Payment

When an agency is terminated, the agent is usually entitled to be paid. The calculation method could be either ‘indemnity’ or ‘compensation’. These are very different.

The Regulations have a default setting of ‘compensation’. That is the system that used to follow a 2 year tariff.

But some good news is there appears to be early indicators of a light at the end of the economic tunnel and some more great news is we have an absolutely brilliant show waiting for all of you in London.

This industry depends heavily on commercial agents. In good times, everyone benefits. When times are bad, is it a different story? Michael Morse looks at different models. If a rep and an agent can generate the same sales, which should you use?

The retailers in the NPD survey have recorded a 7% increase in value of sales for the first four months of the year, with unit sales up 1% over the same period. April itself was up by 6% with double digit growth for categories such as carriers, car seats and wheeled goods. Carry cots also saw a strong increase even though the volumes are still relatively small overall.