SlideShare a Scribd company logo
1 of 33
Download to read offline
Ten-Week Import/Export
Business Blueprint
Prepared by the staff of
International Living
www.InternationalLiving.com
Copyright © 2006, Agora Ireland Publishing & Services, Ltd., No. 5 Catherine Street, Waterford,
Ireland. All rights reserved. No part of this report may be reproduced by any means without the express
written consent of the publisher. The information contained herein is obtained from sources believed to
be reliable, but its accuracy cannot be guaranteed.
FROM THE PUBLISHER
Dear Import/Export Entrepreneur,
When we put together International Living’s Complete Guide To Import/Export, we knew it was
important to include absolutely everything you needed to get up and running. But once it was done, we
thought you might also appreciate having a way to keep track of everything in a logical and orderly—
and timely—fashion. So we created the Ten-Week Import/Export Business Blueprint as a companion for
your Guide.
Follow this 10-week outline, and your business dreams will become your new reality in just
10 weeks.
Once you have your business set up, and have performed the groundwork it takes to get started,
you will be amazed at how your life will change. The freedom you’ll enjoy will be far greater than
anything you’ve experienced working for someone else.
What has struck me about the people I know who run their own import/export business is how
seamlessly they conduct their business transactions. They have it organized into a science—which
enables them to take full advantage of its main benefits: the freedom, the fun, and the profits.
We wanted you to have a very clear path staked out that you could easily follow. This way you can
feel confident that you are doing everything you should be doing—and are still enjoying the fun
aspects of doing your business.
I wish you the fastest and biggest-possible success in your new endeavor.
Sincerely,
Kathleen Peddicord
Publisher, International Living
Ten-Week Import/Export Business Blueprint
Week #1: Getting Started............................................................................................1
Week #2: First Steps To Organizing Your Business ....................................................4
Week #3: Do You Want To Import Or Export, Or Both? ............................................5
Week #4: Choosing Your Products ............................................................................7
Week #5: Finding Your Products................................................................................9
Week #6: Setting Up Shop: Office And Distribution Decisions ................................10
Week #7: Learn Everything You Need To Know About Importing
Products Into The U.S. ............................................................................12
Week #8: Marketing And Selling Your Products ........................................................14
Week #9: Financing And Final Decisions ..................................................................17
Week #10: Once The Nitty Gritty Details Are Done...
It’s Time To Have Fun ................................................................................18
APPENDICES:
Contact Sheet................................................................................................................19
Manufacturer Information Sheet ..................................................................................21
Product Information Sheet............................................................................................23
Reasonable Care Checklist ............................................................................................25
WEEK #1: GETTING STARTED
Tasks
K Start dreaming: Where do you most want to go? What do you think you might like to
sell? Brainstorm these two lists and record them here…
K Eleven keys to success: Which ones do you naturally have, and which ones will need a
little boost? (Score yourself below and record your answers)
Eleven keys to success
Open to page 17 of your Complete Guide and review each of the 11 keys. Score yourself on each
one from 1 to 10 (10 being the highest score) in each of the following areas:
1. Schmoozability ___
2. Ability to “close the deal!”___
3. Disciplined work habits ___
4. Business know-how ___
5. Seed capital ___
6. Ability to work unsupervised ___
7. Knowledge of world politics, economics, local customs, and language ___
8. Gritty persistence ___
1
“The secret to a rich life is to have more beginnings than endings.”
- Dave Weinbaum
9. Willingness to change tack when necessary ___
10. Market awareness ___
11. Expertise ____
For any areas where your score is under seven, you will want to get people you trust to help you in
those areas so you can get up to speed and develop the skills you need to succeed. Take a moment
to jot down some notes on ways to boost your lower scores—and celebrate the high ones!
K Take the “Acid Test”.
The “Acid Test”
Answer “yes” or “no” to each of the questions below.
• Are you tolerant of people from other backgrounds and cultures?
• Are you prepared to “rough it” at times in your travels…to do without paved roads, top class
hotels, fancy restaurants, and American-style bathrooms?
• Can you face up to minor setbacks without getting angry and frustrated?
• Do you have a business background? If not, are you willing to put in the necessary hours and
hard work to learn about accounting and other business principles?
• Are you a stickler for detail, in the habit of checking every household bill for accuracy?
• Do you have a genuine interest in other people’s lives?
• Can you work without supervision?
• Do you have high energy levels?
• Can you “talk the talk,” be persuasive, and sell yourself and your business to others?
• Are you knowledgeable or willing to learn about customs and business protocol in the countries
you intend to deal with?
• Are family members, especially your spouse or partner, as enthusiastic as you are about going
into import/export?
• Do you have savings or a source of income that can tide you over until you start making
a profit?
How many “yes” answers do you have?
How many “no’s?”
The more yes’s you have, the better you will fare in the import/export industry, but many obstacles
can be overcome with help from others and with your own determination. Look back over your
Special Report
2
answers now. See what it would take for you to turn the no’s into yes’s—or at least maybe’s—and
make some notes on your thoughts.
You’ll come back to these lists as you develop your business plan later on. The best business
people don’t throw in the towel on their grand idea when they come across obstacles—they come
up with solutions and plans instead, that turn their weaknesses into strengths.
K Call a travel agent and get information packets on two or three of the countries you wish
to import from or export to.
Notes:
3
Ten-Week Import/Export Business Blueprint
4
WEEK #2: FIRST STEPS TO ORGANIZING
YOUR BUSINESS
Tasks
K Begin your general research into the import/export business:
K Subscribe to at least two publications that focus on the import/export business.
K Locate five people and/or companies involved in import/export in your local area and set
up appointments to go see them and their collection of products.
K Contact at least two governments or state agencies that promote import or export trade and
have them send you information.
K Review your options for a business structure. Is there one that seems right to you, or will
you need to do more research before you can decide?
K If you are ready, get the paperwork at an office supply store or online at www.nolo.com.
K If you aren’t ready to make a decision on structure, make notes here of what further
information you’ll need before you’re ready to decide.
K Look up your local Small Business Association or go to www.sba.gov. Request an
information packet that will identify your local area’s requirements for licensing, permits,
and taxes as a business.
K Look at the section on developing your business plan on page 40. Start a business plan
template on your computer using all of the major headings in the guide.
K Search online to gather general information and price ranges to travel to one of the
countries you are considering for your first buying trip.
“You can’t cross the sea merely by standing and staring at the water.”
- Rabindranath Tagore
5
WEEK #3: DO YOU WANT TO IMPORT
OR EXPORT, OR BOTH?
Tasks
K Decide if you will focus on importing or exporting—or if your plan will require both.
K Which one would you like to try first—exploring foreign countries and bringing home
unique objects or sending products to other countries where certain products are in demand?
K If you plan to export, answer the following questions:
• What local products could I export to other countries?
• To which country would I like to export local products?
• Is there a market for the products I want to export?
K Complete your basic research on four of the countries that top your list.
K Find out each country’s “rating.” This rating will tell you the financial stability of the
“Man cannot discover new oceans unless he has
the courage to lose sight of the shore.”
- Andre Gide
country and the economic climate there.
K Contact the Trade Information Center (TIC), District Export Councils (DECs), The Women
in International Trade Initiative, the Rural Export Initiative (REI), and
K Get the Country Commercial Guide for the country you most plan to export to
(if exporting).
K Determine what kind of documentation you will need for your products and the country you
plan to export to or import from.
K Research tariffs, port handling fees, and taxes through the www.census.gov site.
K Research five manufacturers and complete a Manufacturer Information Form for each found
at the back of this workbook.
Note: This form includes inspection questions that will keep you safe from rogue traders.
You will want to make additional copies to use for each manufacturing company you
are researching.
Notes:
Special Report
6
7
WEEK #4: CHOOSING YOUR PRODUCTS
Tasks
K Identify marketable items made in your country overseas, or not previously sold in the
U.S.—or your own home country. Foreign consulates can be an excellent source of
this information.
K Contact trade associations in other countries to get information about possible
import products.
K Look for new and innovative items made in other countries by visiting those countries or
reading advertisements in their magazines.
K Join import/export associations, read their newsletters, and, if possible, attend
their meetings.
K Identify products that have been successfully imported to other countries but have not been
imported to the U.S.
K Ask well-traveled friends and family about products they have come across that could be
successful in the U.S. market.
K Ask potential customers whether they would consider buying the type of goods you wish
to import.
