Whether you import or export, many companies tend to pay "lip service" to elements of international business that could make them more competitive.
Many companies will let the freight forwarders set the tariff or commodity codes for their products. Does the tariff code enable preferential import duty at the destination? Is there a better code with less import duty to be paid? Is there a more effective route to market within a free trade area?
What import duty will you pay at a destination country? If you have been to an export seminar and been motivated to target new markets, product suitability, cultural awareness is essential, but the knowing the landed cost is also vitally important? Can you find this out for your products?
One area of exporting and importing that with some knowledge could save money.
What about compliance, such as export licences. How can you check if your products need a licence to a specific country?
How do you export your services? What do you need to be aware of when you get an enquiry from an overseas market?
There a just a few questions that many of the commercial seminars will not answer and which have a huge bearing on whether you can sell and maintain a reasonable margin on your export sales.
We are offering a free export health check and training needs analysis for your business. So if you are interested please contact us at info@resultz.co.uk
Resultz Ltd provides the training to help all sizes of business understand the export documentation requirements and the commercial aspects of developing business overseas.
