What are some tips to learn the import export business?


Quick Answer

To learn the import-export business, become familiar with local manufacturers in the sector of interest, learn how to handle shipments and contact people who are already in the business, states Foreign-Trade.com. Other things to become familiar with in order to learn more about the import-expert business include target markets, billing and operations.

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Full Answer

To start an import-export business, learn the basics about the specific product niche, notes Entrepreneur.com. Do so by reading news from the sector and subscribing to business magazines that cater to the specific niche. To learn the import-export business, take the time to study the rules and regulations regarding commerce in the countries desired to deal with.

Some of the organizations that can help beginners learn the import-export business include the U.S Small Business Administration, which offers a beginners guide for exporters. There is also The Federation of International Trade Associations, or FITA, where individuals can find tips and trade leads, as well as the export.gov website, which is home to online courses intended for beginners. Learning how to use various pieces of software that are essential for import-export businesses is another tip. Examples of such software programs to learn include Perfect Commerce, Oracle E-Business Suite and OpenEntry International E-Commerce.

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