How to organize export

Exporting products to other countries is a profitable activity. All that matters is that there are enough high-income consumers. It would be nice to study the local market and the rules for importing goods, as well as attract professional distributors. What needs to be done so that the organization of export of products is really successful for you and brings the greatest profit?

Instruction manual

1

First, conduct a thorough analysis of the foreign goods market on the question of the demand for your product. There are consulting companies for this. They will be able to professionally conduct such a study. You can also contact the Russian embassy in the country of interest to you for help.

2

Register a patent for your product, copyright, and trademark. Counterfeiting is common in many countries. Therefore, it is registration that will legally protect your product from possible falsification.

3

Before opening your company in a foreign country, study the local laws of the country, establish business or personal ties with one or more indigenous people of the state. It is possible that in one of the inhabitants of the area you can get yourself a profitable business partner who can deal with sales and distribution of your goods. Then it will be possible to create a joint venture with him, which will cost you much cheaper.

4

Before signing any contract, hire an experienced lawyer in the area where you are going to do business. A local lawyer will help to correctly draw up a bilateral business agreement, taking into account all bureaucratic laws and specific provisions, even for a particular province. There must be spelled out the requirements for each of the partners and the exact amount of remuneration.

5

Use the services of the most profitable transport company. In developed countries, as usual, there is a large selection of companies engaged in transport supplies. Therefore, in order not to overshoot with a choice, conduct a thorough study in the market of transport services. This is no less important than the correct preference of the exporter.

6

Get ready to pay taxes and be sure to study the import rules that the government has approved abroad. They should be carried out when transporting goods. This will help you plan your financial expenses.

Useful advice

When organizing the export of goods abroad, you can use the services of one of the foreign trade agents (intermediary company), which will help you sell your products profitably.