K Finalize your research and pick five products that you plan to import or export and begin
completing your Product Information Sheet in the back of this workbook.
1.
2.
3.
4.
5.
“What is a weed? A plant whose virtues have never been discovered.”
- Ralph Waldo Emerson
Product
Answer these questions 1 2 3 4 5
No matter which product you
choose, can your product be
imported/exported?
Have you the necessary cash to buy
outright or are you using borrowed
money to acquire the inventory?
How much will it cost to ship these
products? If you add on the costs of
shipping and a sizable profit, will
they be at a marketable price?
Will there be any additional
expenses, such as repairs if the
goods are not in salable condition/
working order?
Does the product work outside its
country of origin? If you import an
electrical item, it may need a new
plug or adapter to run. Other relevant
questions could be is it compatible
with other U.S. accessories and
products? And are the instructions in
the right language?
Do you have room to store the
merchandise while you are waiting
for the customers to roll in?
K Look over the information you collected this week and plug it into your business plan
template where appropriate.
K Apply for any permits and other documentation that you’ll need to bring back the
products you’ve chosen.
Notes:
Special Report
8
9
WEEK #5: FINDING YOUR PRODUCTS
Tasks
K Using the references in the guide—as well as Google or any other search engine—begin
looking for suppliers of the products you plan to import or export and determine your
game plan for securing the items at a good price.
K If necessary (i.e. if you want) start setting up your first buying trip as soon as you’ve
determined what products you’d like and where they will come from.
K First things first…if you don’t already have a passport…get one. Apply today.
K Locate a shipper in the area you wish to ship the goods from.
K Obtain any business licenses or permits you need to run your business.
K Contact a supplier for each of your five products and schedule a meeting to tour their
facility while you’re on your upcoming trip.
K Determine if you’ll need an inspection agency or loading supervision agency.
K Look over the information you collected this week and plug it into your business plan
template where appropriate.
“There comes a time in every rightly constructed boy’s life when he has a raging
desire to go somewhere and dig for hidden treasure.”
- Mark Twain
You’re halfway there!
Congratulations! By now you have completed reading the entire guide—and are well on your way to
having gathered enough information to launch your business.
In the second half of this workbook you will take the final steps to secure your products, set up your
office, and organize your distribution and warehousing plans as necessary.
You will also finalize your business plan, your marketing plan, and your bookkeeping and financial
management strategies. Remember, this business offers incredible tax benefits as long as you manage your
receipts properly.
This is also a great time to get your airline tickets and set up your first buying trip—especially if this is
the part of the business that you are most excited about.
Remember, as you do the hard work of getting prepared to launch your business, to also do something
fun every single day as well. This will help you keep up your enthusiasm—even as you take care of details
and focus on complying with rules and regulations. Those are just small stepping stones toward your
ultimate goal: freedom and profits.
Carry on!
10
WEEK #6: SETTING UP SHOP: OFFICE AND
DISTRIBUTION DECISIONS
Tasks
Office decisions
K Decide where you will have your office.
K Drive through your local office complexes and shopping centers and discover what office
space is available. Call and get rental costs on three or more properties.
K Verify zoning requirements for the building or space you intend to use for your business.
K Make a list of the equipment you will need such as computer, fax, etc. For any items you
need that you don’t already own, go to an office supply store or online catalog and
determine the cost of purchasing what you need.
Distribution decisions
K Research at least two fulfillment houses and find out:
K How much space you think you’ll need. Try to estimate your volume of space required for
each object and how many pieces you plan to store at a time.
K What fulfillment houses are available and will work best for your needs?
K How much does the fulfillment house charge for space rental, charge per product line,
charge per pallet, etc?
K What costs are you responsible for?
K Decide what kind of facility you will store your merchandise in. In your home? In a
warehouse? In a fulfillment house? Or will you rent space?
K If you will handle fulfillment, work through a packing process and determine the best
method for picking, pulling, and shipping merchandise.
K Order your business cards, including your international exchange.
K When planning your trip, schedule a tour of any fulfillment houses, warehouses, or office
buildings that you plan to use in the country.
“Individuality is freedom lived.”
– John Dos Possos
11
K Look over the information you collected this week and plug it into your business plan
template where appropriate.
Notes:
Ten-Week Import/Export Business Blueprint
“I determined never to stop until I had come
to the end and achieved my purpose.”
– David Livingstone
12
WEEK #7: LEARN EVERYTHING YOU NEED
TO KNOW ABOUT IMPORTING PRODUCTS
INTO THE U.S.
Tasks
K Go to www.customs.gov and get to know this site and the rules and regulations it details.
Bookmark this site and add it to your favorites as you will check for changes and new
material regularly as you move ahead with your business.
K Complete your Reasonable Care Checklist (see back of workbook) for your first planned
expedition. This will help you pinpoint any information that you’re missing and track it
down in plenty of time.
K Find a good customs broker through your local yellow pages, www.cbp.gov or
www.ncbfaa.org.
K Determine what type of entry your goods will have.
K Determine if your products will be subject to duty by researching it in the Harmonized
Tariff Schedule of the U.S. at your local library or buy a copy at http://bookstore.gpo.gov.
K Understand the marking and labeling requirements of the U.S.
K Begin collecting the paperwork necessary for U.S. Customs. This includes:
K Entry Manifest (Customs Form 7533) or,
K Application and Special Permit for Immediate Delivery (Customs Form 3461) or,
K Other form of merchandise release as required by the port director.
K Evidence of a right to make entry.
K Commercial invoice or a pro forma invoice when the commercial invoice cannot
be produced.
K Packing lists, if appropriate.
K Other documents necessary to determine merchandise admissibility.
K Begin creating and collecting paperwork necessary for your visit to your chosen
country. This includes paperwork necessary to get out of the country with your goods and
into the U.S. (or, if you are exporting, paperwork to get your goods out of the U.S. and
into the country you plan to visit).
K Locate three customs agents and find out what services they provide.
K Look over the information you collected this week and plug it into your business plan
template where appropriate.
Notes:
13
Ten-Week Import/Export Business Blueprint
14
WEEK #8: MARKETING AND SELLING
YOUR PRODUCTS
Tasks
K Determine your target audience.
K Develop a marketing plan:
K Develop a marketing budget
K Answer the following questions about your target audience.
K Who is your target audience? Describe them in detail—where do they live, what do they
buy, what’s the demographic, etc.? Use as much detail as possible.
K What customs and languages are common in the countries you wish to travel to?
K What venues can you market your materials at—festivals, fairs, conventions, and so
forth. List them here:
“Vision is not enough, it must be combined with venture.”
– Vaclav Havel
K What publication does your target audience read? How much do ads in these
magazines or newspapers cost?
K Can you get enough volume of your products to sell into a large chain of stores or do
you want to stick with the smaller store outfits? Or maybe you’ll choose to just do
customized orders? Or maybe sell exclusively through the Internet? Take some time to
brainstorm all the ways you could sell your products and research which ones would be
the best fit.
J Determine what advertising methods would be best for your business:
• Fairs and festivals
• Trade shows
• Publications
• Radio
• Direct mail
• Online
• Ebay
J Contact the top three magazines or newspapers of your target audience and get price quotes
on the costs of ads.
J Contact two fairs, festivals, or trade shows in your local area and find out the cost of entry
and dates. Request to be on their vendors’ mailing list so you will be notified of
future shows.
J Develop a small space ad for your company, targeting your audience and with a specific
publication in mind.
J Visit online chat forums and chat with others involved in import/export to gather tips and
pose questions to people who already have some experience. (Hint: Chat rooms can be
a great source of help and support, but too much time spent on them can be time
wasted…beware!)
J Write a form letter of inquiry for local merchants asking them of their interest in the
products you plan to sell.
15
Ten-Week Import/Export Business Blueprint
J Commit 3% to 8% of your budget toward marketing and advertising and mark that number
down with all the other financial information you’ve gathered so far.
J Consider writing articles for publication about the information you’ve discovered. Even
beginners like to learn from other beginners—and sometimes you can obtain free
advertising in lieu of payment for your article.
J Line up three retailers to audition your five products. Set up “auditions” for each of your
five products.
J Hire a customs agent.
J Look over the information you collected this week and plug it into your business plan
template where appropriate.
Notes:
16
Special Report
17
WEEK #9: FINANCING AND FINAL
DECISIONS
Tasks
K Finalize any paperwork you require for permits, fees, etc.
K Finalize your marketing plan.
K Finalize your business plan.
K Obtain the seed money for your business using a low-rate credit card, line of credit,
personal loan, business bank loan, or investors.
K If you’ve booked a buying trip, answer the following:
K What fees will you need to pay upfront? You’ll need money to incorporate, pay for legal
costs, set up a website, for on-going utilities, replacing inventory, shipping, insurance,
custom duties, etc.
K Will you need a letter of credit? Or will you need to have cash on hand in the currency of
the country you will get the product from?
Notes:
“Rich the treasure, sweet the pleasure.”
– John Dryden
18
“Twenty years from now you will be more disappointed by the things
that you didn’t do than by the ones you did do. So throw off the bowlines.
