Post by Trade Coach on Jan 12, 2018 8:50:56 GMT 1
Succeeding in the export business doesn't really require previous experience, but you should be very good at keeping things organizesd and at paying constant attention to details. If you have that innate ability to sell plus the desire and determination to make it work for you, export business might be the best thing to happen to you. Yes, you will certainly face some challenges when you are just beginning, such as figuring out how to handle shipments through a geniue and competent freight forwarder, making sure your source of export commodities produces based on your required standard (export), ensuring your commodities meets your foreign buyers standard (exports), and creating solid contacts with reliable foreign buyers. But after a short period, you will overcome these challenges and find things easy to handle.
Remember, there are a lot of mineral and natural resources in Nigeria waiting for someone to export them, you can begin to tap into this opportunity early this year as we provide you with some of the tips that will enhance a smooth take-off.
When you deal with your banker, sell yourself first before selling your idea. Whether or not you need a bank loan, make it a practice to visit your banker at least twice a year. Openly discuss your plans and business difficulties. It is part of the bank's obligation to you as it’s customer not to betray a confidence. If you require financial assistance, carefully prepare, in written form, complete information that will present a thorough understanding of your entire proposition.
Many business people or prospective business operators destroy their chances of obtaining financial help by failing to present their proposition properly. Remember, before a banker will make any loan available to you, he/she must have satisfactory answers to questions such as:
What sort of person are you? What will you do with the money? When and how do you plan to pay the money back? Does the amount requested allow for unexpected developments? What is the outlook for you, for your line of business and for the business environment in general? One of the principal causes of failures among export business practitioners is inadequate funding or financing. If you venture into export business, remember it is your responsibility to provide, or source for sufficient funding to support your business.
Foreign businessmen want markets in your country. You need to look for them. As an exporter, you are representing either the manufacturer or the producer of commodity. Be sure you are choosing a legitimate and reputable foreign business partner to avoid being scammed.
Remember, there are a lot of mineral and natural resources in Nigeria waiting for someone to export them, you can begin to tap into this opportunity early this year as we provide you with some of the tips that will enhance a smooth take-off.
When you deal with your banker, sell yourself first before selling your idea. Whether or not you need a bank loan, make it a practice to visit your banker at least twice a year. Openly discuss your plans and business difficulties. It is part of the bank's obligation to you as it’s customer not to betray a confidence. If you require financial assistance, carefully prepare, in written form, complete information that will present a thorough understanding of your entire proposition.
Many business people or prospective business operators destroy their chances of obtaining financial help by failing to present their proposition properly. Remember, before a banker will make any loan available to you, he/she must have satisfactory answers to questions such as:
What sort of person are you? What will you do with the money? When and how do you plan to pay the money back? Does the amount requested allow for unexpected developments? What is the outlook for you, for your line of business and for the business environment in general? One of the principal causes of failures among export business practitioners is inadequate funding or financing. If you venture into export business, remember it is your responsibility to provide, or source for sufficient funding to support your business.
Foreign businessmen want markets in your country. You need to look for them. As an exporter, you are representing either the manufacturer or the producer of commodity. Be sure you are choosing a legitimate and reputable foreign business partner to avoid being scammed.
