Physical verification of the industrial plant and the address of the office. Overall verification of the company's registration in the relevant authority's books. Verification of the company's legal documents.
Market feedback is the most reliable technique to vet a buyer, but if the buyer is new to India, there may be no local feedback available. In this scenario, go to LinkedIn and search for the firm name, as all reputable companies have accounts there.
Bond for Performance, This is a sort of bank guarantee that the Seller gives to the Buyer. It ensures that the Seller will adhere to the contract's conditions.
FOB stands for free on board, or freight on board. It's a term for international shipment that's often used. It's a transportation word that means the selling price of the items includes just up to a certain point of delivery at the seller's expense.
The term "free on board" refers to who is responsible for items that are damaged or destroyed during delivery. When a product is sold "FOB origin," the customer assumes all risk. The term "FOB destination" refers to the seller's risk of loss until the items are delivered to the buyer.
Learner's Ratings
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Reviews
J
Jay Vyas
5
This is just awesome course. I gained so much knowledge about Import-Export Business by learning this course.
LearnVern, you are doing an awesome job by teaching for free.
A
Ajay Kumar
5
I have taken another courses on the subject but this is the best course I have gone through. Mr Duggal has explained in such a way that even a new learner can understand very well. Recommended.
S
Subhadip Chakraborty
5
This course has helped me a lot to gain a good quality of knowledge that I can use in my future job opportunities.
S
Subhadip Chakraborty
5
This course has helped me a lot to gain a good quality of knowledge that I can use in my future job opportunities.
S
Subhadip Chakraborty
5
This course has helped me a lot to gain a good quality of knowledge that I can use in my future job opportunities.
S
Subhadip Chakraborty
5
This course has helped me a lot to gain good amount of knowledge that I can apply in my future opportunities.
F
Fazlurrahman Khan
5
I am happy from this course I want pdf of lectures if will be available that would be very beneficial for Us
A
Atul Marathe
5
Easy and simple way of teaching.
Thank you for taking this effort Kunal sir.
How i can connect with you as starting export business. I want you to become mentor for me
R
Radha Rani Birla
5
Thank you so much. Kunal sir explanation is simple & precise. I could understand all the concepts well.
R
Radha Rani Birla
5
Thank you so much. Kunal sir explanation is simple & precise. I could understand all the concepts well.
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