Staff Answer

Mar 24, 2022 - 11:19 PM
Thanks for your question. A lot of people wonder about it and you're brave enough to ask it, so we appreciate it. Let me try to answer it to the best of my knowledge.
Starting capital is an essential prerequisite for all businesses- big or small.
When you attempt to strike a deal with a buyer, there are so many things that are under consideration in their minds, including the trustworthiness of the exporter/supplier. One of the easiest ways to establish trust in a business relationship is by maintaining transparency from the very first correspondence.
Payment terms are often the cause of deals falling out and we, at go4WorldBusiness always advise our members/users to opt for Letter of Credit or Escrow to make sure payments are secure.
Your business will only take off if you have a viable buyer ready to finalise the deal, and sound payment terms are the most important aspect of it.
Hope this answers your question.
For any further queries, feel free to reach out to us at help@go4WorldBusiness.com.
Thanks and regards,
go4WorldBusiness.com team
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