Sail away from the safe harbor. Catch the trade winds in your sails.
Explore. Dream. Discover.”
– Mark Twain
WEEK #10: ONCE THE NITTY GRITTY
DETAILS ARE DONE…IT’S TIME
TO HAVE FUN
Tasks
K Enter sales in the sales ledger/spreadsheet as soon as you make out the invoice.
K Record payments received in the sales ledger/spreadsheet as soon as you receive them.
K Record purchases in the purchase ledger/spreadsheet as soon as a bill comes in. Better still,
do it when you place an order.
K Enter payments made in the purchase ledger/spreadsheet as you write out your checks.
K At least every month, reconcile your sales and purchase ledgers.
K Chase up all outstanding payments as soon as they become overdue.
K Every time you receive a bank statement, reconcile it against your cash book, then your
sales and purchase ledgers against your cash book.
K Determine your record keeping system. If this requires a computer, software or any
training that you don’t have, you will need to acquire these.
K How will you accept payments? Will you process payments through your website, at a
store, or through another method? Make sure whatever method you choose is acceptable
to your customers.
K When the time comes…start packing for your first trip. Remember to pack the following:
K Your Buyer’s Journal
K Sales contracts
K Permits
K Credit information for payment
K Appropriate attire for the country and season
K Comfortable shoes
K Your sense of adventure!
19
20
21
MANUFACTURER INFORMATION SHEET
Name of company:
Address:
Phone: Verified? K
Fax: Verified? K
Shipping address: Verified? K
What products does this company produce?
Product Product number Product description Price
(Continued on next page)
MANUFACTURER INFORMATION SHEET
K Is the company registered with the business registrar in their country?
K Have you met the supplier in person? Make a trip to their office or factory to verify their
existence and build a relationship.
K Has a sample been purchased/auditioned?
K Did the sample meet your expectations?
K Will the company accept a letter of credit? Unless this is a one-to-one dealing with local
people, they should accept this. Be wary if they don’t.
K Has a thorough background check been done? This needs to be done before any money
exchanges hands—even the initial deposit.
Comments on the company:
22
23
24
25
REASONABLE CARE CHECKLIST
For use when dealing with U.S. Customs
Questions that apply to all transactions
J If you are not using the services of an expert/agent (lawyer, customs broker) to help you
comply with U.S. Customs’ requirements, do you have access to the Customs Regulations, the
Harmonized Tariff Schedule of the U.S., and Customs Bulletin and Decisions?
(All three are available from the Superintendent of Documents; tel. (202)512-1800.)
J Have you access to the U.S. Customs website at www.customs.gov, or other Customs research
services that provide information and guidance on establishing reliable procedures to facilitate
compliance with Customs laws and regulations?
J Do you have an individual within your organization with the knowledge to check and ensure
that your Customs documentation is full, complete, and accurate? If the documents are being
prepared by an agent, will you receive copies of the information submitted to Customs? Will
the information be reviewed for accuracy, and will Customs be informed of needed corrections
as quickly as possible?
J Are you using the services of an agent to help you comply with Customs import requirements?
If so have you provided that agent with complete and accurate information about
the transaction?
J Have you found that identical transactions or merchandise are handled differently at different
ports or Customs offices? If so, have you brought this to the attention of a Customs official?
Questions by topic
Merchandise description and tariff classification
J Do you know exactly what you ordered, where and how it was made, and what it is made of?
J Have you provided a complete, accurate description of your merchandise to Customs in
accordance with regulations?
J Has Customs been given the correct tariff classification for your merchandise in accordance
with regulations?
J Have you obtained a ruling from Customs regarding the description of your merchandise and/or
its tariff classification? If so, have you notified Customs officials of the ruling and your
compliance with it?
J If merchandise descriptions or tariff classifications are not immediately available, do you have a
reliable procedure for obtaining them and providing them to Customs?
Special Report
J Have you participated in a Customs pre-classification of your merchandise in order to get it
properly described and classified?
J Have you checked through the tariff schedules, read Customs informed compliance publications
and Customs rulings in order to properly describe and classify your merchandise?
J Have you consulted with an expert (lawyer, customs broker) to assist in preparing an accurate
description and/or classification of the merchandise?
J If you are claiming a conditionally free or special tariff classification for your merchandise (e.g.
NAFTA), have you verified that your goods do qualify for that status? Have you got all the
necessary documentation to support the claim? If making a NAFTA claim, have you got a
NAFTA certificate of origin?
J Is your merchandise likely to require laboratory analysis or other specialized procedures to
establish proper description and classification?
J Do you have reliable procedures in place to maintain and accurately produce required entry
documentation and supporting information?
Valuation
J Have you provided Customs with a proper declared value for your merchandise in accordance
with regulations?
J Have you obtained a Customs ruling regarding valuation of the merchandise? Can you establish
that you followed the ruling reliably? Have you brought those facts to Customs’ attention?
J Have you consulted Customs valuation laws and regulations, Customs Valuation Encyclopedia,
Customs informed compliance publications, court cases, and any Customs rulings that can help
you in valuing merchandise?
J If you purchased the merchandise from a “related” seller, have you reported that fact upon
entry? Have you assured that the value reported to Customs meets one of the “related party”
tests?
Note: There are a number of conditions to be met when a transaction is carried out between
family members. Customs regulations state:
“The transaction value between a related buyer and seller is acceptable for the purposes of this
subsection if an examination of the circumstances of the sale of the imported merchandise
indicates that the relationship between such buyer and seller did not influence the price actually
paid or payable; or if the transaction value of the imported merchandise closely approximates.”
J Have you assured that all legally required costs or payments associated with the imported
merchandise (assists, commissions, indirect payments or rebates, royalties, etc.) have been
reported to Customs?
J If you are declaring a value based upon a transaction in which you were/are not the buyer, have
you substantiated that the transaction is a bona fide “sale at arm’s length” and that the
merchandise was clearly destined to the U.S. at the time of sale?
26
J If you are claiming a conditionally free or special tariff classification or provision for your
merchandise, have you reported the required value information and obtained the documentation
necessary to support the claim?
J Have you produced the required entry documentation and supporting information?
Country of origin, markings, quotas
J In your entry documents, have you reported the correct country of origin?
J Have you made sure that the merchandise is marked properly with the correct country of origin,
and that any other applicable marking requirements are in order (watches, gold, textile
labeling, etc)?
J Do you have a Customs ruling regarding the proper marking and country of origin of the
merchandise? If so, have you followed the ruling and brought that fact to Customs’ attention?
J Have you used the services of a Customs expert to ascertain the correct country of origin/proper
marking of your merchandise?
J Have you informed your foreign supplier of the requirements for country-of-origin markings
prior to importing your merchandise?
J If you are claiming that the goods are of U.S. origin, do you have the proof to substantiate your
claim?
J If importing textiles or apparel, have you ascertained the correct country of origin in accordance
with regulations, and assured yourself that no false, fraudulent, or illegal practices were
involved?
J Do you know what your goods are made of, how they were made, and by who made them?
J Have you ensured that the quota category is correct?
J Have you checked the most recent report on import quotas, issued by Customs, to see if your
merchandise is subject to a quota category with “part” categories?
J Do you have correct visas for any goods subject to visa categories?
J For textile articles, have you prepared a proper country declaration for each entry, i.e., a single-
country declaration (if wholly obtained/produced) or a multi-country declaration (if raw
materials from one country were transformed into goods in a second)?
J Can you produce all entry documentation and supporting information, including certificates of
origin, if Customs requires you to do so?
Intellectual property rights
J If you are importing goods or packaging, bearing a trademark registered in the U.S., have you
established that it is genuine and not restricted from importation under the “gray market” or
parallel-import requirements of U.S. law, or that you have permission from the trademark
holder to import the merchandise?
27
Ten-Week Import/Export Business Blueprint
J If you are importing goods or packaging, that include registered copyrighted material, have you
established that this material is authorized and genuine? If you are importing sound recordings
of live performances, were the recordings authorized?
J Is your merchandise subject to an International Trade Commission or court-ordered
exclusion order?
J Can you produce the required entry documentation and supporting information?
Miscellaneous
J Have you made sure that your goods comply with the requirements of other government
agencies (FDA, EPA, Department of Agriculture, etc.) and if required, obtained licenses or
permits from them?
J Is your merchandise subject to a “dumping” or “countervailing-duty investigation” or
determination? If so, have you complied with Customs reporting requirements of this fact?
J Is any of your merchandise subject to quota/visa requirements? If so, have you provided a
correct visa for the goods upon entry?
J Have you assured that you have the right to make entry under the Customs regulations?
J Have you made sure you are filing the correct type of Customs entry (e.g., TIB, T&E,
consumption entry, mail entry)?
28
Special Report
www.InternationalLiving.com

