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15 Tips to Start Successful Export Business
If you're thinking about getting involved in export, a review of the extensive materials in this tutorial will help you obtain a better understanding of how to succeed.
International Trade Contracts
All international transactions are conducted according to the terms and conditions negotiated between you and your buyer. Terms of trade are stipulated in the trade contract and clearly indicate your and the buyer's responsibilities.
International Payments & Export Credit Insurance
You may negotiate excellent international payments terms and perform an outstanding deal, but if you haven't been paid – you've lost. That's why setting up the right terms of trade is a crucial part of your exports.
International Commercial Terms (INCOTERMS)
In this tutorial we explain Incoterms – the essential part of any export-import transaction, and will give you some suggestions and recommendations on how to use these terms, why they are so important, what risks are associated with them and how to minimise these risks.