreement Template

Agency Agreement Corporate Duties Template

Business Investment Agreement Template

Consulting Agreement Template

Property Management Agreements

Property Management Service Agreement

Free Property Management Agreement

Residential Property Management Agreement

Landlords Property Management Agreement

Investment Management Agreement Example

Standard Investment Management Agreement

Discretionary Investment Management Agreement

Artist Management Agreements

Exclusive Artist Management Agreement

Free Artist Management Agreement

Basic Artist Management Agreement

Construction Management Agreements

Proposed Construction Management Agreement

Construction Management Services Agreement

Standard Construction Management Agreement

Event Management Agreements

Event Contract Management Agreement

Event Management Partnership Agreement

Event Management Client Agreement

Hospital Management Agreement Examples

Hospital Management Services Agreement

Hospital Management Agreement Format

Asset Management Agreements

Property Asset Management Agreement

Hotel Asset Management Agreement

External Asset Management Agreement

Personal Management Agreements

Personal Financial Management Agreement

Artist Personal Management Agreement

Hotel Management Agreement Samples

Standard Hotel Management Agreement

Simple Hotel Management Agreement

Project Management Agreements

Construction Project Management Agreement

Building Project Management Agreement

Business Management Agreements

Retail Business Management Agreement

Small Business Management Agreement

Artist Business Management Agreement

Cash Management Agreement Examples

Cash Management Service Agreement

Cash Management Essentials Agreement

Treasury Management Agreements

Treasury Management Services Agreement

Treasury Management Master Agreement

Rental Management Agreements

Exclusive Rental Management Agreement

Cottage Rental Management Agreement

Residential Rental Management Agreement

Management Consulting Agreements

Construction Management Consulting Agreement

Project Management Consulting Agreement

Business Management Consulting Agreement

Real Estate Management Agreements

Real Estate Development Management Agreement

Real Estate Property Management Agreement

Real Estate Asset Management Agreement

Management Service Agreement Examples

Management Consulting Service Agreement

Collateral Management Service Agreement

Management Operating Agreements

Property Management Operating Agreement

Fee Management Operating Agreement

Relationship Management Agreements

Supplier Relationship Management Agreement

Customer Relationship Management Agreement

Lease Management Agreement Examples

Commercial Lease Management Agreement

Residential Lease Management Agreement

Hotel Lease and Management Agreement

Residential Management Agreements

Residential Construction Management Agreement

Residential Tenancy Management Agreement

Commercial Management Agreements

Commercial Property Management Agreement

Full Commercial Management Agreement

What Is a Management Agreement?

By definition, a management agreement exists between a business or enterprise and a separate entity that performs various managerial functions, namely but not limited to management of operations of a facility, its personnel, accounting, marketing, and training. This is relevant to industries that offer management services. It’s an agreement used to outline the contract terms about a company granting the management agency the power to man its business operations. The management company receives full responsibility for certain tasks to help run the process smoothly. 

How to Make a Management Agreement

Do you have a money-making rental property that you’re having difficulty overseeing? Is it located far from your residence, and are you new to the business of dealing with tenant concerns? The questions above are among The Balance Small Business’ factors to consider if you need a property manager. If your answers are all affirmative, then you might really want to hire one. When you do, follow the steps below on how to make an efficient management agreement that you can use:

1. Set the Terms and Conditions

The terms and conditions are the main highlights of any business agreement types because it contains everything that the parties should perform during the set duration of their partnership. It clearly identifies every party involved and outlines all responsibilities and limitations they have towards one another. Because it’s a management agreement, it should include the extent of the management agency’s control over the client’s operations or properties. It should also draw the border of what tasks need the client’s supervision or approval and what are those left under the management agency’s decision.

2. Draw the Timeline

An agreement can’t proceed towards approval without setting a specific timeline. Your business management agreement should have details on how long a client would allow operating management to handle their entrepreneurial affairs or their real estate leasing services, among others. This could stretch for years, but if it’s a short term business management contract, include options or conditions that would warrant a possible extension.

3. Include Breach Protocols

Even if you hope for a smooth-sailing management plan, anything is possible, which includes the possibility of encountering unfortunate incidents. To better prepare for these scenarios, including what will happen if any of the parties violate or breach the agreement’s terms and conditions. You should detail the different degrees of violations and the corresponding consequences, which could range from simply paying a fine to either a suspension or contract termination. This is also a way to impose discipline and to underline the importance of heeding their respective responsibilities.

4. Settle Management Fees

There are numerous ways to compute the management fee. It could be a predetermined value or a certain percentage of an operation’s total revenue or profit. It’s essential to include this on your management services agreement to avoid misunderstandings with regard to the compensation matters. It’s unacceptable for any management company or client to enter into an agreement without clearing the payment terms. Aside from determining the fee’s computation, include the payment schedule as well.

FAQ’s

Management is never an easy burden, regardless if it’s overseeing personnel performance, store operation, or supervising rental properties. It’s a burden that needs the expertise of the people who specialize in management. There’s nothing wrong with wanting to manage your own resources, but instead of single-handedly taking care of your business when you have very little knowledge of how they work, a management consultant wouldn’t hurt. To ensure that you’re making a deal with the right terms, get a management agreement template from any of our collections. They all vary according to different purposes. Download now!