More Related Content

Similar to 001 le guide pour importer exporter biz guide

the marketers guide to exporting
the marketers guide to exportingthe marketers guide to exporting
the marketers guide to exportingGiovanni Sansovini
 
the marketers guide to exporting
the marketers guide to exportingthe marketers guide to exporting
the marketers guide to exportingSarah-Jane Wall
 
Promoting your business abroad. A marketer's guide to exporting.
Promoting your business abroad.  A marketer's guide to exporting.  Promoting your business abroad.  A marketer's guide to exporting.
Promoting your business abroad. A marketer's guide to exporting. BurCom Consulting Ltd.
 
2015-Your-Guide-to-Starting-a-Small-Enterprise.pdf
2015-Your-Guide-to-Starting-a-Small-Enterprise.pdf2015-Your-Guide-to-Starting-a-Small-Enterprise.pdf
2015-Your-Guide-to-Starting-a-Small-Enterprise.pdfkenneth218994
 
powerpoint presentation on Entrepreneurship
powerpoint presentation on Entrepreneurshippowerpoint presentation on Entrepreneurship
powerpoint presentation on EntrepreneurshipKAMRAN AHMED KHAN
 
What is your vehicle for career success?
What is your vehicle for career success?What is your vehicle for career success?
What is your vehicle for career success?robertglenister
 
NEW YORK INSTITUTE OF TECHNOLOGYSchool of ManagementFALL 2019 .docx
NEW YORK INSTITUTE OF TECHNOLOGYSchool of ManagementFALL 2019 .docxNEW YORK INSTITUTE OF TECHNOLOGYSchool of ManagementFALL 2019 .docx
NEW YORK INSTITUTE OF TECHNOLOGYSchool of ManagementFALL 2019 .docxvannagoforth
 
Businessplannerenglish 090227152253-phpapp01
Businessplannerenglish 090227152253-phpapp01Businessplannerenglish 090227152253-phpapp01
Businessplannerenglish 090227152253-phpapp01amit kumar
 
Entrepreneurial guide
Entrepreneurial guideEntrepreneurial guide
Entrepreneurial guideJai Sethi
 
How to sell internationally - PayPal ebook
How to sell internationally - PayPal ebookHow to sell internationally - PayPal ebook
How to sell internationally - PayPal ebookPayPalMoscow
 
Basic Five Training
Basic Five Training Basic Five Training
Basic Five Training Lester Faison
 
Entrepreneurship workshop in Greece
Entrepreneurship workshop in Greece   Entrepreneurship workshop in Greece
Entrepreneurship workshop in Greece avitae
 
Zappos Preso 2009-05-09 GoDaddy.com
Zappos Preso 2009-05-09 GoDaddy.comZappos Preso 2009-05-09 GoDaddy.com
Zappos Preso 2009-05-09 GoDaddy.comAlfred Lin
 
Cse part iv mine
Cse part iv mineCse part iv mine
Cse part iv mineneeason
 
Succeeding in business pt 2
Succeeding in business pt 2Succeeding in business pt 2
Succeeding in business pt 2Tony Morrison
 
IMPORT/EXPORT MILLIONAIRE
IMPORT/EXPORT MILLIONAIREIMPORT/EXPORT MILLIONAIRE
IMPORT/EXPORT MILLIONAIREdlisha
 

Similar to 001 le guide pour importer exporter biz guide (20)

the marketers guide to exporting
the marketers guide to exportingthe marketers guide to exporting
the marketers guide to exporting
 
the marketers guide to exporting
the marketers guide to exportingthe marketers guide to exporting
the marketers guide to exporting
 
Promoting your business abroad. A marketer's guide to exporting.
Promoting your business abroad.  A marketer's guide to exporting.  Promoting your business abroad.  A marketer's guide to exporting.
Promoting your business abroad. A marketer's guide to exporting.
 
10 questions to ask before expanding overseas
10 questions to ask before expanding overseas10 questions to ask before expanding overseas
10 questions to ask before expanding overseas
 
Getting ready to launch
Getting ready to launchGetting ready to launch
Getting ready to launch
 
2015-Your-Guide-to-Starting-a-Small-Enterprise.pdf
2015-Your-Guide-to-Starting-a-Small-Enterprise.pdf2015-Your-Guide-to-Starting-a-Small-Enterprise.pdf
2015-Your-Guide-to-Starting-a-Small-Enterprise.pdf
 
powerpoint presentation on Entrepreneurship
powerpoint presentation on Entrepreneurshippowerpoint presentation on Entrepreneurship
powerpoint presentation on Entrepreneurship
 
What is your vehicle for career success?
What is your vehicle for career success?What is your vehicle for career success?
What is your vehicle for career success?
 
NEW YORK INSTITUTE OF TECHNOLOGYSchool of ManagementFALL 2019 .docx
NEW YORK INSTITUTE OF TECHNOLOGYSchool of ManagementFALL 2019 .docxNEW YORK INSTITUTE OF TECHNOLOGYSchool of ManagementFALL 2019 .docx
NEW YORK INSTITUTE OF TECHNOLOGYSchool of ManagementFALL 2019 .docx
 
Businessplannerenglish 090227152253-phpapp01
Businessplannerenglish 090227152253-phpapp01Businessplannerenglish 090227152253-phpapp01
Businessplannerenglish 090227152253-phpapp01
 
10 questions to ask before expanding overseas
10 questions to ask before expanding overseas10 questions to ask before expanding overseas
10 questions to ask before expanding overseas
 
Entrepreneurial guide
Entrepreneurial guideEntrepreneurial guide
Entrepreneurial guide
 
How to sell internationally - PayPal ebook
How to sell internationally - PayPal ebookHow to sell internationally - PayPal ebook
How to sell internationally - PayPal ebook
 
Basic Five Training
Basic Five Training Basic Five Training
Basic Five Training
 
export-guide-infographic
export-guide-infographicexport-guide-infographic
export-guide-infographic
 
Entrepreneurship workshop in Greece
Entrepreneurship workshop in Greece   Entrepreneurship workshop in Greece
Entrepreneurship workshop in Greece
 
Zappos Preso 2009-05-09 GoDaddy.com
Zappos Preso 2009-05-09 GoDaddy.comZappos Preso 2009-05-09 GoDaddy.com
Zappos Preso 2009-05-09 GoDaddy.com
 
Cse part iv mine
Cse part iv mineCse part iv mine
Cse part iv mine
 
Succeeding in business pt 2
Succeeding in business pt 2Succeeding in business pt 2
Succeeding in business pt 2
 
IMPORT/EXPORT MILLIONAIRE
IMPORT/EXPORT MILLIONAIREIMPORT/EXPORT MILLIONAIRE
IMPORT/EXPORT MILLIONAIRE
 

More from elite01pm

David ricardo le pere du free trade
David ricardo le pere du free tradeDavid ricardo le pere du free trade
David ricardo le pere du free tradeelite01pm
 
China importing guide
China importing guideChina importing guide
China importing guideelite01pm
 
Business in usa eng
Business in  usa engBusiness in  usa eng
Business in usa engelite01pm
 
Bp sample-american-brewery-inc
Bp sample-american-brewery-incBp sample-american-brewery-inc
Bp sample-american-brewery-incelite01pm
 
Beyond borders-exports
Beyond borders-exportsBeyond borders-exports
Beyond borders-exportselite01pm
 
Basic biz plan
Basic biz planBasic biz plan
Basic biz planelite01pm
 
01 export business
01 export business01 export business
01 export businesselite01pm
 
01 etapes export
01 etapes export01 etapes export
01 etapes exportelite01pm
 

More from elite01pm (8)

David ricardo le pere du free trade
David ricardo le pere du free tradeDavid ricardo le pere du free trade
David ricardo le pere du free trade
 
China importing guide
China importing guideChina importing guide
China importing guide
 
Business in usa eng
Business in  usa engBusiness in  usa eng
Business in usa eng
 
Bp sample-american-brewery-inc
Bp sample-american-brewery-incBp sample-american-brewery-inc
Bp sample-american-brewery-inc
 
Beyond borders-exports
Beyond borders-exportsBeyond borders-exports
Beyond borders-exports
 
Basic biz plan
Basic biz planBasic biz plan
Basic biz plan
 
01 export business
01 export business01 export business
01 export business
 
01 etapes export
01 etapes export01 etapes export
01 etapes export
 

Recently uploaded

GD Birla and his contribution in management
GD Birla and his contribution in managementGD Birla and his contribution in management
GD Birla and his contribution in managementchhavia330
 
Lowrate Call Girls In Sector 18 Noida ❤️8860477959 Escorts 100% Genuine Servi...
Lowrate Call Girls In Sector 18 Noida ❤️8860477959 Escorts 100% Genuine Servi...Lowrate Call Girls In Sector 18 Noida ❤️8860477959 Escorts 100% Genuine Servi...
Lowrate Call Girls In Sector 18 Noida ❤️8860477959 Escorts 100% Genuine Servi...lizamodels9
 
Keppel Ltd. 1Q 2024 Business Update Presentation Slides
Keppel Ltd. 1Q 2024 Business Update  Presentation SlidesKeppel Ltd. 1Q 2024 Business Update  Presentation Slides
Keppel Ltd. 1Q 2024 Business Update Presentation SlidesKeppelCorporation
 
FULL ENJOY - 9953040155 Call Girls in Chhatarpur | Delhi
FULL ENJOY - 9953040155 Call Girls in Chhatarpur | DelhiFULL ENJOY - 9953040155 Call Girls in Chhatarpur | Delhi
FULL ENJOY - 9953040155 Call Girls in Chhatarpur | DelhiMalviyaNagarCallGirl
 
