In part 1, fourteen steps were described for exporters to follow that will help them maximize the likelihood of a prosperous export deal. In this post, two more of those steps are discussed in more depth. The Value of a Termination Date You need to ensure that your sales quotation or proforma invoice… Read More »
A sale oftentimes begins when a business receives an offer from a potential buyer. It is through a quotation or a proforma invoice that most of the exporters reply with. Sadly, businesses too often answer to these requests without much consideration, which at times result in difficulties down the road, especially if this offer holds… Read More »
In continuation of PART 2, below are the last five formalities to meet to establish export import business. Registration with ECGC The exporter should also register with Export Credit and Guarantee Corporation of India (ECGC) to adjust some export payments against political and commercial chances. It also helps to get financial assistance from commercial banks… Read More »
In continuation of PART 1, below are other formalities to meet to establish your export import business. Registration with Sales Tax Authorities Exporter need not pay sales tax meant for export while making purchases. For availing the benefit, the firm has to register with sales tax authorities and secure sales tax number. Exporter/purchaser has to… Read More »
A Business Incubation Center offers ‘entrepreneurs in residence’. Meaning Experts or mentors who are still working in their respective business or industry, whose real life experiences and success & failures help start-ups & new entrepreneurs navigate the road to their individual business set up. And then there are Incubators specializing in niche businesses, like exports,… Read More »