The distributor agreement sets out the terms and conditions when a manufacturer wishes to appoint a distributor for its goods and services for resale in the marketplace. The Distributor Agreement may specify an initial fixed period that may subsequently be renewed. The distributor is not an Agent and sells the goods on his own account and not for the manufacturer.

A Reseller is a company or an individual who purchases goods or services in order to resell them, instead of consuming them for personal use. It is usual for Resellers to make profit from their entrepreneurial endeavor. A prime example of this is in the telecommunication arena where major companies first buy up more than their requirements of transmission capacity and then sell the surplus to small carriers who in turn sell it to the customer for profit.

A Joint Venture Agreement is a document that sets out a type of partnership agreement put together for some specific purpose. The agreement spreads the risk attached to the project among the various parties to the agreement as well as details the sharing in any of its success and profits. It also sets out the benefits as well as the risks to the agreement for each of the participating parties.

A good executive summary should encapsulate all the basic objectives of a business plan. It details the exact capabilities of the company and sets out the complete road map about the company’s intentions as well as its strengths. It unambiguously sets out the content of the business plan, expounding on why the company is best suited for entering into a business partnership.