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Agency, franchise and distribution

If you are thinking of starting a new business or expanding a current business, an agency, franchise or distributorship framework could be an excellent opportunity. We can outline the pros and cons.

Agency

A principal appoints an agent to negotiate and conclude sales on their behalf.

Franchise

This model concerns the owner of a business who has developed a good reputation and an efficient system. Once this has been done, the owner can allow (i.e. franchise) others to use and operate the business’ name and system.

Distribution

A manufacturer agrees to allow a distributor to sell its products. A distributor is similar to an agent except that the distributor is selling on his own behalf and does not have the ability to enter into binding contracts on behalf of the manufacturer.

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"I would highly recommend the services of Simon Dakin, he is the ideal person to have at your side when needing commercial business advice. His great attention to detail and client focus ensures that you leave with a feeling that nothing has been to much trouble. If you want a professional, personal service from someone who cares about what he is doing, look no further."
Andy Hogben, Managing Director of Quadrant Events
"Actons' team of ‘experienced’ advisers provides ‘clear and concise advice’. The department primarily focuses on owner-managed businesses and small-to-medium-sized enterprises, but also regularly undertakes work for banks and other funding providers."
The Legal 500 2018 (Insolvency and corporate recovery)
"Actons have acted for NEST Management Limited for over 10 years on all legal matters including a range of complex agreements, trademarks, property and employment. During that time Simon has been our key advisor and has helped us in all aspects of our legal requirements. We are delighted to work with Simon who we see as vital extension of our own team and an important part of our Company’s success."
Gerard Turvey, Managing Director of NEST Management
"‘Very knowledgeable’ practice head Simon Dakin, who impresses with ‘an abundance of common sense and good commercial instinct’,"
The Legal 500 2018 (Corporate and commercial (Notts & Derby))

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