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Business Law
- How do we pay another company a royalty for selling our products to their customers?
Claudius du Plooy
Business LawHow should you write a revenue sharing, royalty or consignment agreement? Short answer is you shouldn't unless you're a lawyer.
Find a lawyer who has experience writing these types of agreements - they may even have a "boilerplate" agreement that could be edited for your purposes which will save you the cost of having an agreement written from scratch.
Improperly drafted language can raise a host of misunderstandings - or worse, cut you out of compensation that you're rightfully entitled to. Leave this one to an expert.
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About Claudius du Plooy
Claudius du Plooy, BComm, LLB, LLM is Founder of Claudius du Plooy Law Firm, a practice focussed on business law (corporate commercial law), securities law, commercial real estate development, entertainment law and international trade law. Claudius is passionate about SMEs.
