Quite often, businesses fail to conform their processes for global business—for, e.g., globalizing their websites, determining correct export prices, etc.—and they miss out on great opportunities. By focusing on below-mentioned business areas and optimizing them, exporters can grow proactive instead of reactive. Which business areas need to be reviewed, and what type of optimizations… 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 »
International market analysis can be applied to: discover new markets, search products and define public opinions on some strategies. Although diverse, they all follow a fundamental step-by-step method: Define the purpose of the analysis Recognize the efforts needed to accumulate the analysis Know how to perform those operations Distinguish the sources of information required to… Read More »