Pitch Deck Teardown: NOQX's $200k Pre-seed deck
Pitch Deck Teardown: NOQX's $200k Pre-seed deckPitch Deck Teardown: NOQX's $200k Pre-seed deck
Pitch Deck Teardown: NOQX's $200k Pre-seed deckHajeJanKamps
 
Cash Payment 9602870969 Escort Service in Udaipur Call Girls
Cash Payment 9602870969 Escort Service in Udaipur Call GirlsCash Payment 9602870969 Escort Service in Udaipur Call Girls
Cash Payment 9602870969 Escort Service in Udaipur Call GirlsApsara Of India
 
/:Call Girls In Indirapuram Ghaziabad ➥9990211544 Independent Best Escorts In...
/:Call Girls In Indirapuram Ghaziabad ➥9990211544 Independent Best Escorts In.../:Call Girls In Indirapuram Ghaziabad ➥9990211544 Independent Best Escorts In...
/:Call Girls In Indirapuram Ghaziabad ➥9990211544 Independent Best Escorts In...lizamodels9
 
Regression analysis: Simple Linear Regression Multiple Linear Regression
Regression analysis:  Simple Linear Regression Multiple Linear RegressionRegression analysis:  Simple Linear Regression Multiple Linear Regression
Regression analysis: Simple Linear Regression Multiple Linear RegressionRavindra Nath Shukla
 
7.pdf This presentation captures many uses and the significance of the number...
7.pdf This presentation captures many uses and the significance of the number...7.pdf This presentation captures many uses and the significance of the number...
7.pdf This presentation captures many uses and the significance of the number...Paul Menig
 
M.C Lodges -- Guest House in Jhang.
M.C Lodges --  Guest House in Jhang.M.C Lodges --  Guest House in Jhang.
M.C Lodges -- Guest House in Jhang.Aaiza Hassan
 
VIP Call Girl Jamshedpur Aashi 8250192130 Independent Escort Service Jamshedpur
VIP Call Girl Jamshedpur Aashi 8250192130 Independent Escort Service JamshedpurVIP Call Girl Jamshedpur Aashi 8250192130 Independent Escort Service Jamshedpur
VIP Call Girl Jamshedpur Aashi 8250192130 Independent Escort Service JamshedpurSuhani Kapoor
 
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...anilsa9823
 
Lowrate Call Girls In Laxmi Nagar Delhi ❤️8860477959 Escorts 100% Genuine Ser...
Lowrate Call Girls In Laxmi Nagar Delhi ❤️8860477959 Escorts 100% Genuine Ser...Lowrate Call Girls In Laxmi Nagar Delhi ❤️8860477959 Escorts 100% Genuine Ser...
Lowrate Call Girls In Laxmi Nagar Delhi ❤️8860477959 Escorts 100% Genuine Ser...lizamodels9
 
BEST Call Girls In Greater Noida ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
BEST Call Girls In Greater Noida ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,BEST Call Girls In Greater Noida ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
BEST Call Girls In Greater Noida ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,noida100girls
 
Tech Startup Growth Hacking 101 - Basics on Growth Marketing
Tech Startup Growth Hacking 101  - Basics on Growth MarketingTech Startup Growth Hacking 101  - Basics on Growth Marketing
Tech Startup Growth Hacking 101 - Basics on Growth MarketingShawn Pang
 
Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...
Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...
Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...Dipal Arora
 
(8264348440) 🔝 Call Girls In Mahipalpur 🔝 Delhi NCR
(8264348440) 🔝 Call Girls In Mahipalpur 🔝 Delhi NCR(8264348440) 🔝 Call Girls In Mahipalpur 🔝 Delhi NCR
(8264348440) 🔝 Call Girls In Mahipalpur 🔝 Delhi NCRsoniya singh
 
Lean: From Theory to Practice — One City’s (and Library’s) Lean Story… Abridged
Lean: From Theory to Practice — One City’s (and Library’s) Lean Story… AbridgedLean: From Theory to Practice — One City’s (and Library’s) Lean Story… Abridged
Lean: From Theory to Practice — One City’s (and Library’s) Lean Story… AbridgedKaiNexus
 
BEST Call Girls In Old Faridabad ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
BEST Call Girls In Old Faridabad ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,BEST Call Girls In Old Faridabad ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
BEST Call Girls In Old Faridabad ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,noida100girls
 
Call Girls In Connaught Place Delhi ❤️88604**77959_Russian 100% Genuine Escor...
Call Girls In Connaught Place Delhi ❤️88604**77959_Russian 100% Genuine Escor...Call Girls In Connaught Place Delhi ❤️88604**77959_Russian 100% Genuine Escor...
Call Girls In Connaught Place Delhi ❤️88604**77959_Russian 100% Genuine Escor...lizamodels9
 

Recently uploaded (20)

GD Birla and his contribution in management
GD Birla and his contribution in managementGD Birla and his contribution in management
GD Birla and his contribution in management
 
Lowrate Call Girls In Sector 18 Noida ❤️8860477959 Escorts 100% Genuine Servi...
Lowrate Call Girls In Sector 18 Noida ❤️8860477959 Escorts 100% Genuine Servi...Lowrate Call Girls In Sector 18 Noida ❤️8860477959 Escorts 100% Genuine Servi...
Lowrate Call Girls In Sector 18 Noida ❤️8860477959 Escorts 100% Genuine Servi...
 
Keppel Ltd. 1Q 2024 Business Update Presentation Slides
Keppel Ltd. 1Q 2024 Business Update  Presentation SlidesKeppel Ltd. 1Q 2024 Business Update  Presentation Slides
Keppel Ltd. 1Q 2024 Business Update Presentation Slides
 
FULL ENJOY - 9953040155 Call Girls in Chhatarpur | Delhi
FULL ENJOY - 9953040155 Call Girls in Chhatarpur | DelhiFULL ENJOY - 9953040155 Call Girls in Chhatarpur | Delhi
FULL ENJOY - 9953040155 Call Girls in Chhatarpur | Delhi
 
Pitch Deck Teardown: NOQX's $200k Pre-seed deck
Pitch Deck Teardown: NOQX's $200k Pre-seed deckPitch Deck Teardown: NOQX's $200k Pre-seed deck
Pitch Deck Teardown: NOQX's $200k Pre-seed deck
 
Cash Payment 9602870969 Escort Service in Udaipur Call Girls
Cash Payment 9602870969 Escort Service in Udaipur Call GirlsCash Payment 9602870969 Escort Service in Udaipur Call Girls
Cash Payment 9602870969 Escort Service in Udaipur Call Girls
 
/:Call Girls In Indirapuram Ghaziabad ➥9990211544 Independent Best Escorts In...
/:Call Girls In Indirapuram Ghaziabad ➥9990211544 Independent Best Escorts In.../:Call Girls In Indirapuram Ghaziabad ➥9990211544 Independent Best Escorts In...
/:Call Girls In Indirapuram Ghaziabad ➥9990211544 Independent Best Escorts In...
 
Regression analysis: Simple Linear Regression Multiple Linear Regression
Regression analysis:  Simple Linear Regression Multiple Linear RegressionRegression analysis:  Simple Linear Regression Multiple Linear Regression
Regression analysis: Simple Linear Regression Multiple Linear Regression
 
7.pdf This presentation captures many uses and the significance of the number...
7.pdf This presentation captures many uses and the significance of the number...7.pdf This presentation captures many uses and the significance of the number...
7.pdf This presentation captures many uses and the significance of the number...
 
M.C Lodges -- Guest House in Jhang.
M.C Lodges --  Guest House in Jhang.M.C Lodges --  Guest House in Jhang.
M.C Lodges -- Guest House in Jhang.
 
VIP Call Girl Jamshedpur Aashi 8250192130 Independent Escort Service Jamshedpur
VIP Call Girl Jamshedpur Aashi 8250192130 Independent Escort Service JamshedpurVIP Call Girl Jamshedpur Aashi 8250192130 Independent Escort Service Jamshedpur
VIP Call Girl Jamshedpur Aashi 8250192130 Independent Escort Service Jamshedpur
 
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...
 
Lowrate Call Girls In Laxmi Nagar Delhi ❤️8860477959 Escorts 100% Genuine Ser...
Lowrate Call Girls In Laxmi Nagar Delhi ❤️8860477959 Escorts 100% Genuine Ser...Lowrate Call Girls In Laxmi Nagar Delhi ❤️8860477959 Escorts 100% Genuine Ser...
Lowrate Call Girls In Laxmi Nagar Delhi ❤️8860477959 Escorts 100% Genuine Ser...
 
BEST Call Girls In Greater Noida ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
BEST Call Girls In Greater Noida ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,BEST Call Girls In Greater Noida ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
BEST Call Girls In Greater Noida ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
 
Tech Startup Growth Hacking 101 - Basics on Growth Marketing
Tech Startup Growth Hacking 101  - Basics on Growth MarketingTech Startup Growth Hacking 101  - Basics on Growth Marketing
Tech Startup Growth Hacking 101 - Basics on Growth Marketing
 
Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...
Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...
Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...
 
