Franchises for Sale
|
Women Entrepreneur
|
Subscribe
|
Newsletters
|
Special Offers
Search
Home
Ask Entrepreneur
Grow Your Biz
Business Ideas
Franchises & Opportunities
Video
Tools & Services
Get more from Office Live Small Business
Take your business online
Attract new customers
Stay on top of your business
Community
Get Help & Advice
Main Page
Business Operations
Business Opportunities
Sales & Marketing
Advertising & PR
Finance & Accounting
Franchises
Home Business
Human Resources
Internet/E-Commerce
Legal Issues
Starting Up
Technology
Home
>
Help & How-To
>
Business Operations
Help & How-To
Business Operations
How do I import a product from another country and safely pay a manufacturer?
I have sent designs to a manufacturer and come to a reasonable price. I need to have samples shipped into the US so I can test them and approve them for production. I have been given a remittance account number by the manufacturer and have also found the national bank of pakistan website which would be able to transfer the money for me. But then how does it get shipped into the US? Do I have them ship using my fedex account number? I dont feel safe giving that out, can I set it up to only ship things on the account once I have authorized it? Probably a question I should ask Fedex but it was on my mind.
Asked by c_MFG
Posted: Friday, September 14, 2007 | Found in
Business Operations
More answers by
Laurel Delaney
Answer by
Laurel Delaney
That's a tough question with an easy answer. Start
here
for background information on how to import and what is involved.
If your transactions are under U.S. $5,000 -- try
PayPal
for remitting funds to your supplier. If transactions are greater than U.S. $5,000, I suggest consulting with an experienced international banker on the most effective way to pay your manufacturer. Also take a look at Entrepeneur's
"Snag Your Cash"
column.
Another helpful source on handling imports are
freight forwarders,
including
UPS
.
Hope you find this information helpful. Good luck!
More Questions from Business Operations
How do I reconnect with my existing customer base?
Is it wise to have two in-home businesses be subsidiaries of an LLC?
How do I find women-owned companies to do business with internationally?
Is it good to talk to your employees directly concerning honesty/integrity/stealing? How?
What should we consider before making someone a partner?
Recent Articles & Resources
We've gathered content from some of the best resources on the web. Find tips to help you run a successful business with this collection of videos, articles, expert blogs, and more.
OPEN BOOK: A Practical Guide to Online Marketing
Download a PDF of our complete online marketing guide including expert advice, tips on search engine marketing, Web 2.0 and web analytics, as well as
Respect the marketplace and reap the rewards
Wikipedia founder Jimmy Wales explains how "radical transparency" works and why your customers will respect you for it.
Secret Formula for Generating Crazy Amounts of PR
By Tom Szaky So what's the trick? Well here are five simple tips: 1. DO NOT HIRE A PR FIRM: This is the golden rule in my opinion for one simple
Ask the Expert series: How to find your brand’s personality
American Express OPEN SM brings you the latest insights from noted business authors in our special promotion with Slate BizBox: Ask the Experts.
Ask the Expert series: How to spot trends you can capitalize on
American Express OPEN SM brings you the latest insights from noted business authors in our special promotion with Slate BizBox: Ask the Experts.
Search Answers
Meet the Experts
Tim Berry
Business Plans
View more answers by Tim Berry »
Nina Kaufman
Legal
View more answers by Nina Kaufman »
Brad Sugars
Business Operations
View more answers by Brad Sugars »
Pam Newman
Financial Management
View more answers by Pam Newman »
Lena West
Online Business
View more answers by Lena West »
Kim T. Gordon
Marketing
View more answers by Kim T. Gordon »
Pattie Simone
Marketing
View more answers by Pattie Simone »
Penny Morey
Human Resources
View more answers by Penny Morey »
Roy Williams
Advertising
View more answers by Roy Williams »
Ramon Ray
Technology
View more answers by Ramon Ray »
Jeff Elgin
Franchise
View more answers by Jeff Elgin »
Rosalind Resnick
Money and Finance
View more answers by Rosalind Resnick »
Elinor Robin
Employee Management
View more answers by Elinor Robin »
Paige Arnof-Fenn
The Entrepreneur's Life
View more answers by Paige Arnof-Fenn »
Bonnie Price
Marketing
View more answers by Bonnie Price »