Useful Guide to exportation agreements-Incoterms

2011-07-25T12:32:00.000-07:00

The INCOTERMS are rules which try to make the international transactions easy and avoid misunderstanding between both parts of the transaction.

The INCOTERMS are a combination of three letters used to describe the commercial terms agreed in the transaction. It includes the rights and obligations of both parts of contract of sale.

The differences between them are : the part of the contract that assume the risks and the place where the cargo is unload.

EXW ( Ex-work): The seller completes the delivery when the cargo is available to ship at his premises ( factory, workshop etc.) or in the place agreed in the contract. This method does not imply the cargo loading in the mean of transport. The buyers have the obligation of pay in the terms agreed and transport the cargo and assume all the costs involved. By this way, the buyer will take the risk of loss or damage of the cargo. The seller has the minimum obligation with this kind of agreement.

FCA ( Free-carrier): The seller deliver the cargo to the carrier and the place agreed between both parts. The buyer decides the delivery conditions and the risk and fees are paid by the buyer since the cargo is delivered in the place agreed.

FAS ( Free alongside ship): The seller deliver the cargo alongside the ship in the agreed port. Then , the delivery obligations (fees and risk) are in charge of the buyer. This Incoterm implies that the seller has to take care of obtaining customs clearance.
FOB (Free on board): The seller completes the delivery on board. This kind of agreement only can be used in shipments. The buyer pays maritime duties. The risk and the duties are transferred to the buyer when the boat is set sail.

CFR (Cost and freight): The seller finish the delivery when the cargo exceed the gunwale during unload. The seller must decide the ship, pay for fees and freight costs.

CIF (Cost, Insurance and Freight): The seller and the buyer have the same obligations than CFR method but the seller has to pay the insurance to avoid the risk of loss or damage.
CPT (Carrier paid to): The delivery is done by the seller and the risks are transferred when the cargo is handed out to the carrier agreed. The seller pays the duties for the transport and he chooses the mean of transport.

CIP (Carrier and Insurance Paid to): Obligations of the seller are exactly the same as CPT but insurance has to be paid by the seller.

New technologies to start your business project

2011-07-25T09:47:00.000-07:00

Nowadays, children don't know what is an encylopedia. New generations are growing with more than one computer at home. Have you tried to found a simple pen in a office?

Currently, the customer has access to all kind of information.And for this reason, you must promote your company making the most of it. The customer will find your products through the web but you must offer something different, if not: at the most information ,unfaithfullness.

The knowledge of setting up a business is important but the best way to succeed is to promote it through the web.

There are many ways of doing it:

Linkedin:

Linkedin offers the chance of getting known and keep in touch with different suppliers. The company can keep in touch with suppliers and create a hard contact database.
This professional network will be also used by the competition and you can learn something about them. But be careful! Competition also will know all about you!
You can use it to find some employees for your new business.

Facebook:

Facebook is a social network which can let your business receive some feedback from the customer. Any kind of business will run smoothly if the customer knows it and satisfy his needs.
Through facebook you can reveal offers to your customers and receive some recommendations and improvements from them.

Twitter:

Twitter is a powerful social network that relate different topics. You can make the most of it by creating topics about your products or something related that implies the use of your products.

Entrepreneurship and exportation

Useful Guide to exportation agreements-Incoterms

New technologies to start your business project