Video from our FREE Online Business Course
http://www.myownbusiness.org
Session 14 International Trade
Question:
“Are there any particular resources for information on international trade you would recommend to a start-up entrepreneur?”
Ming Friedman
Linen Pro Designs, Inc.
www.linenpro.com
Topics covered in this video:
Small business, international trade, internet resources, import, export
Transcript:
I would like to recommend two. One is the Center for International Trade Development. This is a state funded agency in California. It has 22 offices in California and offers classes on import and export. Their website is www.citd.com. The other one is for export only: the U.S. Department of Commerce. Their export division has a lot of offices in California. It offers classes on export depending on the industry. They also have a list of different trade ociations. Their website is www.commerce.gov
Duration : 0:1:3
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Technorati Tags: advantages, business, cons, corporation, disadvantages, export, hollow, import, international, internet, mistakes, plan, pros, resources, small, Start, starting, trade
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Video from our FREE Online Business Course
http://www.myownbusiness.org
Session 14 International Trade
Question:
“What is the smartest decision you made in starting your linen business?”
Ming Friedman
Linen Pro Designs, Inc.
www.linenpro.com
Topics covered in this video:
International trade, advice, recommendations, import, export
I would say it would be having my own source in China. I went to a Canton fair after my first purchase and realized I could have paid half of what I had paid earlier. Since then I am not only going to the fair but I also go visit the factories. Sometimes the factory will be in the middle of nowhere but they appreciate my visit and know I must be serious about my business. As for the people who don’t speak the language and understand the culture, I suggest starting out by looking for a trading company that you are comfortable working with. Even if you have to pay a small commission it will be worth it because the mistakes you could be making by not having the right help could be just devastating.
Duration : 0:1:11
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Technorati Tags: advantages, advice, business, cons, corporation, disadvantages, export, hollow, import, international, mistakes, plan, pros, recommendations, small, Start, starting, trade