IMPORT/EXPORT
TIPS
|
|
JANET'S TOP TEN IMPORT/EXPORT TIPS |
|---|
|
 |
|
Top 10 Tips for Import/Export: 1. The only place where duty and tax should be paid is the last place where finished goods end up - are you paying avoidable charges? 2. Export documents are fabulous! Good export documentation is at the heart of customer care. 3. The export market presents you with infinite opportunities, even when the home market is retracting severely because of the credit crunch. 4. Your export is someone else's import - make it easy for them. 5. Never under-estimate the ignorance of the other guy - help him. 6. Keep it simple - always explain the jargon you use (FOB, CAD, ILC etc!) 7. Letters of Credit are your friend - they solve the riddle of the mutual distrust between buyer and seller. 8. You have a commercial obligation, wherever possible, legitimately to avoid paying duty and tax. 9. You face 2 big risks as an exporter and you can insure against both of them. 10. Train your deal-makers - they need a detailed understanding of the mechanics of exporting to put in place safe contracts, though they are often sent on expensive trips abroad armed only with a rudimentary overview. |
|
 
|
Website design by Ladderweb, part of The Learning Ladder Ltd © 2008 | Comments on the site? | Disclaimer |