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International business can be undertaken by using a number of strategies which fall into three broad categories – exporting, contractual and equity. Most import-export businesses begin with exporting their products and services either directly or through intermediaries. So, here’s the list: Exporting strategies Direct products are sold directly to buyers
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In the fast paced world of technology and trade; we can forget how important the “people” aspect is- especially when things go wrong…and they will! The dangers of low engagement transactions. Business transactions rely on trust to a large degree; “trust has several connotations. The typical definition of trust follows
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[toc] In our series of online competitive tool reviews, ImportExportBook.com takes a closer look at, Panjiva, founded in 2006 by Josh Green and Jim Psota. Initially launched as GlobalReferenceCheck, co-founders Green and Psota played on Pangaea, the word for the supercontinent that existed before the component continents were separated into
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[toc] In our series of online competitive tool reviews, ImportExportBook.com takes a closer look at an Arizona startup, ImportGenius, founded in 2008 by brothers Ryan Petersen (One of the Principal of Faculty Imports), David Petersen and Michael Kanko. It was launched as a tool that is deemed to be far
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Due to popular demand, I recently published two different ‘Export Readiness Test’ surveys to help small business owners to decide whether exporting is a right alternative for them, especially in this time of economic uncertainty. Alongside these surveys, I have included 3 different types of calculators to help exporters to
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As you turn on the TV today, a news reporter was interviewing a guy who can’t find any ‘plus size’ shirt in a retail store. Poor guy. He got rejected in almost every retail clothing store he went. He’s obese but he cannot find any shirts that fit him after
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