How To Ensure The Quality Of Goods You’re Buying Locally, Exporting, Or Importing Meets International Standards
A lot goes into every international trade transaction; from product sourcing to logistics, payment security, and much more. But while there are attractive profitable opportunities to explore, there are also great risks involved, and one risk that can cost...Continue reading
How Commodity Brokers Can Secure Their Commissions In Any Import/Export Transaction
Commodity trading, or as popularly called, international trade, is a constantly ever-growing industry fueled by the trade of thousands of various types of commodities amongst nations and entrepreneurs located all over the world. But for most entrepreneurs to close...Continue reading
8 Highly Profitable Agricultural Products To Export From Nigeria To International Buyers
Pound for pound, the export business remains one of the most profitable businesses in the world when compared with many other businesses operating in several other industries. Because of its high prospect for growth and profitability, many entrepreneurs generate...Continue reading
How To Make Your First $10,000 (₦3,600,000) Exporting Goods From Nigeria Without Losing Any Money
So the export business is one of the most lucrative businesses to venture into, with the profit margins on some select agricultural products and solid minerals being anywhere from 20% to sometimes over 100%. But figuring out how to...Continue reading
14 Things That Will Cause Any Import/Export Or International Trade Transaction To Fail
So you’ve spent days, weeks, and months trying to secure an international buyer to procure a commodity from you—whether an agricultural product or solid mineral—and because of this, you’re now reminiscing on the amount of money you’re going to...Continue reading
How To Brand Your Export Business To Acceptable International Standards
It’s one thing to find international buyers, and it’s another thing to get them to trust your business at first glance. Getting international prospects to feel comfortable working with your company is extremely important, especially if you’ve never shipped...Continue reading
Understanding Letters Of Credit And How To Ensure You Get Paid: The Complete Guide
Letters of Credit are important financial instruments used in the international trade of commodities between a buyer and a seller in two different countries. It ensures that there is a security of payment and that the seller will not...Continue reading
How To Buy Cheap Commodities From Exporters In Africa: A Guide For Importers
Most international buyers looking to purchase commodities like agricultural products and solid minerals from countries in Africa, like Nigeria, are always looking for extremely cheap deals, whether the exporter makes any profit or not. They go against fair trade...Continue reading
How Exporters Can Secure Payment For Goods Shipped To International Buyers
International trade is one of the most scalable and profitable businesses in the world because commodity trading will forever be carried out between two businesses located in two different countries around the world at a certain price, procedure, quality...Continue reading
How To Source Commodities In Africa: The Complete Guide For Importers & Exporters
Many international buyers want to purchase low-cost commodities from many places around the world, especially African countries like Nigeria, Tanzania, Sierra Leone, Zambia, and several others, but either don’t know how to find local exporters that can deliver or...Continue reading
How To Carry Out A Due Diligence Exercise On A Commodity Trading Business
Due diligence checks or exercises aren’t meant for just banks to carry out. They’re checks that are carried out by organisations and/or individuals on another organisation or individual to not just verify that they’re who they say they are,...Continue reading
How To Secure Commodity Trade Finance For Your Import/Export Business
Raising finance to grow any type of business can be hard, especially if the business is new. With commodity trading it gets even trickier since it’s a high-volume low-margin business. This means that it takes a lot of money...Continue reading
How Commodity Trading Works: The Complete Guide To International Trade
The commodity trading market is a vast industry that has existed throughout history, as nations have always had a constant need to exchange goods and services in order to keep their economies growing. Commodities like oil & gas products,...Continue reading
How To Start A Commodity Brokerage Business From Anywhere Around The World
The global commodity trading business is one of the most lucrative and lasting ventures ever known to mankind. All through history, nations, kingdoms, states, and more have had to trade resources across their borders in exchange for goods and...Continue reading
This Is Currently One Of The Most Profitable Businesses In Nigeria
Knowing what business or not to start up in Nigeria is key to determining how successful your foray into entrepreneurship may be. You’re usually adviced by many to start different types businesses, but while you ask for advice from so...Continue reading