Building an Import/Export Business

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Author: Kenneth D. Weiss

ISBN-10: 0470120479

ISBN-13: 9780470120477

Category: International Economics

This bestselling, up-to-date guide shows you how to start your own import/export business, from researching a raw idea to a successful launch to ongoing, profitable business operations. Complete with real-life examples from importers and exporters, it helps you every step of the way, from targeting a market and preparing a business plan to dealing with foreign currencies, shipping procedures, customs requirements, and more. It also shares tips to help you take advantage of NAFTA and other...

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The bestselling, up-to-date guide for starting your own import/export businessDo you dream of traveling to exotic places to buy or sell your lines of merchandise? Building an Import/Export Business shows you how to start your own business, from researching a raw idea to a successful launch to ongoing, profitable business operations. Author Kenneth Weiss objectively and accurately describes the difficulties and rewards of this kind of business. This practical resource discusses new security procedures put into place since September 11, 2001, and predicts the response to problems with goods from China in mid-2007. Topics include:Information on targeting a market, preparing a business plan, managing finances, dealing with foreign currencies, marketing, and moreDetails of shipping procedures, customs requirements, and other government regulationsSamples of commercial, banking, transportation insurance, and government-mandated documentsTips to help you take advantage of NAFTA, CAFTA, and other trade pactsReal-life examples from importers and exportersOnline resources to help you start and grow your business Whether you want to participate in the global marketplace or fine-tune an established import/export business, this book helps you every step of the way. Booknews An entrepreneur and international trade consultant offers tips and instructions for every aspect of an import/export businessincluding government regulations, tax laws, customs requirements, and shipping procedures. He describes strategies for using the Internet to reduce costs and develop a targeted customer base, and tells how to prepare a business plan, address security concerns, and take advantage of GATT WTO, and other trade pacts. Weiss is the owner of a firm consulting in business, marketing, and international trade. Annotation c. Book News, Inc., Portland, OR (booknews.com)

List of IllustrationsAcknowledgmentsIntroduction1Jumping into the Water: Simple Scenarios12Is This Business for You?113Setting up Your Business254Beginning with a Buyer395Choosing Products and Suppliers476Marketing in the United States and Abroad737Money Matters918Packing, Shipping, and Insurance1179Oh, Those Lovely Documents14910Regulation of Foreign Trade17511NAFTA, GATT, and Other Trade Pacts20312Sources of Information and Help217App. ASample Market Study Outline227App. BGuidelines for Business Planning231App. CPossible Sources of Financing for Your Business253App. DSample Supply Agreements257App. EU.S. Export Assistance Center Directory275App. FProduct-Specific Customs Information287Index291