Published September 29th, 2008
When it comes to business and the market, many Americans operate under the illusion that the same rules apply to imports from other countries as apply within America itself; namely, grow your business and realize the American dream.
However, all business owners, and particularly those who are importing, have to remember that while the aspirations of the individual are important (if not central in an oblique way) to the well being of the United States, they do not come before the well being of the nation as a whole.
The Pearl of the Orient
So why is this important in... Read more
Tags: customs, Doing Business Internationally, how to, import, importing products, international business, japan, products, tips
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Published June 13th, 2008
As we get into the full swing of summer and you begin to look forward to taking that much needed 2 week vacation to the Bahamas let’s take a step back and put some things in perspective. You probably work a minimum of 9-5, 5 days a week right? If you work less than that, well my friend you are luckier than most. But what about 39 year old Lee from South Korea who can only spend 10-15 minutes a day with his kids because he’s gone from 5:30AM to 11:00PM six days a week. Oh yeah and he only... Read more
Tags: average hours worked, foreign workers, Growing Your Business, international business, Rebecca Button, workaholics
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Published April 30th, 2008
Expanding overseas is a common idea entrepreneurs have in their business plans as a "down the road" growth option but with the recession and subsequent weakening of the U.S. dollar, it might just be the key to keeping your business afloat. Many companies are able to sell their products for twice as much as they can here!
While opening a brick and mortar store is certainly optimal, if you are a small company who doesn’t think you can spare the capital to do so, don’t fret. Another perfectly viable option is to open an international website (ie. a .uk site).... Read more
Tags: Doing Business Internationally, economy, global business, international business, national retail federation, Rebecca Button, STORES Magazine
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Published February 15th, 2008
Once you have decided to sell your company’s products overseas, it’s crucial that an export plan is developed. When preparing your export plan, you’ll be able to research and carefully examine your potential export markets, develop company goals, and determine what (if any) limitations exist. The result: a custom-designed strategy that prepares your company, products, and promotional efforts to succeed in the export business.
Tips for creating a successful export plan
Keep it brief - Your company’s export plan should be detailed, yet concise. It should be easily understood by other members of your company. It’s important that goals and... Read more
Tags: Carrie Hinkel, Doing Business Internationally, export, international business, selling internationally, tips
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