Use Global Business Communications Tools to Host Real-Time Meetings

Part of the Video Series Understand Global Business Communications

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Video Transcript

Use Global Business Communications Tools to Host Real-Time Meetings
Hi this is Nikolai Pankratz with American Resource Network for Expert Village. I just showed you the basic steps in how to establish communication and how to make your office proficient, efficient and practical very quickly because time is money. Having now transferred the contracts and documentation, there's a million little things that you will have to do over the Internet, and I do suggest that you have obviously e-mail capabilities. You will not always be able to discuss things with your partner because of time differences. For example, Japan, a huge time difference, China, a huge time difference, Russia alone is nine hours difference. So, when you're waking up in the morning, they are going to bed. You need e-mail capabilities so that when you send it, he wakes up in the morning and he checks his e-mail. So basically once everything has been agreed, tested, and checked, you most likely have to go to that country and inspect things. The next step is the payment method and how to make sure that what you have ordered, what you are actually expecting, actually comes to you and make sure that nobody steals your money. It could very well happen that you pay and nothing comes. So, that's why we're getting into the new territory, which we're going to be discussing in the next segments; which is letters of credit, banking, and so on and so forth. This is Nikolai Pankratz with American Resource Network for Expert Village.

About the Expert

Expert: With over 30 years of experience in international business, knowledge of foreign languages and travel, Nikolai Pankratz has built companies from scratch. Read More

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