what is the first step to start export business?

Answer 1

The best routes to take are to research the process of starting a business as well as the industry you're interested in.

I recommend checking out the SBA, Entrepreneur, The Start Up Journal & Nolo. All 4 are great informational resources for the new/small business owner. I posted links for you in the source box.

Associations may be a good avenue to explore. These organizations will address many of the thoughts, questions and concerns you'll inevitably have as well as many you haven't anticipated yet. See the source box for some relevant links.

Research, research, research – this cannot be stressed enough. Read as much as you can about the industry. Here are some book titles that are relevant:

* Building an Import/Export Business, 3rd Edition by Kenneth D. Weiss
* Import/Export: How to Get Started in International Trade by Carl A. Nelson
* Start Your Own Import/Export Business (Entrepreneur Magazine's Start Ups) by Entrepreneur Press
* Importing Into the United States: A Guide for Commercial Importers by United States Custom Service

There are plenty of free informational resources out there. Check the source box for links to articles.

Hope that helps! I wish you much success & happiness in all your ventures!

Answer 2

friend,

start with a plan like --
what are the countries for exports
and
what are the items you want to export?

next step is to get the necesssary licenses along with the merchants and traders from the purchasing countries.

next step is to have proper documentation with the your bankers and to have the secured transaction with the purchaser's banker.

next step is to decide how you would send the consignements via air or sea and to complete the relevant procedures and documentaion.

and Bingo, you have actually completed the formalities and you have actually exported the products to the purchaser country.

all the best for a bright and successful business career.

regards,
namitabh
9820680848

Answer 3

hellow

This is Dinesh from Tiruppur , running a small export business .

I sugested you to make full picture of the products which is going to export.

for example u are intersted in Textile business means u have get liceance from AEPC (apperal exporters promotional counsil) then IE code (import export code) from export clup india. then Drawback a/c from seaport & airport bank.

Then you have the knowedge in LC that means letter on credit. & BOL bill of lading .

Have some knoweldge in export documentation & frigh charges .

this are some tips for you
if you are intersted plz free to get answer.
dinesh
[e-mail]

Answer 4

Get Export licence

Answer 5

get import export code number

Answer 6

Think of what to export and where. Then think of what you are offering these people.

Answer 7

I guess you would need a godown to store your stuff