Your Money In A Declining Economy

In this declining economy, I am always concerned where my clients are putting their money. Cutting costs and minimizing litigation are at the forefront in preserving small businesses. For my clients that are in the business of distribution of name-brand goods, a primary concern is counterfeit goods, or knock-offs. When dealing with new suppliers, I advise distributors to negotiate a situation where the goods are paid upon delivery in order to give the distributor a chance to inspect the shipment for authenticity before paying for the goods. The last thing a small business needs is to have paid for goods only to discover that they are counterfeit after it is too late. Loss prevention is a priority for a small business, and a strategy that we can help implement.

Article Submitted By: Attorney Min N. Thai