by Larry Slusser on January 2nd, 2008
Exporting can improve your small business in a number of ways. It can lead to additional sales revenue which may not have been possible in your domestic market. Going international can open up markets you did not have access to. It also can lead to increased profits, depending on the margins you are able to generate on your exported products.
Exporting does, however, have its risks and can leave you feeling out of control. There are a large number of variables that can impact your ability to export, many of which are beyond your control. So before committing your business... Read more »
by Veronica Stone on September 14th, 2007
If you have ever considered doing business with Chinese companies, it’s important to know a little bit about the country before you dive in headfirst. What are the business practices in China, and how does culture affect business interactions?
Doing Business
Most companies start doing business with China in order to source products at cheaper prices. Experts agree that this is the safest way to get started. Businesses from across the globe have saved billions of dollars in cheaper parts by taking advantage of what China has to offer. This has been going on since the mid 1990s, and continues... Read more »
by Veronica Stone on July 31st, 2007
It is very essential to understand the importing basics if you plan to begin international trade that requires importing something from foreign countries to your country. History of importing goes as far back as the beginning of trading because you have to get those goods and materials that are not available in the country where we are doing business. You may need to import a particular material, even if it is available in the country, when you can get it from another country at a cheaper price. Whatever may be the reason for importing, you must understand some practical aspects... Read more »