Hey we are about to sign a contract with a cosmetics brand as a "distributor". Since it's the first time doing that I would appreciate some advise if possible.
We are planning to sell online through Shopify and then using FB ads
Corner points of the contract: We are not allowed to sell products which might be competing with theirs.
In the first year a revenue of 100.000€ is expected otherwise the company is free to cancel the contract.
No exclusivity for my country granted, although we are right now the only ones selling their products here.
And some more less important points, I think.
Is there any advise you could give on what to negotiate? What might be pittfalls?
Thank you in advance!