There are many important agreements that community organisations might enter into. It's important to get the details right from the start to avoid problems later.
Important agreements
Some agreements like leases and partnerships agreements can form the backbone of the operation of not-for-profit groups. These important agreements should be carefully considered and negotiated.
It is important to understand agreements that your organisation is signing, and look out for particular issues that may affect your organisation down the track. Types of agreements that can raise issues for not-for-profits include:
- funding agreements
- partnership agreements
- leasing or property purchase agreements
- IT service agreements, and
- employment agreements.