I am looking to start a importing/exporting business. Could i get some advice/tips from anyone in the industry?

I am still doing research on it, but would appreciate it if anyone in the industry or in the know could share any tips. I haven't studied it, i am starting totally from scratch but it is something i am very keen on. I have worked in distributorship business where we brought products from another country to market in the UK, so i know a bit about that, if it helps. Hope to hear from you. I am hoping to make this my own business, which is my ideal scenario.I am looking to start a importing/exporting business. Could i get some advice/tips from anyone in the industry?
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Firstly, what is it you're importing and exporting? Check with the government department that handles imp/exp. Certain imports and exports require licenses. Also check on the documentation required. Export in most countries usually requires some dedicated paperwork for each country and for each good or product. Your documentation may include health certificates, certification that there are no natural resources being moved between countries that haven't been treated for 'travellers', check on quarantine restrictions and documentation etc. Also you'll need to know what paperwork you need to have to import and get goods cleared.





Secondly, talk to a freight forwarder in your country. Someone who knows what costs are related to shipping(airfreight and/or seafreight) docs, and what the requirements are for your goods.





Thirdly see what companies offer export/import finance insurance. These are companies that offer insurance so if your customer doesn't pay, you still get paid.









So, to the research, where do you start? Answer is, you first need to find someone that you trust, that you can work with, and that they are committed to your success. Every opportunity has someone, or some team sitting at the top of the power-leg structure, their financial success depends on your success, and so there is your starting point. Search out blogs, articles and websites where you can “join the dots”, it will all make sense when you find it. Do not be taken in by the “get rich quick” schemes, most of these are either illegal or just downright scams.





Difficult to start any brick and morter business right, almost impossible to get seed money, unless of course you are loaded :-)





check this website as an alternative, good solid biz, great potential, and you can import as much as you like to build your very own business.


http://www.3steps2fortunes.com





Hope that helps


JF
this might help.


http://www.youtube.com/watch?v=yxnWl63Av…