The Global Small Business Blog: Exporting Grows a Business

Monday, September 08, 2008

Exporting Grows a Business

iStock/Thinkstock

It's a fact: Businesses earn more and grow faster by exporting or growing global.

Find out how and why here.

3 comments:

Anonymous said...: The great issue for exporting firms is waiting 30, 60 or even 90 days to get paid for their goods or services. Is there any solution to overcome this problem?; 6:14 AM
Anonymous said...: Yes, call your banker and ask how to have your customer set up an Irrevocable Letter of Credit so that you get terms (60-90 days) and they clear goods at sight provided all terms and conditions are met. It can be done ... certain wording is needed within the L/C ... you end up paying a little more on the fee for the time payment but it's worth it. Good luck.; 11:20 PM
Giridhar (Giri) Nagarajan said...: Hi

Exporting is a good thing as it grow your business. At the same, be cognizant of the export regulations of the country you are exporting from.

I have started writing about how IT applications helps exporters.

Check out my blog at:

tradecomplianceit.blogspot.com

Cheers; 12:11 AM

Subscribe to: Post Comments (Atom)