How pre-shipment inspection can prevent you from receiving the wrong goods.

by Tekle Sebhatu

Question:

When I bought with a letter of credit, I found stones in the package. Can I get my money back? Which steps would you do before you start a business? How can I understand that the seller is not real, or what would you do to check the seller?

Answer:

Unless you specifically request a pre-shipment inspection, you can find anything including trash that the seller sends you in a letter of credit transaction. If done correctly, pre-shipment inspection will help you from receiving the wrong goods. As to getting your money back, Good Luck!

Starting a business requires careful planning and considering the following:

• Form of organization
  
• Trade name and log
  
• Opening a bank account with an international bank
  
• Establishing your office
  
• Office equipments
  
• Business printing needs
  
• Accounting and taxation
  
• Obtaining financing