How To Start an Export Business
by Jennifer Henczel
Trading goods and services allows small businesses around the world to compete on a global basis with their larger competitors.
In the past, it was very costly to acquire the commercial intelligence needed to play in the global market place.
Now, armed with the internet we can access valuable market information and find foreign buyers and local suppliers, anywhere, anytime.
One of the most common questions I receive is how to start an import export business. So, I’ve prepared a list of my favorite online import export business start-up resources and tools.
First, start by learning a little more about import and export. See our Import Export Workshop Slide Shows. They are an excellent alternative for those who are unable to access our corporate training packages and consulting sessions directly. You can also attend training programs offered by the Forum for International Trade Training.
When you are convinced of the vast opportunities that the field of import export offers, you need to register your business with the government. Start out by looking at the Online Small Business Workshops presented by the Canada BC Business Service Centres. Another important place to start for Canadians: Canada Customs and Revenue Agency.
Both the Canadian and US governments provide excellent international trade information and resources for starting, operating, and growing your business. Check out our Import Export Links page for these websites.
Remember, contact Foreign consulates and embassies in your city for assistance with your business and finding suppliers and manufacturers.
The next step is to find out about any export finance programs, federal export programs, market reports and trade regulations that your government may provide.
US entrepreneurs should check out these websites:
And Canadians should look here:
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As an International Trade Consultant, here is one of the most important tips I can offer you:
To obtain funding or apply for a government program you will need a Business Plan. Developing a strategic Marketing or Business Plan is the key to succeeding in any business. Research and planning are especially important for global ventures. It allows you to identify your opportunities and risks. Look at the International Marketing Plans page of Import Export Coach website.
About the Author
J. A. Henczel is an Adult Educator and International Trade Consultant known as the Import Export Coach. She also fulfills the roles of Business Trainer, Writer, and Owner of Global Focus Consulting Group (GFCG). Add the duties of Web Designer you’ve got one busy entrepreneur who’s commitment to economic growth is revealed through her award winning website: http://www.ImportExportCoach.com