One of the main differences between selling domestically and exporting is the export documentation required. Providing proper documentation with exporters shipments is essential. Although the paperwork involved in exporting may be more burdensome and costly than that required for domestic sales, it should not deter the local Exporter.
The last line on a balance sheet showing profit and loss is an example of the bottom line. Deteriorating bottom line impacts the entire value chain of the business. Never leave your bottom line to the bitter end, the earlier you improve it the more successful your business will be.
Exporting is not a quick fix for growth or poor local sales. It requires a strategic intention to implement, and dedicated eﬀorts in assessing the potential in export markets. It’s therefore important to commit to the export process.
If you are looking for a new business opportunity, steer clear of any company or person claiming they can offer you a “guaranteed” or “risk-free” business opportunity. If someone is promising you that you are going to earn a lot of money, but they’re being vague about what you would do or how you would […]
Finding a small business loan is often a necessity during the growth of your business, but it can be difficult to find a loan your eligible for. Learn, how lenders use these 6 basic factors to determine your eligibility for loan. Apply this knowledge, in finding the right lender and applying for the right loan.
A social media plan can help you understand who your customers are? how to engage them? and how to define your brand. Writing your social media plan will be much easier once you know what you are dealing with. Some useful areas to research include,
Business is an economic activity of production and distribution of goods and services. It is an economic activity corned with creation of utilities for the satisfaction of human wants. It provides a source of income to the society. Business results into generation of employment opportunities thereby leading to growth of the economy. It brings about […]
You owe it to yourself to make a step-wise business lead generation plan and execute it. Now is a great time to dream afresh and seek new trade & business opportunities that takes you ahead in 2019.