How to Start an Import-Export Business 1-2-3
How to Start an Import-Export Business
Launching a start-up is challenging, and starting a business in international trade can seem overwhelming,
but it doesn't have to be.
According to TradePort.org, the US federal government does not require a company to have a license or
permit to engage in the import/export business. However, certain products do require special licensing, and you
want to contact your state or local government office about state and local requirements and permits that
apply.
Exporting Business
If you are looking at getting into the export business, the steps you need to take to get started
include:
- Figure out your product's export potential and identifying foreign markets to which you can export
- Look at your options and set up an overseas distribution system
- Learn about export prices, payment terms and methods
- Understand the shipping and documentation procedures that will apply to your business
Importing Business
You can import products to sell yourself or to re-sell to retailers. There are strict laws and regulations
pertaining to importing products and you need to know what these are in order to avoid costly penalty fees.
The CBP (Customs and Border Protection) provides some helpful information on business
requirements. The United States International Trade Commission has a tariff database on its website where it
lists the most current tariffs on specific products. The US Department of Agriculture has an import
checklist in regards to policies and regulations pertaining to food items that are imported.
If you want to start an importing business, you may want to consider hiring a customs broker. A customs
broker prepares the documentation needed to import goods, therefore making the process easier for you.
 Get a look inside the import-export industry with
expert Timothy Smith. He has put together a complete business guide that shows you exactly how to
get started and succeed in the import-export business, using insider tips.
Smith's guide saves you weeks of research. In this one guide, you get answers to important international
trade questions, valuable import-export resource information and solutions to make starting your import-export
business much easier.
 How to Start an Import-Export Business
Import-Export Business Resources
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 More Ways You can Save Time &
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- How to Set Up a Website
These days, having a website is essential for any company, especially if you are conducting business across
borders. Websites can be a low cost and effective way to advertise and provide other services to your
customers. You can even design your company logo online and save money. Import-Export Logos . See also: Accept Credit Cards Payments
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