LEGAL MATTERS

FASHION LAW STUDIO NEWSLETTER - FEBRUARY 2021

 

 

FINDING YOUR BRAND SOULMATE 

FLS NOTES

 

Ahh, February, the patron month of chocolate, roses and relationships!

 

Finding a brand soulmate is top of mind right now! It's so exciting when you make a connection with another business owner and the sparks start to fly. Before you know it, the creativity is flowing, plans are flourishing, and your caught up in the fever of increasing sales and revenue. 


But love at first sight can have a flip side. Have you ever had a budding new relationship just suddenly fizzle out or suddenly break into an argument that calls everything off? We have! Those experiences taught us to slow down, concentrate less on ROI, and talk more about goals, resources, and values. 

 

Slowing down is easy. Talking openly is much harder. No one wants to be reveal too much or appear to be too demanding. So what process can you use to help explore if you and a new partner are on the same page? 

 

Answer: A contract!  


Yes, a contract is a "process," even though its not usually thought of as one.  Think of it as a blueprint for your relationship and the legal terms are the subject areas to explore together. By openly talking through the topics, you'll conceptualize the nuts and bolts of your collaboration and clarify the expectations for the relationship. And if your new collaborator won't discuss entering into a contract or clarify the details, then you can consider early on if this collaboration fits your needs (or not!).

 

This month’s newsletter gives a quick guide on the 4 essential contract topics to discuss with your brand soulmate, plus curated online resources to help with your next collaboration. And if you think you've found a brand soulmate, the FLS Drop Shipping Agreement and Merchandise Purchase Agreement are now 20% off to help you solidify your relationships. The sale runs through March 5, 2021!

 

Happy February,

THE FASHION LAW STUDIO

 

P.S. You are receiving this newsletter because you signed up for the FLS newsletter. If you do not want to receive it, please unsubscribe using the link at the bottom of this email.

 

READ THIS

FLS 5 MINUTE READ:

4 ESSENTIAL

CONTRACT TOPICS TO DISCUSS WITH YOUR BRAND SOULMATE

 
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USE THESE

 

ON SALE 20% OFF

DROP SHIPPING AGREEMENT

$79.20

(WITH DISCOUNT CODE  "SOULMATE"

GOOD THROUGH 3/05/2021) 

Collaborating with a brand or retailer to drop ship your merchandise? Use our template agreement to clarify expectations and make ensure that important terms for selling brand merchandise via a drop shipping collaboration, such as customer pricing, fulfillment, payment of purchased goods, shipping, and packaging are clearly established between the brand and the retailer. Use discount code "SOULMATE" for 20% savings ($19.80 savings). On sale through March 5, 2021! 

PURCHASE

ON SALE 20% OFF

MERCHANDISE PURCHASE

AGREEMENT

$79.20

(WITH DISCOUNT CODE  "SOULMATE"

GOOD THROUGH 3/05/2021)

Selling brand merchandise to a boutique retailer or online retailer? Use our template agreement to clarify expectations and make ensure that important terms for selling your brand merchandise, such as purchase orders, fulfillment, pricing, payment, and changes, are clearly established between you and the retailer.  Use discount code "SOULMATE" for 20% savings ($19.80 savings). On sale through March 5, 2021! 

PURCHASE
LEARN THIS

READ, WATCH & LISTEN TO EMPOWER YOUR BUSINESS LEADERSHIP

 

Squad Goals!

Squad Goals - Shopify details 4 great collaboration ideas to boot your small business. We loved bringing this oldie but goodie back out. Great resource, we had to reuse it!

Read on >>

 

Pandemic Gets Businesses to Think Outside the Box

San Angelo Standard-Times Business explores how the pandemic accidentally removed many of the competitive barriers stopping brands from collaborating with each other.

Read on >>

 

WWP Beauty and Scentinvent™ Collaboration

Yahoo! Finance discusses the revolutionary partnership between WWP Beauty and Scentinvent™ and their disruptive new product line smashing the fragrance market.

Read on >>

 

INSPIRATION

Get in Touch

We'd love to hear from you about legal education subjects for FLS to cover. Email us at marketing@fashionlawstudio.com or message us on Instagram @fls_law, but please remember, FLS is not a law firm and does not provide legal advice or legal representation. Please do not send any requests for legal representation, legal advice, or confidential information.

Thank you.

 
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