Publisher's Synopsis
Foreign trade is a billion dollar business in the United States and growing. This easy–to–follow guide to starting and building a successful import or export business is packed with invaluable insights and practical advice on tapping into the lucrative global markets. Covering all the bases, from start–up considerations and operational procedures to marketing techniques and trade agreements, this completely updated and expanded edition of Building an Import/Export Business provides essential details on:
- Determining whether the import/export business is right for you twenty key questions you should answer before diving in
- Setting up your business opening a bank account, establishing your office, obtaining financing, setting up an accounting system
- Finding buyers proven strategies to pinpoint your target market
- Understanding money matters methods of payment in international trade, export credit and credit insurance, foreign currency transactions
- Handling documentation commercial, banking, transportation, insurance, and government formalities documents
- Taking advantage of trade pacts GATT, WTO, NAFTA, FTAA
