ALIBABA STEP BY STEP SOURCING GUIDE 2022
Alibaba Domination. Alibaba operates in MORE THAN 200 countries and territories. It is the world’s single largest online marketplace, as well as one of the largest internet and AI companies, and one of the largest VC firms in the world. Its online sales have surpassed all US retailers (including eBay, Amazon, and Walmart) combined since […]
HOW CAN A MULTI-CURRENCY ACCOUNT BE USEFUL FOR YOUR BUSINESS?
How can a multi-currency account be useful for your business? Let’s say a business is purchasing goods from a Chinese supplier that requires payment in RMB. Then that same business sells these goods to its clients based in Europe who fulfil their payment in Euros. Now, here is the problem that the business faces: it […]
BILL OF LADING- B/L – EASY UNDERSTANDING
A bill of lading also known as BOL or B/L, is a document issued by a carrier to a shipper, to prove that goods have been received on board and ready to be shipped to the consignee to a named place for delivery. The term Bill of lading drives from the verb “to lade” which […]