Practical export-import articles from the iiiEM expert team.
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 »
Setting-up your export business and taking the controls simultaneously, can be exciting to forward your career. Offering you with the independent personality, dictating hours of workload independently, starting an export business can give you the peace of mind you’ve always dreamt of. Everything has its bad side not to forget. If establishing an export… Read More »
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 »
Product development and acclimatization is the constant process of delivering goods to the marketplace as products progress through their life cycle, such as substituting ended products with new or modified products. Businesses bring their products to local or international markets through various means and for varying purposes. Consider: New product that presents a totally new… Read More »
The object of supply chain management is to render maximum customer value while maximizing profits and controlling costs. Various best practices have been covered in this post that can help a business improve its customer service offerings and decrease the costs associated with managing product returns. Below are the best tactics to follow that will… Read More »
In part 1, we learned about preparing clear return policy, smart serial digits, warranty assistance, RMAs, and arranging for standardized return procedure. In this post, we will learn about other seven tactics to further your knowledge on cleverly handling product returns with almost nil profit drains. Substitute returns for repair processes Many computers… Read More »
Shall demonetization affect Export Import business in the current situation in India? How long will the Effect last? Growth of any Country depends up on its Export Import Trade. Indeed it is very crucial for India too. Especially after demonetization the Exports have slowed down due to currency crunch. True to its core that instability… Read More »
As reported in October 2016 loud and clamorous voices and fonts by television and print media that India is ranked 130th for ease of doing business in India, after a survey by the World Bank. Clearly the survey by World Bank feels, it is not easy to do business in India. My naïve and inexperienced… Read More »
India is a vast country and has as many as nine coastal states that have the major ports contributing significantly to the export import business. These ports experience a high cargo and container traffic throughout the year. For anybody who is eager to get into the export-import trade or undergo export import training, knowledge of… Read More »
There has been rich evidence that in ancient India, the trade logistics was highly efficient. Goods at that time moved mainly via multiple land routes and sea routes, some of which even exist today. Merchants in ancient India had a flourishing import export business with the merchants of other distant countries that contributed significantly… Read More »
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