The Export is a best way to expand the business of an organization from domestic to international. It can either protect or improve the organization in to international level or can let down the organization in failure directions. Export is method mostly manufacturing countries exporting the raw materials or finished product to their buyers in another country or region. It is a function of worldwide trade. Those goods manufactured in one country and shipped to another importing country for future sale or trade. The sale of such goods adds to the manufacturing country gross output. If used for trade, exports exchanged for other products or services. Exports are one of the oldest forms of economic transfer, and occur on a large scale between nations that have fewer limitations on trade.
Identifying the target markets for the export business and methods of exportation. Identifying the products that is demand in the target market.
Government And Trade Regulation
Getting the Export license and identifying the export regulation and requirement in operating country. Identifying targeted countries import regulation and requirement. Finding the mode of export and cost of products until reach to importing country.
Economy and Political
Identifying the importing countries political stability and economic climate.
Sending product catalog and advertisements to buyers and requesting their inquiries from interested buyers. Finding the background and capacity of interested buyers.
Quotations And Terms
Sending Quotation and for interested buyers, make offers for them. Negotiate payment terms and send pro forma invoice and sales terms..
Negotiate and confirm the sales contract and agreements including payment terms and shipment charges.
Prepare the export documents. Products Name and Origin, Packing List, Insurance, Shipping Mode.
Negotiate and fixed the payment guarantee through bank or other institution.
arrange the required customs procured for export, until reaching the beneficiary with guarantee of payment party.
Submit The relevant export documents to the payment body and get paid by them.