How to Import Export: Step by Step

How to Import Export

How to Import Export: Step by Step

If you’ve been thinking about a career in import export, you’ve probably looking for courses on how to import export, you’ve probably seen numerous online courses, numerous colleges and universities where you can invest your time and money.

This article will give you a simple step by step instruction on how to import export the products you are interested in.

Let’s start from the beginning:

  1. Write down your goals, make this step as detailed as you can, including the amount of money you want to earn, the hours you want to work, travel, house, living conditions.
  2. Honestly list your strengths and weaknesses, with respect to your weaknesses, remember if you can’t do it, you can always pay someone.
  3. Think about the Product you want to import or export.
  4. Decide on your business structure, ie. Sole trader, partnership, corporation, often it is advisable to speak to an accountant or business attorney.
  5. Start your business plan including: executive summary, plan, financial data and supporting documents. Start with an outline and show it to some business people you trust to give honest feedback.
  6. Name your business, nothing to outrageous, remember it’s best if your name gives a clear understanding of what you do.
  7. Organize your office
  8. Work out your product storage and distribution or whether you will be drop shipping products.
  9. Order your business cards
  10. Start your Market research
  11. Make contact with : Banker, accountant, attorney, freight forwarder, and customs brokers.
  12. Decide whether you’ll be importing, exporting or bot
  13. Research information about the country you are interested in importing or exporting to.
  14. Research Shipping options
  15. Find out about potential grants
  16. Make final product choices.
  17. Find suppliers
  18. Ensure you go over all contracts with your attorney
  19. Research customs procedures
  20. Research customs brokers
  21. Work our your product’s ‘Classification’
  22. Collect all regulation paperwork
  23. Work out your marketing strategy
  24. Website
  25. Research your competitors
  26. Work out your financing strategy
  27. How will your customers pay you
  28. Choose a financial recording system
  29. Finalize your paperwork for permits, fees etc
  30. Finalize your marketing and business plans
  31. Prepare for your first buying trip

Clearly this is a checklist and not a detailed explanation on how to import export, but, ticking off each item will help you make sure you haven’t forgotten important elements in your import export business.

Therefore Check all those how to import export details here.

If you enjoyed reading about How to Import Export: Step by Step then see our next article about Import Export Training.

Tags:

Leave A Reply (No comments so far)

No comments yet

Access Your Free Video Report and Discover
The 8 Simple Steps to Running a Successful Import Export Business From Home

Direct to your Email Inbox

Bottled Water Wealth ………

Always Money In Fashion …

Importing Boats by Boat ??

Party Products Margins

Contact US.

USA: 707 9876519

Australia: 02 80055832