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• Golf Course Management <br /> and Operation Contracts <br /> Introduction <br /> The difference between success and failure in a modern golf operation will <br /> hinge on how well managment is able to make sound fiscal decisions. <br /> Properly executed contracts are an intricate part of club operations today. <br /> No longer can management depend on a handshake or other forms of <br /> "gentlemans" agreements to cover the terms of business relationships <br /> between the club and other groups or agencies. Contracts, generally <br /> provide protections to the golf facility, concessionaires, employees and <br /> ultimately to the golf patron. <br /> The articles in this Overview consist of several different types of sample <br /> contracts. They include much diverse topics as managment contracts and <br /> concession agreements. This sampling is not intended to take the place of <br /> consultation with competent legal services. Such services can design and <br /> prepare documents that are specific to the needs and unique characteris- <br /> tics of the individual golf facility. In this way the fiscal document will <br /> contain in precise terms, all of the conditions to which the concerned <br /> parties agree. <br /> • <br /> 1 <br />