What Does FOB Mean?

What Does FOB Mean?

FOB stands for “free on board” or “freight on board” and means that liability and ownership of goods are transferred from a seller to a buyer. FOB is a shipment term, “FOB shipping point” or “FOB origin,” which means the buyer takes ownership of goods and takes responsibility for the shipment. If we look back

What Is A Business Proposal?

A business proposal is a business document that is usually designed and sent from a supplier to a potential client for making a deal or winning a project. It is written and can be sent in two forms: solicited and unsolicited business proposals. It is a sales document that includes detailed standard information similar to