So I am going to some tradeshows in Dubai and Qatar, and I realized...I don't actually know how to make a big sale.
If someone wants to buy $100,000 worth of product that I have manufactured, how do I actually do that? What are the best practices/standards?
I am a little familiar with the letter of credit for overseas. But What else?
Do I invoice them 50% and then 50% upon delivery? Do customers usually like to pay COD, and I should gather capital to facilitate that?
I am so in the dark but I am learning fast!
It's a big question, so I dont expect anyone to write me a very big answer, so if anyone can direct me to resources, I would be so thankful.
And yes, $100,000!
If someone wants to buy $100,000 worth of product that I have manufactured, how do I actually do that? What are the best practices/standards?
I am a little familiar with the letter of credit for overseas. But What else?
Do I invoice them 50% and then 50% upon delivery? Do customers usually like to pay COD, and I should gather capital to facilitate that?
I am so in the dark but I am learning fast!
It's a big question, so I dont expect anyone to write me a very big answer, so if anyone can direct me to resources, I would be so thankful.
And yes, $100,000!
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