Business Practice Area: Agency Sale Specialisation
The Business practice area focuses on helping companies and individuals with their commercial activities. One important part of this area is Agency Sale. This involves the sale of goods or services through agents who represent a business.
What is Agency Sale?
In simple terms, an agency sale is when a business hires someone (an agent) to sell its products or services on its behalf. The agent does not own the products; they simply help sell them. For example, a local winery in New Zealand might use an agent to sell its wine to restaurants and shops. The agent earns a commission for each sale they make.
Why is Agency Sale Important?
Agency sales are important for businesses because they can reach more customers without having to set up their own sales team. This is especially useful for small businesses that may not have the resources to hire full-time staff. For instance, a small craft brewery might use an agent to get its beers into bars and supermarkets across New Zealand.
Legal Aspects of Agency Sale
In New Zealand, there are specific laws that govern agency sales. These laws ensure that both the business and the agent understand their rights and responsibilities. For example, the Contract and Commercial Law Act 2017 outlines how contracts should be formed and what happens if there is a dispute.
How We Can Help
Our team of legal experts can assist businesses in setting up agency agreements. We ensure that the contracts are clear and fair, protecting both the business and the agent. We can also help resolve any issues that may arise during the agency relationship.
Conclusion
Agency sales are a valuable way for businesses in New Zealand to expand their reach and increase sales. With the right legal support, both businesses and agents can work together successfully. If you are considering using an agent to sell your products or services, we are here to help!