(8264348440) 🔝 Call Girls In Mahipalpur 🔝 Delhi NCR
(8264348440) 🔝 Call Girls In Mahipalpur 🔝 Delhi NCR(8264348440) 🔝 Call Girls In Mahipalpur 🔝 Delhi NCR
(8264348440) 🔝 Call Girls In Mahipalpur 🔝 Delhi NCR
 
Lean: From Theory to Practice — One City’s (and Library’s) Lean Story… Abridged
Lean: From Theory to Practice — One City’s (and Library’s) Lean Story… AbridgedLean: From Theory to Practice — One City’s (and Library’s) Lean Story… Abridged
Lean: From Theory to Practice — One City’s (and Library’s) Lean Story… Abridged
 
BEST Call Girls In Old Faridabad ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
BEST Call Girls In Old Faridabad ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,BEST Call Girls In Old Faridabad ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
BEST Call Girls In Old Faridabad ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
 
Call Girls In Connaught Place Delhi ❤️88604**77959_Russian 100% Genuine Escor...
Call Girls In Connaught Place Delhi ❤️88604**77959_Russian 100% Genuine Escor...Call Girls In Connaught Place Delhi ❤️88604**77959_Russian 100% Genuine Escor...
Call Girls In Connaught Place Delhi ❤️88604**77959_Russian 100% Genuine Escor...
 

