Home Advertise Contact Blog Advertiser Login High-Yield Investments
Newsletter Signup

Business Opportunities
Change Your Life Get Into Business For Yourself Online Business Opportunities
Home-Based Business Opportunities
Licensee Opportunities
Low Cost Opportunities
Distributorship Opportunities
Home-Based Businesses
Choosing a Business Opportunity Growth and Profit Marketing and Sales
Plans and Goals Running Your Own Business Start-Up
Working From Home Entrepreneur Exchange Feature Articles
Opportunity Community Opportunity Focus In The News

Expanding Opportunity Services - It has always been our mission to provide the best customer service possible and have recently added no cost training and coaching sessions for all active advertisers. Now, we are going a step further to address the one major problem faced by opportunity owners–lack...

Drone Technology - Don’t think drones and franchises and businesses opportunities have anything in common? Think again. Drone technology is transforming the way many industries tackle a wide range of everyday services.

Drone Technology - Here is a look at how drones are impacting the way businesses...

Better Salespeople - “One thing I do know is you have to be able to sell if you own almost any type of opportunity and if you can't you should hire someone who can. Problem is what type of person makes the best salesperson that you can count on and why?", says business opportunity...

Business Opportunity for Sale

Sponsors

Get a piece of the BILLION DOLLAR APP INDUSTRY! LOCK IN A TOP POSITION. Click of Call Bill Toth Phone: (716) 345-1888
Need To Fill Positions Fastest Growing, All Inbound Call, Direct To Consumer Distribution Team In The USA! 217-718-4744
This Featured Article is live on our blog and I know could be very insightful for connectivity and ROI.
If you're a successful entrepreneur who provides others like you the chance to follow in your footsteps... Read On
When one of your busiest marketing channels limits you to 140 characters, you know that the internet sets its own rules.
Residual Income is the way that you work once and get paid multiple times—sounds great!... Read On
It’s not uncommon for an individual to have a desire to open and operate their own small business opportunity.. read on
Working-At-Home is easier said than done I know. Is this you though? Do you want the freedom of running... Read On
Be A Distributor
Work-at-Home
Small Business
Resource Center > Article
How To Better Understand an Exclusivity Clause
Share this Article:

An Exclusivity Clause is part of a larger legal document and is often overlooked by many who are eager to get started in business. In addition, many don’t take this part of the document as seriously as it should be taken, and don't truly understand the meaning after signing the legal document.

The legal and basic definition of an Exclusivity Clause is that the signer is totally restricted in selling and/or promoting only the merchandise and/or services provided by the parent company–period. In many cases, you are required to purchase from the parent company, system, product and/or service that you buy into no matter if it is a Business Opportunity, Distributorship or Franchise.

If you later decide that you want to sell for the competition at any point during that agreement the penalties can be harsh. In the best-case scenario, the parent company that you sign up with will simply cancel your agreement and most likely you’ll be stuck with the products that you’ve purchased resulting in some additional fees. In extreme cases, they can sue you and ultimately limit you from buying from other sources, which is especially true of their competitors. Also, they can limit you for a certain period of time even despite after you are no longer working and/or selling for that parent company. Franchise exclusivity clauses can be even more stringent.

You need to negotiate the terms that you’re comfortable with before you sign and know what you are getting yourself into. My advice would be that before you sign anything think of the absolute worst-case scenarios and then assess what your exposure might be. Think positively and begin to work from that point of reference.

 

Carpe Diem My Friends!


SOURCE: West's Encyclopedia of American Law, edition 2.

Live On Your Own Terms
Related Blog Posts

The Business Franchise Opportunity Sales Tips 7 Part Series was an idea launched by Keith Shaffer Director of Personal at TheLocalProject.net two weeks ago after a coaching session.  The credit goes to him for this...

Live On Your Own Terms

Getting More Out Of Life: Buying Getting More: How You Can Negotiate to Succeed in Work and Life was an easy choice. When you read that Google used it to train 30,000 employees, you gotta figure it’s got something going for it. I’m always on the lookout for helpful books and negotiation...

Live On Your Own Terms
12 Apr 16 Posted by: Todd Hatch
in Running Your Own Business

Money-Saving Tools that Entrepreneurs who are involved with business opportunities, franchises and work-at-home positions know how important it is to track money and manage money, which ultimately helps you save money.

The goal is to have more coming in than going out, but it can be difficult...
Live On Your Own Terms

Here is an overview of the differences between business opportunities and franchise, and how you can determine which is the one for you.

Business Opportunities vs. Franchises the age old question - which is best for you? Do you dream of running your own business opportunity? If so, what does...
Live On Your Own Terms
Self-employed people think of time is money and that knowledge is power. Those are two clichés that couldn’t be truer for every self-employed entrepreneur. That’s why they were early adopters of the smartphone and tablet. Self-employed people also love their apps. These digital tools on smartphones and...
Live On Your Own Terms
Featured Listings
Entrepreneur
Be Your Own Boss

The Billion Dollar Salesman -Serving the World for 28 Years! I’ve truly lived a blessed life and I have also been fortunate to have many mentors that provided me with guidance and motivation. As a result of learning how to do things the right way the companies that I’ve owned have generated just...

Read More

Opportunity Video Spotlight

United Games! The first and only business that will pay you 24/7 365 days a year when people are watching NFL, NBA baseball, soccer, cricket, rugby, hockey in fact any major sport anywhere in the world.

Premium Sponsor


Are you looking for a cool way to make money? For over 38 years, Sno Shack has been dedicated to creating quality shaved ice—in both equipment and flavors. With our low startup costs and high profit margins, Sno Shack works for everyone! You can customize your business to make it as large or as small as you want it to be. Click Below to learn more about starting your Sno Shack today! You can also call Sno Shack (1-888-766-7425) let us know you are interested and we’ll get the ball rolling!

Sno Shack is the cool way to make money! Use your Sno Shack as a fun summer job, a way to teach your children the importance of hard work and responsibility or as a way to earn extra income. Whether this is your first time owning your own business or you are a seasoned entrepreneur, we know you will fall in love with this business opportunity just as much as we have!