When you’re expanding your business into new markets and new territories, you may want to strike up a relationship with a distributor. It’s one of the lower risk ways for you to reach new markets.
By setting out the parameters of the relationship at the outset, you and your distributor both understand what’s expected and you can grow your business without disruptive bumps in the road.
Speak to one of our lawyers to discuss the key terms you need to agree and how you make sure that you stay on the right side of competition law.
What you will get from this service
- A 30-minute consultation with your lawyer to align objectives. You’ll discuss:
- The key terms you’d like to define in the agreement, such as: (i) whether it’s an exclusive or non-exclusive relationship (ii) pricing (ii) minimum quantities (iii) undertakings (iv) regularity of supply
- Your goals and objectives with the relationship
- Any specific questions you have
- You receive a competition-compliant distribution agreement, which you can use to engage distributors in the UK.
- An optional follow-up telephone call (lasting no more than 30 minutes) if you need any clarifications on your new document
What this service will enable you to do
You will have a legally binding, competition compliant document that regulates the relationship between the you and your distributor. If you choose to engage your distributor on non-exclusive terms, this documents may be used as a precedent for other distributors with whom you agree the same terms. With a distribution agreement in place, you can expand the reach of your product into new markets and geographical areas.
What happens after I hire a lawyer?
You send your lawyer proof of ID and address and your lawyer checks for conflicts. You send any relevant documentation to your lawyer. Your lawyer send you a client engagement letter to sign and return.
2. Personal Consultation
Choose between a phone, online or face-to-face meeting with your lawyer
3. Draft documentation
Your lawyer sends you a draft version of the document for you to review
4. Revisions and approval
You review the draft, provide comments if necessary, and request revisions. Your lawyer will provide you with another iteration, incorporating your changes as far as possible. Once you’re happy with the document, you approve the final version.
5. Leave a review of your Experience
Leave a review for Legal Drop and your lawyer