Unmanaged Contract
When it comes to business contracts, there are two main types: managed and unmanaged. Managed contracts are ones where the company takes care of all the details and paperwork involved in setting up and maintaining the contract. Unmanaged contracts, on the other hand, are much more hands-off. The company provides the basic framework for the contract, but it’s up to the individuals involved to fill in the details and make sure everything is taken care of.
There are pros and cons to both managed and unmanaged contracts. Managed contracts can be more expensive, but they’re also less likely to have any problems or issues arise. Unmanaged contracts are often cheaper and easier to set up, but they can be more prone to problems down the road. It’s important to weigh all of these factors before deciding which type of contract is right for your business.