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subject: The Import Export Business Is A Lucrative Business Venture [print this page]


The Import Export Business Is A Lucrative Business Venture

A really interesting career field, which many people don't talk about, is that of the import-exporter. If you are wondering whether import-export is as glamorous as it sounds, then I'm here to answer your question. Don't worry! It is! What other career is going to let you jet off to another country several times a year, meet tons of other people, and see the way other cultures live. Import- export is a very lucrative, exciting and wonderful business, but one where there are many risks too.

Although you probably don't know this, many people work in the import-export trade in one way or another, but there are cultural factors, weather factors, and ecological factors that you have in this business, which you don't in any other type.

Your success as an import-exporter will depend on the product you work with, who you work with and the financial ability you have in the country you trade with.

Your Sale

The way you sell your product will depend on the cultural beliefs and buying ability of the importing country. Every nation has different marketing necessities which are influenced by a country's cultural believes and purchasing power.

Follow Government Rules

When you deal in import-export, you also need to deal with the country's export trade policy, so you need to find out what those are, and whether you qualify to meet those policies or not. You can learn about these from their federal trade commission. Most countries have websites, or you can visit their offices in the federal capital.

The same holds true for the import policies of the country you are importing to. These will also differ from country to country and will depend on agricultural and product regulations. These requirements are often online or at the country's trade commission offices. These requirements are not generally difficult to meet, and often it is just the filling out of a form, and paying importation fees that is needed.

Transporting of Goods

When you are in the import- export business you will learn about all types of transportation. You will know which is the cheapest, but the slowest, which is the fastest but the most expensive. You may even get creative with transportation at times. I remember, once because of weather conditions, I had to contract a Cab to transport some material from one place to another, to get it on the barge on time.

Import-export is just like any other business, just a little more exciting, and you need to be a little more communicative (that may include using hand and sign language) and just being a little more creative in every way possible. It is a pretty exciting field!

by: Neil Baulch




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