001 le guide pour importer exporter biz guide

  • 1. Ten-Week Import/Export Business Blueprint Prepared by the staff of International Living www.InternationalLiving.com
  • 2. Copyright © 2006, Agora Ireland Publishing & Services, Ltd., No. 5 Catherine Street, Waterford, Ireland. All rights reserved. No part of this report may be reproduced by any means without the express written consent of the publisher. The information contained herein is obtained from sources believed to be reliable, but its accuracy cannot be guaranteed.
  • 3. FROM THE PUBLISHER Dear Import/Export Entrepreneur, When we put together International Living’s Complete Guide To Import/Export, we knew it was important to include absolutely everything you needed to get up and running. But once it was done, we thought you might also appreciate having a way to keep track of everything in a logical and orderly— and timely—fashion. So we created the Ten-Week Import/Export Business Blueprint as a companion for your Guide. Follow this 10-week outline, and your business dreams will become your new reality in just 10 weeks. Once you have your business set up, and have performed the groundwork it takes to get started, you will be amazed at how your life will change. The freedom you’ll enjoy will be far greater than anything you’ve experienced working for someone else. What has struck me about the people I know who run their own import/export business is how seamlessly they conduct their business transactions. They have it organized into a science—which enables them to take full advantage of its main benefits: the freedom, the fun, and the profits. We wanted you to have a very clear path staked out that you could easily follow. This way you can feel confident that you are doing everything you should be doing—and are still enjoying the fun aspects of doing your business. I wish you the fastest and biggest-possible success in your new endeavor. Sincerely, Kathleen Peddicord Publisher, International Living
  • 4. Ten-Week Import/Export Business Blueprint Week #1: Getting Started............................................................................................1 Week #2: First Steps To Organizing Your Business ....................................................4 Week #3: Do You Want To Import Or Export, Or Both? ............................................5 Week #4: Choosing Your Products ............................................................................7 Week #5: Finding Your Products................................................................................9 Week #6: Setting Up Shop: Office And Distribution Decisions ................................10 Week #7: Learn Everything You Need To Know About Importing Products Into The U.S. ............................................................................12 Week #8: Marketing And Selling Your Products ........................................................14 Week #9: Financing And Final Decisions ..................................................................17 Week #10: Once The Nitty Gritty Details Are Done... It’s Time To Have Fun ................................................................................18 APPENDICES: Contact Sheet................................................................................................................19 Manufacturer Information Sheet ..................................................................................21 Product Information Sheet............................................................................................23 Reasonable Care Checklist ............................................................................................25
  • 5. WEEK #1: GETTING STARTED Tasks K Start dreaming: Where do you most want to go? What do you think you might like to sell? Brainstorm these two lists and record them here… K Eleven keys to success: Which ones do you naturally have, and which ones will need a little boost? (Score yourself below and record your answers) Eleven keys to success Open to page 17 of your Complete Guide and review each of the 11 keys. Score yourself on each one from 1 to 10 (10 being the highest score) in each of the following areas: 1. Schmoozability ___ 2. Ability to “close the deal!”___ 3. Disciplined work habits ___ 4. Business know-how ___ 5. Seed capital ___ 6. Ability to work unsupervised ___ 7. Knowledge of world politics, economics, local customs, and language ___ 8. Gritty persistence ___ 1 “The secret to a rich life is to have more beginnings than endings.” - Dave Weinbaum
  • 6. 9. Willingness to change tack when necessary ___ 10. Market awareness ___ 11. Expertise ____ For any areas where your score is under seven, you will want to get people you trust to help you in those areas so you can get up to speed and develop the skills you need to succeed. Take a moment to jot down some notes on ways to boost your lower scores—and celebrate the high ones! K Take the “Acid Test”. The “Acid Test” Answer “yes” or “no” to each of the questions below. • Are you tolerant of people from other backgrounds and cultures? • Are you prepared to “rough it” at times in your travels…to do without paved roads, top class hotels, fancy restaurants, and American-style bathrooms? • Can you face up to minor setbacks without getting angry and frustrated? • Do you have a business background? If not, are you willing to put in the necessary hours and hard work to learn about accounting and other business principles? • Are you a stickler for detail, in the habit of checking every household bill for accuracy? • Do you have a genuine interest in other people’s lives? • Can you work without supervision? • Do you have high energy levels? • Can you “talk the talk,” be persuasive, and sell yourself and your business to others? • Are you knowledgeable or willing to learn about customs and business protocol in the countries you intend to deal with? • Are family members, especially your spouse or partner, as enthusiastic as you are about going into import/export? • Do you have savings or a source of income that can tide you over until you start making a profit? How many “yes” answers do you have? How many “no’s?” The more yes’s you have, the better you will fare in the import/export industry, but many obstacles can be overcome with help from others and with your own determination. Look back over your Special Report 2
  • 7. answers now. See what it would take for you to turn the no’s into yes’s—or at least maybe’s—and make some notes on your thoughts. You’ll come back to these lists as you develop your business plan later on. The best business people don’t throw in the towel on their grand idea when they come across obstacles—they come up with solutions and plans instead, that turn their weaknesses into strengths. K Call a travel agent and get information packets on two or three of the countries you wish to import from or export to. Notes: 3 Ten-Week Import/Export Business Blueprint
  • 8. 4 WEEK #2: FIRST STEPS TO ORGANIZING YOUR BUSINESS Tasks K Begin your general research into the import/export business: K Subscribe to at least two publications that focus on the import/export business. K Locate five people and/or companies involved in import/export in your local area and set up appointments to go see them and their collection of products. K Contact at least two governments or state agencies that promote import or export trade and have them send you information. K Review your options for a business structure. Is there one that seems right to you, or will you need to do more research before you can decide? K If you are ready, get the paperwork at an office supply store or online at www.nolo.com. K If you aren’t ready to make a decision on structure, make notes here of what further information you’ll need before you’re ready to decide. K Look up your local Small Business Association or go to www.sba.gov. Request an information packet that will identify your local area’s requirements for licensing, permits, and taxes as a business. K Look at the section on developing your business plan on page 40. Start a business plan template on your computer using all of the major headings in the guide. K Search online to gather general information and price ranges to travel to one of the countries you are considering for your first buying trip. “You can’t cross the sea merely by standing and staring at the water.” - Rabindranath Tagore
  • 9. 5 WEEK #3: DO YOU WANT TO IMPORT OR EXPORT, OR BOTH? Tasks K Decide if you will focus on importing or exporting—or if your plan will require both. K Which one would you like to try first—exploring foreign countries and bringing home unique objects or sending products to other countries where certain products are in demand? K If you plan to export, answer the following questions: • What local products could I export to other countries? • To which country would I like to export local products? • Is there a market for the products I want to export? K Complete your basic research on four of the countries that top your list. K Find out each country’s “rating.” This rating will tell you the financial stability of the “Man cannot discover new oceans unless he has the courage to lose sight of the shore.” - Andre Gide
  • 10. country and the economic climate there. K Contact the Trade Information Center (TIC), District Export Councils (DECs), The Women in International Trade Initiative, the Rural Export Initiative (REI), and K Get the Country Commercial Guide for the country you most plan to export to (if exporting). K Determine what kind of documentation you will need for your products and the country you plan to export to or import from. K Research tariffs, port handling fees, and taxes through the www.census.gov site. K Research five manufacturers and complete a Manufacturer Information Form for each found at the back of this workbook. Note: This form includes inspection questions that will keep you safe from rogue traders. You will want to make additional copies to use for each manufacturing company you are researching. Notes: Special Report 6
  • 11. 7 WEEK #4: CHOOSING YOUR PRODUCTS Tasks K Identify marketable items made in your country overseas, or not previously sold in the U.S.—or your own home country. Foreign consulates can be an excellent source of this information. K Contact trade associations in other countries to get information about possible import products. K Look for new and innovative items made in other countries by visiting those countries or reading advertisements in their magazines. K Join import/export associations, read their newsletters, and, if possible, attend their meetings. K Identify products that have been successfully imported to other countries but have not been imported to the U.S. K Ask well-traveled friends and family about products they have come across that could be successful in the U.S. market. K Ask potential customers whether they would consider buying the type of goods you wish to import. K Finalize your research and pick five products that you plan to import or export and begin completing your Product Information Sheet in the back of this workbook. 1. 2. 3. 4. 5. “What is a weed? A plant whose virtues have never been discovered.” - Ralph Waldo Emerson
  • 12. Product Answer these questions 1 2 3 4 5 No matter which product you choose, can your product be imported/exported? Have you the necessary cash to buy outright or are you using borrowed money to acquire the inventory? How much will it cost to ship these products? If you add on the costs of shipping and a sizable profit, will they be at a marketable price? Will there be any additional expenses, such as repairs if the goods are not in salable condition/ working order? Does the product work outside its country of origin? If you import an electrical item, it may need a new plug or adapter to run. Other relevant questions could be is it compatible with other U.S. accessories and products? And are the instructions in the right language? Do you have room to store the merchandise while you are waiting for the customers to roll in? K Look over the information you collected this week and plug it into your business plan template where appropriate. K Apply for any permits and other documentation that you’ll need to bring back the products you’ve chosen. Notes: Special Report 8
  • 13. 9 WEEK #5: FINDING YOUR PRODUCTS Tasks K Using the references in the guide—as well as Google or any other search engine—begin looking for suppliers of the products you plan to import or export and determine your game plan for securing the items at a good price. K If necessary (i.e. if you want) start setting up your first buying trip as soon as you’ve determined what products you’d like and where they will come from. K First things first…if you don’t already have a passport…get one. Apply today. K Locate a shipper in the area you wish to ship the goods from. K Obtain any business licenses or permits you need to run your business. K Contact a supplier for each of your five products and schedule a meeting to tour their facility while you’re on your upcoming trip. K Determine if you’ll need an inspection agency or loading supervision agency. K Look over the information you collected this week and plug it into your business plan template where appropriate. “There comes a time in every rightly constructed boy’s life when he has a raging desire to go somewhere and dig for hidden treasure.” - Mark Twain You’re halfway there! Congratulations! By now you have completed reading the entire guide—and are well on your way to having gathered enough information to launch your business. In the second half of this workbook you will take the final steps to secure your products, set up your office, and organize your distribution and warehousing plans as necessary. You will also finalize your business plan, your marketing plan, and your bookkeeping and financial management strategies. Remember, this business offers incredible tax benefits as long as you manage your receipts properly. This is also a great time to get your airline tickets and set up your first buying trip—especially if this is the part of the business that you are most excited about. Remember, as you do the hard work of getting prepared to launch your business, to also do something fun every single day as well. This will help you keep up your enthusiasm—even as you take care of details and focus on complying with rules and regulations. Those are just small stepping stones toward your ultimate goal: freedom and profits. Carry on!
  • 14. 10 WEEK #6: SETTING UP SHOP: OFFICE AND DISTRIBUTION DECISIONS Tasks Office decisions K Decide where you will have your office. K Drive through your local office complexes and shopping centers and discover what office space is available. Call and get rental costs on three or more properties. K Verify zoning requirements for the building or space you intend to use for your business. K Make a list of the equipment you will need such as computer, fax, etc. For any items you need that you don’t already own, go to an office supply store or online catalog and determine the cost of purchasing what you need. Distribution decisions K Research at least two fulfillment houses and find out: K How much space you think you’ll need. Try to estimate your volume of space required for each object and how many pieces you plan to store at a time. K What fulfillment houses are available and will work best for your needs? K How much does the fulfillment house charge for space rental, charge per product line, charge per pallet, etc? K What costs are you responsible for? K Decide what kind of facility you will store your merchandise in. In your home? In a warehouse? In a fulfillment house? Or will you rent space? K If you will handle fulfillment, work through a packing process and determine the best method for picking, pulling, and shipping merchandise. K Order your business cards, including your international exchange. K When planning your trip, schedule a tour of any fulfillment houses, warehouses, or office buildings that you plan to use in the country. “Individuality is freedom lived.” – John Dos Possos
  • 15. 11 K Look over the information you collected this week and plug it into your business plan template where appropriate. Notes: Ten-Week Import/Export Business Blueprint
