Mistakes To Avoid Making When Preparing Your Shipping Documents For Submission To The Bank
In the course of every international trade export transaction, the exporter prepares a certain number of documents that have been previously agreed to be issued by them to the importer. These documents are usually important for the importer to...Continue reading
Key Export Shipping Documents And The Organisations That Issue Them
Upon shipping commodities from one port to another, certain documents are issued, and depending on what the product and its origin is, the issuing body of the documents will/may vary. If you’re a new or prospective exporter, it’s important...Continue reading
6 International Commodity Testing Labs And Inspection Companies You Can Use To Guarantee The Quality Of Goods Before And During Export
Quality assurance is at the peak of the international trade business because international buyers want to know that the product they’re paying for is exactly or better than what they’re getting. Not worse. Since many international buyers cannot visit...Continue reading
7 Logistic Mistakes To Never Make When Transporting Commodities
The entire process of sourcing and shipping commodities are all important to the success of every commodity trading transaction. From purchasing products at the right price to selling with a profitable margin, many activities happen in-between, but one vital...Continue reading
7 Ways To Ensure You Maximise Your Profits On Every Export Transaction
They say never count your eggs before they hatch, and for good reason. In an industry like the international trade business, profitability could appear to be very high at first glance, then unexpected events, expenses, and even time lost...Continue reading
What To Do If An International Buyer Won’t Pay For The Commodities You Exported To Them
International trade can be highly risky or richly rewarding. And the part of the financial spectrum you fall into depends on how much knowledge you have in the industry, how much experience you’ve garnered, and what type of decisions...Continue reading
What Incoterms Rules Are And How They Can Help Your Import/Export Business Succeed: The Complete Guide
International trade is executed in many forms worldwide. The procedures could be based on CIF, CNF, & FOB terms that have been agreed to between the importer and the exporter. But while these terms are the most popular standards,...Continue reading
5 Risks Of Exporting Manufactured/Processed Goods And How To Avoid Them
Exporting commodities can present various forms of risks and rewards. and while shipping raw commodities comes with its own perks, shipping processed or manufactured goods can either make your company grow faster with its higher profitability potential or cost...Continue reading
How To Set Prices Of Goods For Export Without Making Any Losses
Correctly pricing goods for export can be the difference between profitability/growth and losses/failure. When you price your products right, you take into account almost all the expenses that can be incurred, and in the process, ensure your business is...Continue reading
18 Important Questions To Ask A New Commodity Buyer To Avoiding Wasting Your Time
The international commodity trading business has thousands of players in the industry collectively employing millions of people and executing transactions worth billions of dollars every day. These heavy activities attract both legitimate and fraudulent players and as a result,...Continue reading
9 Important Things To Know Before You Ship Agricultural Products
Shipping commodities from wherever you are to many parts of the world comes with a lot of perks, conditions, and guidelines to always adhere to to ensure you have a smooth operation. Whether you’re exporting solid minerals, agricultural produce,...Continue reading
4 Ways To Quickly Transport Container Cargoes To The Port In Nigeria
Transporting container cargoes to the ports in Nigeria is one of the most tasking challenges faced by exporters. It’s so tough that a lot of containers spend over 4 weeks on the queue just to get into the port,...Continue reading
A Powerful 5-Step System To Getting A Lot Of Inquiries From International Buyers
Getting international buyers for any import/export business can be really tough. No matter how successful an international trade company appears, the road to prosperity was very long, rough, and doubtful, and this is because every single new or early...Continue reading
13 Reasons You’re Not Finding Any International Buyers Nor Making Any Sales
Sales are the lifeblood of every business. Without it, you wouldn’t have cash flow, and without cash flow, you won’t achieve any form of growth or have enough funds to keep your organisation running. While consistently making sales is...Continue reading
8 Crucial Things New Exporters Must Know Before Starting An Export Business
Decades ago, it used to be very difficult to venture into the export business in many countries around the world. So many bureaucracies were involved and if anyone knew you were into international trade, the conclusion would either be...Continue reading