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import export | How to Start An Import Business

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Published on Aug 19, 2011

http://www.guideverygood.com/import
How to Start An Import Business
Starting an import business is not difficult. The US has specific, but simple and consistent import requirements which make it easy for companies to source products from overseas producers.
The key to starting an import business is to identify quality suppliers, partner with expert freight forwarders, and take ownership of the learning curve.
Instructions
Things You'll Need * Freight forwarder * Customs Broker * Import documents
1. Determine what products you wish to import.
2. Identify suppliers either by attending an industry trade show or by contacting the US Embassy's Commercial Section overseas and requesting.
3. Contact suppliers and request catalogs and pricing.
. Learn as much as you can about your suppliers and their products. If possible, arrange to meet with suppliers.
5. Select a freight forwarder and, with their help, determine what the import requirements are for the products.
6. Prepare a purchase order and send it to suppliers requesting a form Invoice in return.
7. Review the Proforma Invoice, which should state the products ordered, quantity, pricing, incoterms, product harmonization codes, piece count.
8. Decide if you will import goods via air or ocean freight. Air is more expensive and takes one to two weeks for delivery.
By braniac
to learn more about Import Business please visit
http://www.guideverygood.com/import

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