  • 16. “I determined never to stop until I had come to the end and achieved my purpose.” – David Livingstone 12 WEEK #7: LEARN EVERYTHING YOU NEED TO KNOW ABOUT IMPORTING PRODUCTS INTO THE U.S. Tasks K Go to www.customs.gov and get to know this site and the rules and regulations it details. Bookmark this site and add it to your favorites as you will check for changes and new material regularly as you move ahead with your business. K Complete your Reasonable Care Checklist (see back of workbook) for your first planned expedition. This will help you pinpoint any information that you’re missing and track it down in plenty of time. K Find a good customs broker through your local yellow pages, www.cbp.gov or www.ncbfaa.org. K Determine what type of entry your goods will have. K Determine if your products will be subject to duty by researching it in the Harmonized Tariff Schedule of the U.S. at your local library or buy a copy at http://bookstore.gpo.gov. K Understand the marking and labeling requirements of the U.S. K Begin collecting the paperwork necessary for U.S. Customs. This includes: K Entry Manifest (Customs Form 7533) or, K Application and Special Permit for Immediate Delivery (Customs Form 3461) or, K Other form of merchandise release as required by the port director. K Evidence of a right to make entry. K Commercial invoice or a pro forma invoice when the commercial invoice cannot be produced. K Packing lists, if appropriate. K Other documents necessary to determine merchandise admissibility.
  • 17. K Begin creating and collecting paperwork necessary for your visit to your chosen country. This includes paperwork necessary to get out of the country with your goods and into the U.S. (or, if you are exporting, paperwork to get your goods out of the U.S. and into the country you plan to visit). K Locate three customs agents and find out what services they provide. K Look over the information you collected this week and plug it into your business plan template where appropriate. Notes: 13 Ten-Week Import/Export Business Blueprint
  • 18. 14 WEEK #8: MARKETING AND SELLING YOUR PRODUCTS Tasks K Determine your target audience. K Develop a marketing plan: K Develop a marketing budget K Answer the following questions about your target audience. K Who is your target audience? Describe them in detail—where do they live, what do they buy, what’s the demographic, etc.? Use as much detail as possible. K What customs and languages are common in the countries you wish to travel to? K What venues can you market your materials at—festivals, fairs, conventions, and so forth. List them here: “Vision is not enough, it must be combined with venture.” – Vaclav Havel
  • 19. K What publication does your target audience read? How much do ads in these magazines or newspapers cost? K Can you get enough volume of your products to sell into a large chain of stores or do you want to stick with the smaller store outfits? Or maybe you’ll choose to just do customized orders? Or maybe sell exclusively through the Internet? Take some time to brainstorm all the ways you could sell your products and research which ones would be the best fit. J Determine what advertising methods would be best for your business: • Fairs and festivals • Trade shows • Publications • Radio • Direct mail • Online • Ebay J Contact the top three magazines or newspapers of your target audience and get price quotes on the costs of ads. J Contact two fairs, festivals, or trade shows in your local area and find out the cost of entry and dates. Request to be on their vendors’ mailing list so you will be notified of future shows. J Develop a small space ad for your company, targeting your audience and with a specific publication in mind. J Visit online chat forums and chat with others involved in import/export to gather tips and pose questions to people who already have some experience. (Hint: Chat rooms can be a great source of help and support, but too much time spent on them can be time wasted…beware!) J Write a form letter of inquiry for local merchants asking them of their interest in the products you plan to sell. 15 Ten-Week Import/Export Business Blueprint
  • 20. J Commit 3% to 8% of your budget toward marketing and advertising and mark that number down with all the other financial information you’ve gathered so far. J Consider writing articles for publication about the information you’ve discovered. Even beginners like to learn from other beginners—and sometimes you can obtain free advertising in lieu of payment for your article. J Line up three retailers to audition your five products. Set up “auditions” for each of your five products. J Hire a customs agent. J Look over the information you collected this week and plug it into your business plan template where appropriate. Notes: 16 Special Report
  • 21. 17 WEEK #9: FINANCING AND FINAL DECISIONS Tasks K Finalize any paperwork you require for permits, fees, etc. K Finalize your marketing plan. K Finalize your business plan. K Obtain the seed money for your business using a low-rate credit card, line of credit, personal loan, business bank loan, or investors. K If you’ve booked a buying trip, answer the following: K What fees will you need to pay upfront? You’ll need money to incorporate, pay for legal costs, set up a website, for on-going utilities, replacing inventory, shipping, insurance, custom duties, etc. K Will you need a letter of credit? Or will you need to have cash on hand in the currency of the country you will get the product from? Notes: “Rich the treasure, sweet the pleasure.” – John Dryden
  • 22. 18 “Twenty years from now you will be more disappointed by the things that you didn’t do than by the ones you did do. So throw off the bowlines. Sail away from the safe harbor. Catch the trade winds in your sails. Explore. Dream. Discover.” – Mark Twain WEEK #10: ONCE THE NITTY GRITTY DETAILS ARE DONE…IT’S TIME TO HAVE FUN Tasks K Enter sales in the sales ledger/spreadsheet as soon as you make out the invoice. K Record payments received in the sales ledger/spreadsheet as soon as you receive them. K Record purchases in the purchase ledger/spreadsheet as soon as a bill comes in. Better still, do it when you place an order. K Enter payments made in the purchase ledger/spreadsheet as you write out your checks. K At least every month, reconcile your sales and purchase ledgers. K Chase up all outstanding payments as soon as they become overdue. K Every time you receive a bank statement, reconcile it against your cash book, then your sales and purchase ledgers against your cash book. K Determine your record keeping system. If this requires a computer, software or any training that you don’t have, you will need to acquire these. K How will you accept payments? Will you process payments through your website, at a store, or through another method? Make sure whatever method you choose is acceptable to your customers. K When the time comes…start packing for your first trip. Remember to pack the following: K Your Buyer’s Journal K Sales contracts K Permits K Credit information for payment K Appropriate attire for the country and season K Comfortable shoes K Your sense of adventure!
  • 23. 19
  • 24. 20
  • 25. 21 MANUFACTURER INFORMATION SHEET Name of company: Address: Phone: Verified? K Fax: Verified? K Shipping address: Verified? K What products does this company produce? Product Product number Product description Price (Continued on next page)
  • 26. MANUFACTURER INFORMATION SHEET K Is the company registered with the business registrar in their country? K Have you met the supplier in person? Make a trip to their office or factory to verify their existence and build a relationship. K Has a sample been purchased/auditioned? K Did the sample meet your expectations? K Will the company accept a letter of credit? Unless this is a one-to-one dealing with local people, they should accept this. Be wary if they don’t. K Has a thorough background check been done? This needs to be done before any money exchanges hands—even the initial deposit. Comments on the company: 22
  • 27. 23
  • 28. 24
  • 29. 25 REASONABLE CARE CHECKLIST For use when dealing with U.S. Customs Questions that apply to all transactions J If you are not using the services of an expert/agent (lawyer, customs broker) to help you comply with U.S. Customs’ requirements, do you have access to the Customs Regulations, the Harmonized Tariff Schedule of the U.S., and Customs Bulletin and Decisions? (All three are available from the Superintendent of Documents; tel. (202)512-1800.) J Have you access to the U.S. Customs website at www.customs.gov, or other Customs research services that provide information and guidance on establishing reliable procedures to facilitate compliance with Customs laws and regulations? J Do you have an individual within your organization with the knowledge to check and ensure that your Customs documentation is full, complete, and accurate? If the documents are being prepared by an agent, will you receive copies of the information submitted to Customs? Will the information be reviewed for accuracy, and will Customs be informed of needed corrections as quickly as possible? J Are you using the services of an agent to help you comply with Customs import requirements? If so have you provided that agent with complete and accurate information about the transaction? J Have you found that identical transactions or merchandise are handled differently at different ports or Customs offices? If so, have you brought this to the attention of a Customs official? Questions by topic Merchandise description and tariff classification J Do you know exactly what you ordered, where and how it was made, and what it is made of? J Have you provided a complete, accurate description of your merchandise to Customs in accordance with regulations? J Has Customs been given the correct tariff classification for your merchandise in accordance with regulations? J Have you obtained a ruling from Customs regarding the description of your merchandise and/or its tariff classification? If so, have you notified Customs officials of the ruling and your compliance with it? J If merchandise descriptions or tariff classifications are not immediately available, do you have a reliable procedure for obtaining them and providing them to Customs?
  • 30. Special Report J Have you participated in a Customs pre-classification of your merchandise in order to get it properly described and classified? J Have you checked through the tariff schedules, read Customs informed compliance publications and Customs rulings in order to properly describe and classify your merchandise? J Have you consulted with an expert (lawyer, customs broker) to assist in preparing an accurate description and/or classification of the merchandise? J If you are claiming a conditionally free or special tariff classification for your merchandise (e.g. NAFTA), have you verified that your goods do qualify for that status? Have you got all the necessary documentation to support the claim? If making a NAFTA claim, have you got a NAFTA certificate of origin? J Is your merchandise likely to require laboratory analysis or other specialized procedures to establish proper description and classification? J Do you have reliable procedures in place to maintain and accurately produce required entry documentation and supporting information? Valuation J Have you provided Customs with a proper declared value for your merchandise in accordance with regulations? J Have you obtained a Customs ruling regarding valuation of the merchandise? Can you establish that you followed the ruling reliably? Have you brought those facts to Customs’ attention? J Have you consulted Customs valuation laws and regulations, Customs Valuation Encyclopedia, Customs informed compliance publications, court cases, and any Customs rulings that can help you in valuing merchandise? J If you purchased the merchandise from a “related” seller, have you reported that fact upon entry? Have you assured that the value reported to Customs meets one of the “related party” tests? Note: There are a number of conditions to be met when a transaction is carried out between family members. Customs regulations state: “The transaction value between a related buyer and seller is acceptable for the purposes of this subsection if an examination of the circumstances of the sale of the imported merchandise indicates that the relationship between such buyer and seller did not influence the price actually paid or payable; or if the transaction value of the imported merchandise closely approximates.” J Have you assured that all legally required costs or payments associated with the imported merchandise (assists, commissions, indirect payments or rebates, royalties, etc.) have been reported to Customs? J If you are declaring a value based upon a transaction in which you were/are not the buyer, have you substantiated that the transaction is a bona fide “sale at arm’s length” and that the merchandise was clearly destined to the U.S. at the time of sale? 26
  • 31. J If you are claiming a conditionally free or special tariff classification or provision for your merchandise, have you reported the required value information and obtained the documentation necessary to support the claim? J Have you produced the required entry documentation and supporting information? Country of origin, markings, quotas J In your entry documents, have you reported the correct country of origin? J Have you made sure that the merchandise is marked properly with the correct country of origin, and that any other applicable marking requirements are in order (watches, gold, textile labeling, etc)? J Do you have a Customs ruling regarding the proper marking and country of origin of the merchandise? If so, have you followed the ruling and brought that fact to Customs’ attention? J Have you used the services of a Customs expert to ascertain the correct country of origin/proper marking of your merchandise? J Have you informed your foreign supplier of the requirements for country-of-origin markings prior to importing your merchandise? J If you are claiming that the goods are of U.S. origin, do you have the proof to substantiate your claim? J If importing textiles or apparel, have you ascertained the correct country of origin in accordance with regulations, and assured yourself that no false, fraudulent, or illegal practices were involved? J Do you know what your goods are made of, how they were made, and by who made them? J Have you ensured that the quota category is correct? J Have you checked the most recent report on import quotas, issued by Customs, to see if your merchandise is subject to a quota category with “part” categories? J Do you have correct visas for any goods subject to visa categories? J For textile articles, have you prepared a proper country declaration for each entry, i.e., a single- country declaration (if wholly obtained/produced) or a multi-country declaration (if raw materials from one country were transformed into goods in a second)? J Can you produce all entry documentation and supporting information, including certificates of origin, if Customs requires you to do so? Intellectual property rights J If you are importing goods or packaging, bearing a trademark registered in the U.S., have you established that it is genuine and not restricted from importation under the “gray market” or parallel-import requirements of U.S. law, or that you have permission from the trademark holder to import the merchandise? 27 Ten-Week Import/Export Business Blueprint
  • 32. J If you are importing goods or packaging, that include registered copyrighted material, have you established that this material is authorized and genuine? If you are importing sound recordings of live performances, were the recordings authorized? J Is your merchandise subject to an International Trade Commission or court-ordered exclusion order? J Can you produce the required entry documentation and supporting information? Miscellaneous J Have you made sure that your goods comply with the requirements of other government agencies (FDA, EPA, Department of Agriculture, etc.) and if required, obtained licenses or permits from them? J Is your merchandise subject to a “dumping” or “countervailing-duty investigation” or determination? If so, have you complied with Customs reporting requirements of this fact? J Is any of your merchandise subject to quota/visa requirements? If so, have you provided a correct visa for the goods upon entry? J Have you assured that you have the right to make entry under the Customs regulations? J Have you made sure you are filing the correct type of Customs entry (e.g., TIB, T&E, consumption entry, mail entry)? 28 Special Report