Since most businesses, particularly small business owners, lack the time, tools and expertise to handle all tasks related to starting, running and marketing their operations, they rely on assistance from professional service firms and institutions such as Chambers of Commerce, Trade Associations, Business Management Consultants etc. Professional service firms provide experts whose vocational training and experience makes them experts in their given fields.
When you need specific assistance in the development of your business into the EU and other international markets, you can contact ExportTrade.EU here (no obligation).
A manufacturers' representative (rep), also known as independent sales representatives or sales agent, is an individual, sales agency or can be a company that sells a manufacturer's products to wholesale and retail customers.
When a manufacturer hires a manufacturers rep firm, this usually means that a contract is signed between the two companies, which empowers the rep to sell, or solicit sales for, the manufacturer's products as an agent in a defined territory. The products are usually ordered directly from the manufacturer by the purchaser, who then pays a sales commission to the manufacturers rep firm. The commission rate varies according to the market and the product type. It can be anything from 1% to 50%, although a more typical commission rate would be 10% to 25% for low-cost or consumer products and 5% to 10% for high cost or industrial products.
An international manufacturers' representative may be responsible for, in addition to sales solicitation, handling inventory, dealing with tariffs, and complying with government regulations.
Activities of businesses and industry in the UK, including data on the production and trade of goods and services, sales by retailers, characteristics of businesses, the construction and manufacturing sectors, and international trade.
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The Customs Decisions System As of 2 October 2017, the transitional arrangements for applying for customs decisions will end and economic operators will have to introduce all new applications for customs decisions or authorisations electronically and according to the new UCC requirements.
