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1) Determine if there is a local market for the goods that you intend to introduce It is important for you to make sure that there is a reliable market demand for the goods that you intend to procure from outside the country. This will help shield you from any unnecessary losses. It can be hard on you and your business to find that all the time, effort and money expended in importing a consignment of goods is bound to be wasted due to lack of demand for the end products that will be manufactured. Forming focus groups that will research and find out if the market is interested in what you have to offer will help you know how much inventory you will allow the business to keep in its stores. It will also enable you to know how much money you want to spend on purchasing goods outside the country. 2) Find out if you are legally allowed to import the items you have purchased It will help if you have a legal compliance department in your business. If you cannot afford to run one, then you should have a lawyer working with you. Choose one that is an expert in international law and laws pertaining to the customs departments. This is the person who will tell you whether the items being imported are legally allowed in the country or not. Failure to get legal representation could end up in you importing contraband such as arms, ivory tusks and so on. By having good legal representation before making the import, your business will have saved face. 3) Estimate the costs of importing the goods in question Before placing an order with a company outside your country's borders, it would be prudent to list down all the costs associated with the whole exercise. Some of these costs might include: 1) The cost of storing the goods before they reach your warehouse 2) Duties and taxes that have to be paid at customs checkpoints 3) Charges for using brokers and freighters at ports, harbors and border checkpoints.

This is really an embarrassing week for Google due to some breakups with their partners. Few days back news came from Mozilla Firefox that from 2015 Yahoo will be their default search engine. Google has been the default search engine for Mozilla since 2004 but this time in the year of renewal Mozilla has decided to break the pact and chosen to go with Yahoo.

Employees are the backbone of any organization. Hiring right talent is the key to grow and expand your business. But often companies find it hard to lure talented candidates due to poor brand image, unattractive employee value proposition (EVP), lack of magnetic leadership etc. Here are few tips that may help companies to attract best talents.

Here at think fencing we have experienced tremendous growth over the past year, this is due to our premium quality product range and outstanding service. 

Here is a list of top fifteen stocks that are likely to be in focus today: Tata Motors Ltd: India's largest automobile company, posted its first loss in 25 quarters after a one-time charge of Rs 2,493 crore on account of Jaguar Land Rover vehicles damaged in the Tianjin Port explosion in August, foreign exchange revaluation and higher depreciation and amortisation expenses in the JLR business. Grasim Industries Ltd: The company which decided to merge with group company Aditya Birla Chemicals India LtdBSE -1.38 % earlier this year, plans to refinance the latter's Rs.1,200 crore loans and transfer them to its books once the merger is complete in the December quarter, said a media report. Coal India Ltd: State-run Coal IndiaBSE -1.58 % ( CILBSE -1.58 %) will invest Rs 6,000 crore to set up 1,000 MW of solar power generation capacity over the next five to six years, according to a senior company executive. Tata Steel Ltd: Forced to go for more restructuring of its UK business due to a "challenging marketplace", Tata SteelBSE -0.55 % will sell its Long Products Europe business by the end of the current financial year.

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