Work at Home Idea:
Start an Import Export Business
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The world is your oyster. And we'll show you how to crack it open with this bestselling guide. As a top import/export agent, you can net a healthy six-figure income by matching buyers and sellers from around the globe, all without leaving home.
You don't need any specialized training or experience to succeed--this guide teaches you everything you need to know to become an import/export professional. We've even included overviews of 16 specific foreign markets to help you get a running start.
In this in-depth guide, you'll also learn:
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what an international trader's work life is really like
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the steps you need to get started
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how to target your market and determine who your potential clients will be
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the legal aspects you'll need to comply with
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how to ship your merchandise and how to get paid once the goods arrive
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what your start-up and operating costs will be and how to set prices
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why this would make an ideal homebased business
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and much more
Order today and start navigating the exciting world of international business.
This guide from Entrepreneur.com is necessary before diving into this home business venture.
Book Excerpt
International trade is one of the hot industries of the new millennium. But it’s not new. Think Marco Polo. Think the great caravans of the biblical age with their cargoes of silks and spices. Think even further back to prehistoric man trading shells and salt with distant tribes. Trade exists because one group or country has a supply of some commodity or merchandise that is in demand by another. And as the world becomes more and more technologically advanced, as we shift in subtle and not so subtle ways toward one-world modes of thought, international trade becomes more and more rewarding, both in terms of profit and personal satisfaction.
This chapter explores the flourishing business of international trade from both the import and export sides of the fence. Think of this chapter as an investigative report—like those TV news magazine shows but without the commercials. We’ll delve into the steadily rising economic success of the field and dip into the secrets of America’s, and the world’s, import/export industry.
The International Adventurer
The quintessential importer is Trader Sam in his battered fedora, bargaining for esoteric goods in exotic markets amid a crescendo of foreign tongues. Or maybe that’s Indiana Jones. If that’s your idea of an international trader, you’re absolutely right. You’re also dead wrong.
Importing is not just for those lone footloose adventurer types who survive by their wits and the skin of their teeth. It’s big business these days—to the tune of an annual $1.2 trillion in goods, according to the U.S. Department of Commerce. Exporting is just as big. In one year alone, American companies exported $772 billion in merchandise to more than 150 foreign countries. Everything from beverages to commodes—and a staggering list of other products you might never imagine as global merchandise—are fair game for the savvy trader. And these products are bought, sold, represented and distributed somewhere in the world on a daily basis.
But the import/export field is not the sole purview of the conglomerate corporate trader. While large companies exported 70 percent of the value of all exports, according to the U.S. Department of Commerce, the big guys make up only about 4 percent of all exporters. Which means that the other 96 percent of exporters—the lion’s share—are small outfits like yours will be—when you’re new, at least.
Champagne And Caviar
Why are imports such big business in the United States and around the world? There are lots of reasons, but the three main ones boil down to:
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This guide from Entrepreneur.com is necessary before diving into this home business venture.
Disclaimer: The information presented and opinions expressed herein are those of the authors
and do not necessarily represent the views of Work-at-Home-Business.com and/or its partners.
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