DISTRIBUTION AGREEMENTS IN ISRAEL

By Eitan Adasha, Advocate

Distribution agreements are agreements that are usually established between distributors and manufactures for distribution of goods or services created by manufacturers and distributed by distributors.

The applicable legal rules which govern this area are various Contract Law rules which have been established by relevant statutes and case law.

Not only oral agreements but also written agreements are enforceable under Israeli law and therefore even oral terms or terms contained in documents other than formal agreement are binding and enforceable.

In interim, I purchased my first package which turned out to be of little practical use. While I was doing that, I somehow went off in another direction and bought another “package deal”, hardly stopping to think that I did not have requisite skill and knowledge to make this programme work either.

To cut a direct path through dense forest, I’ll tell you now that I spent much more that I originally intended. Thankfully, I learnt a few lessons along way.

1.Stay Focused

It is easy to become swamped and distracted trying to run several programmes at same time, on zero experience. Leave diversification to pros until you have garnered some experience and at least have some sales/profit (whichever you prefer) from your first venture. Needless to say, you will find yourself floundering around aimlessly, watching your money burn, having done no research before making a purchase. If you feel a burning urge to buy anyway, read material again, do some research, sleep on it and then make a decision. Twenty-four hours delay won’t kill you and remember, one venture at a time.

2.Allow some “Opportunities” to pass you by