Commercial Agents
We know how to provide you with focused and pragmatic solutions to all your property needs – whatever the size of your business.
Our highly experienced team of expert commercial property lawyers at MDG Professionals knows how to provide you with clear and highly commercial advice whatever the size of your business.
Navigating Commercial Agency Agreements in the UK: Protect Your Business with MDG Professional
If you’re a UK-based business selling goods with a self-employed sales force, you’re likely aware of the Commercial Agents Regulations 1993. These regulations provide significant protections to commercial agents, making careful planning and legal advice essential for principals.
Parting company with a commercial agent can be a potentially expensive undertaking. MDG Professional is here to help you take control and minimize your risk.
Understanding the Regulations:
While the regulations require agents to act “dutifully and in good faith,” they are far more prescriptive regarding the principal’s obligations. This imbalance highlights the importance of seeking legal guidance before engaging a commercial agent.
Key Benefits of a Professionally Drafted Agreement:
-
Control: A well-drafted agreement gives you more control over the relationship and potential termination liabilities.
-
Risk Mitigation: Clearly defined terms help minimize the risk of disputes and costly compensation claims.
-
Clarity: We’ll explain complex legal terminology like “agent,” “principal,” “compensation,” and “indemnity” in plain English.
MDG Professional: Your Partner Throughout the Business Lifecycle
Ashtons’ Corporate and Commercial Solicitors are committed to understanding your business and helping you identify and capitalize on new opportunities. We provide comprehensive support at every stage, from creation and growth (through investment or acquisition) to eventual sale.
Our goal is to build long-term relationships with you, enabling us to provide the best possible advice as your trusted advisors.
Our Corporate Law Expertise:
-
Mergers & Acquisitions
-
Management Buyouts
-
Share Reorganizations & Demergers
-
Share Options & EMI Schemes
-
Own Share Purchases
-
Investments (Crowd Funding, Venture Capital, Angel)
-
Joint Ventures
-
Shareholders Agreements
-
Corporate Governance
Our Commercial Law Expertise:
-
Commercial Contracts
-
Intellectual Property
-
Data Protection/GDPR
-
Technology Contracts
-
Cooperation Agreements
-
Franchising
-
Terms & Conditions
-
Website Terms of Use
-
Supply Agreements
-
Agency & Distribution Arrangements
-
Outsourcing
-
Non-Disclosure/Confidentiality Agreements
Who We Serve:
-
Business Owners (buying/selling)
-
Investors (seeking/providing)
-
Owner-Managed/Family-Owned Businesses
-
National Organizations
-
Entrepreneurs & Start-Ups
-
Growing & Expanding Businesses
-
Established Businesses
How We Can Help:
During the day-to-day operations of your business, you are constantly entering into contractual relationships. We provide expert guidance to help you determine the appropriate level of formality and ensure your interests are protected.
Our Corporate and Commercial Lawyers Will:
-
Understand your objectives and tailor our advice accordingly.
-
Help you manage risk and safeguard your interests.
-
Help you avoid future disputes.
Take control of your commercial agency agreements. Contact MDG Professional today to discuss your needs and protect your business.