Leading Entrepreneurship

with Daniel James Scott

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International Trade Requires an Investment

April 21st, 2008 · No Comments ·

International Trade requires a monetary investment, and some or all of the following may apply to your business.

What investments?

• To acquire manufacturer and/or buyers (including any travel, marketing and quality control expenses)
• To meet the manufacturer’s and/or buyer’s minimum order requirements
• To pay the supplier (including any associated bank fees for letters of credit, etc.)
• To insure the inventory
• To appropriately package the inventory
• To transport the inventory to the port/airport
• To load the inventory
• To get the inventory to the destination port/airport
• To unload the inventory (including any documentation costs)
• To pay the tariffs
• To warehouse the inventory
• To get the inventory to the buyer

Can you think of more? Leave us a comment and share!

Tags: International Trade · Strategy + Execution

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