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A distribution arrangement is made between the supplier (principal) who sells his goods to the distributor and the distributor will, as a separate transaction, sell the goods to his customer.
There is no contract of sale between the supplier and the ultimate purchaser of the goods.
Put simply, the distributor will buy the goods from the supplier [...]
Most businesses (and particularly those that wish to trade nationally or internationally) use intermediaries in their dealings with the outside world. ‘Agents’ can provide businesses with, amongst other things, specialist knowledge of a particular market, commodity or area and an immediate presence for negotiating contracts in any geographical location. They can also be used to [...]
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A franchise agreement is a crucial document whether you are the franchisor or the franchisee.
Franchisees
If you are a franchisee buying a franchise is a significant investment and you should not sign any agreement, or pay any fees or deposit, until you have taken legal advice from a solicitor.
The simplest way to begin is to obtain [...]
Company formation to most people means forming a company limited by shares and is often know as a “private limited company”. Shares are issued and directors are appointed by the shareholders (often the same people in a small business).
The benefit of this type of company over a partnership is that the shareholders have limited liability [...]
A confidentiality agreement (also known as a non-disclosure agreement or NDA) is required in the early stages of any discussions you may have about sharing your business knowledge with another party.
Time and time again we come across companies who have entered into talks with another business and shared information only for negotiations to break down [...]
If you’re the owner of a successful and profitable business and it operates against a model and systems that you believe could easily be taught to others, then you might want to consider leveraging your success by setting up a franchise operation. Franchises exist in all market sectors and in a variety of different forms [...]
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Internet legal compliance is important for anyone who owns a web site or provides internet services of any description.
Legal compliance for web site owners
It is amazing how many businesses who understand the importance of protecting themselves in their normal course of business simply neglect to protect themselves from claims and damages caused from people using [...]
Although a written partnership agreement is not required to form a partnership it is vital to avoid uncertainty and the automatic application of unsuitable statutory law. A partnership is created when two or more people come together in business to share profit and losses.
This type of agreement is usually made for relationships of a long [...]
A shareholder agreement is perhaps one of the most important documents a privately owned company can have.
Shareholder agreements are so important because they provide a method for:
Resolving shareholder disputes
Preventing the personal circumstances of one shareholder affecting the company or other shareholders
Defines the powers of the shareholders
Defines the procedures and limits within which the [...]
Terms and conditions form a basic but vital part of any business transaction.
Whether you sell to other busineses or direct to the public your terms and conditions are there to protect your rights, limit your liabilities and provide you with some security when you sell your goods or provide a service.
In your standard terms and [...]
