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What You Need to Start Exporting?

There are a number of prerequisites for starting an export business, and it’s important for you to know what they are so you can factor them into your planning process.

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Export Requirements

Know what export conditions are applicable for your particular goods and services.

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Legal Issues

Ensure your compliance with international legal requirements, Free Trade Agreements (FTAs), Intellectual Property Rights (IPRs), and international sales contracts.

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Financial Matters

Secure funding for increased production and operation expenses, and have an efficient payment process in place for international payments.

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Production Capability

Investment in new machinery and production technologies might be required, besides additional supply of raw materials.

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Human Resources

Get the right talents to manage shipping, logistics, and customs procedures. Multilingual skills and cultural awareness will be valuable for those international negotiations.

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Marketing Expertise

Identify the right export marketing strategies and establish connections with local distribution channels to ease your market entry.