International Growth Planning

International growth (or export growth) is one of the most exciting and revenue-generating growth strategies. It requires certain homework to be done. Here are the elements of international growth planning: Read More

Export and Import: Business Platform

ExportNation’s New Business Platform is Evolving.

Export Import Business PlatformExport-and-Import.com is a global social hub for exporters and importers to connect with global markets. You can also promote your website content by connecting with global exporters and importers in a collaborative environment. Building your groups and pages on Export-and-Import.com gives you an opportunity to connect and promote your personal website content. Aimed to connect and help companies worldwide in their efforts to conduct export import business, Export-and-Import.com puts extra efforts to enhance its position as a leading Export and Import global social hub, dedicated to large, small and mid size enterprises finding markets for their products and services over today’s highly competitive global business environment.
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International Business Plan Structure

International Business Plan outlines corporate goals and steps towards foreign markets. It is also called Export Business Plan.

Analytical Phase of International Business Plan
This is a very important stage of the preparatory period for entering an international market. It summarizes all the information collected from foreign market research and risk assessment. Based on obtained information a company checks feasibility of continuing international business planning and makes first go-or-not-to-go decision.

Planning Phase of International Business Plan
This is a final stage when a company puts together its foreign market entry plan and considers all steps that must be taken in order to succeed in international business. The typical content of International Business Plan is:
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Does It Worth Doing International Business On Your Own?

You can always do international business on your own or get help of 3rd party service providers. By doing international business on your own you definitely have more control over the situation and keep all profit. However, is there a point on organizing your own international trade unit if this trade is occasional? But even if it is regular, how do you make sure that in-house processes bring maximum return on investment?

A straight simple way to calculate the return on investment (ROI) in international trade would be to use a formula:

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Multinational and Bilateral Trade Agreements and Their Effects on Your Business

There are only several totally isolated countries which make international trade with them impossible but there are very few of them. Countries negotiated mutually beneficial agreements with each other to simplify trade between nations, eliminate tariff and non-tariff barriers, recognize each other’s standards, etc.

There are 2 types of international trade agreements:

  1. Multilateral (or Regional) Agreements
    They set rules of trade between several countries. Multilateral agreements shape international trade unions, such as WTO, EU, NAFTA, etc. For example, WTO is regulated by General Agreement on Trade and Tariffs. European Union is regulated by several treaties, such as Treaty of Rome, Treaty of Maastricht, etc.
  2. Bilateral Agreements
    They set rules of trade between two countries. For example, there are Canada-Peru, EU-South Africa, US-Australia and other free trade agreements.

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