Become a Shareholder

Join the Red Circle Shareholder family

Benefits to Shareholders

  • The collective buying power of the group
  • Lower “every-day pricing”
  • The ability to access suppliers who would not normally deal with the industry or individuals
  • Central billing
  • Low cost operation
  • All profits returned to shareholders
  • Communications to the group

Further Shareholder Benefits

  • Monthly Promotional Program
  • Cheaper consumables
  • Competitive Insurance Premiums
  • Net Working Conference with suppliers
  • Access to Business support for merchandising, category management etc
  • Peer support from fellow dealers

Obligations

To maximise your business profits, both directly (lower pricing) and by way of rebate, Shareholders are encouraged to identify their Suppliers from the Red/Circle/CSB Group Suppliers List. e.g. if you are paying your local milkman you are missing out on:

Discount off invoice

  1. The rebate to your company.
  2. Having your total milk sales taken into account for your pro-rata rebate sales.

Company to negotiate better pricing on volume and in turn increase your rebate.

Suppliers are broken into two categories:

  1. Preferred – Suppliers who we have negotiated terms with which include a discount off invoices and a rebate to the Company.
  2. Accredited – Suppliers whose accounts we pay for you and may contribute to your rebate.

Both types of suppliers increase your pro-rata spending with the Company.

Red Circle/CSB Group Suppliers delivering product to Shareholder sites must:

  1. Leave a priced packing slip or delivery docket on site.
  2. Forward a copy of the invoice to Red Circle as soon as possible after the transaction.

These charges are then placed on your account which will be forwarded to you along with a copy of the Suppliers invoice on the 13th of the month following purchase.

Shareholders should check the account. If any Suppliers errors are found:

  1. Sort any problems out with the Supplier.
  2. If any adjustment to Red Circle/CSB account is required, notify Red Circle by 21st of the month.

If no notification of error is received Red Circle will direct debit your account on the 25th of the month.
Payment is then made to the Creditors by direct credit on the 27th of the month.

Red Circle is committed to providing your business with the best prices on a wide range of products and services.