Appointing a management company or being appointed to manage another business?

Appointing management company or being appointed as a manager requires a high level of trust and involves significant risk for both the business owner and the manager. Understanding the risks and clearly defining each party's rights and responsibilities in writing is the key to a successful relationship.

Tyler & Co has long experience in crafting management agreements that protect the interests of the parties and minimise the possibility of disputes that may lead to litigation.

To help you establish and maintain lasting management contracts, Tyler & Co can:

• Assist you in negotiations with the other party;
• Draft agreements that are tailored to your particular management arrangement and preferred method of operation;
• Advise you on ways to improve your business procedures; and
• Help you modify your management terms if you have experienced problems with the other party to them.

Contact us for a checklist of issues to take into account when negotiating your management agreement.

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