Performance contracting provides a contractor with performance specifications or requirements. These requirements must be met through means and methods determined by the contractor. These performance requirements are then continuously measured against a set of performance indicators as a basis for payment.
Ing to Boundy (2012), typically, a written contract will include: Date of agreement. Names of parties to the agreement. Preliminary clauses. Defined terms. Main contract clauses. Schedules/appendices and signature provisions (para. 5).
Performance agreements define executive accountability for specific organizational goals, help executives align daily operations, and clarify how work unit activities contribute to the agency's goals and objectives. Collaboration across organizational boundaries.
In general, road managers handle tour details for their specific band, while tour managers are used to oversee the logistics, finances and communications for tours as a holistic entity.
For a young-gun tour manager just starting out on a van tour, the average salary is anywhere between $1000 – $1500 per week. With a few years of touring experience, the average tour manager's salary can range between $2000 – $3000 per week, depending on the organization and responsibilities.
Kind of in general if it's a solo artist with hired musicians the artist has a bus of their own that maybe their tour manager and assistant are on, band and crew have a separate bus/buses, but a lot of times the artist will fly ahead anyway. If it's a long drive, like a few days, they may fly home in between.
Most employers prefer a degree in business management, music, communication, marketing, entrepreneurship or a related area. To stand out among the competition, additional recommended courses include psychology, business law, logistics, accounting or tourism and travel management.
Common Sections in Artist Management Agreements ARTIST MANAGEMENT AGREEMENT. BACKGROUND. Services Of The Manager. Rights And Authority Of The Manager. Term. Compensation. Accounting. Expenses.
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.
How to draft a contract between two parties: A step-by-step checklist Know your parties. Agree on the terms. Set clear boundaries. Spell out the consequences. Specify how you will resolve disputes. Cover confidentiality. Check the legality of the contract. Open it up to negotiation.