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We often get new trade offers through trade india. But the question is whether the person who has contacted us is actually a genuine business owner or just another internet fraud.
So my query is how to find whether the person who has approached us online is actually the right person to deal with.
Pharmaceutical and Industrial Laboratories
Jalandhar, India
Free Member, Joined :11/01/2005
No of Topics Posted : 1
Reply/Comments : 0
In addition to the above comments, I would like to add the following:
Every business firm tries to catch up genuine business. Hence, I suggest you to use the services of well known consultants such as Dun & Bradsheet, who are having offices all over the world. They will give you Business Information Report (BIR) of your buyer.
BIR helps you answer questions such as:
(i) Is my prospect well established?
(ii) What is the level of risk associated with my prospect?
(iii) Will my customer pay, and when?
(iv) How does my customer/ supplier compare with his peer group?
(v) Can I depend on a supplier to deliver as promised?
(vi) Has the financial condition and stability of my customer/ supplier changed?
Regards,
VCK Rao.
Free Member, Joined :04/10/2002
No of Topics Posted : 1
Reply/Comments : 17
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