Small businesses looking to increase sales and profit, reduce dependence on the domestic market and stabilize seasonal fluctuations should consider importing and exporting. With nearly 96 percent of consumers living outside the U.S. and two-thirds of the world?s purchasing power in foreign countries, opportunities await U.S. small business.
Go where the customers are. There is significant opportunity for small businesses to profit through importing and exporting operations.
Do you have what it takes to become a successful international business? Are you ready to make international sales? Importing / Exporting offers great opportunities but requires preparation and planning.
This four hour course is taught in two parts, by international experts from the Georgia Small Business Development Center, a resource partner of the SBA. Each part is two hours in length with a two hour break between parts.
Part one will aid you in assessing your readiness, understanding what you need to know and consider before pursuing an international strategy.
Part two will introduce you to those topics needed to develop and implement your strategy: international pricing and costing issues, proforma export quotations, payment terms, and risk assessment.
Course Outline
? Defining Your Business
? Strengths/Weaknesses Analysis
? Tools
? Building Your Team
? Knowing Industry Terminology
? Selecting a Product
? Finding Markets
? Finding Buyers
? Finding Suppliers
? How to Talk To Suppliers
? Do I need a license to Import/Export?
? How do I protect myself as a Middleman?
? Calculating Landed Cost
? Understanding INCOTERMS
? Developing a Pro Forma Invoice
? International Terms of Payment
Learner Outcomes
The workshops will help you gain the knowledge to develop and implement an international plan. You will become acquainted with the key components of an effective import / export plan. The instructors will raise questions you should answer to complete your plan and provide the resources to help you answer those questions.
Topics include:
Organizational and product readiness
Market research
Guidance for developing your strategy and marketing plan
Promoting your products in target market
Complying with US and foreign regulations Discover the right financing path for your small business in our one-hour webinar, 'Finding the Financing Fit for Your Small Business.' Delve into the array of funding options available in 2024, from traditional funding to alternative options. This session guides you through these choices, providing actionable insights and expert advice to help you make informed decisions. Gain clarity on navigating the complexities of financing, empowering you to drive your business toward financial success in the upcoming year.
Course Outline
All About Financing
Analyzing What You Need Capital For
Determining the Loan You Need
Comparing Lenders
Applying for Loans
Closing on Your Loan & Payments
FAQs
Learner Outcomes
Develop a nuanced understanding of the diverse range of financing options available in 2024, allowing you to distinguish between traditional and emerging funding models, enabling better decision-making for your business's financial health.
Gain the ability to analyze and align specific financing solutions with your business's unique requirements. Learn how to assess the feasibility of different options and select the most suitable financing fit to fuel your business growth.
Acquire practical strategies to navigate the complexities and challenges associated with securing funding. Identify potential pitfalls and learn proactive measures to overcome obstacles, ensuring a smoother financing process for your small business.
Webinar - Develop an Import / Export Business
Webinar - Finding the Financing Fit for Your Business