1. Industry

Financing

One of the most important things to negotiate before closing an import or export transaction is how payment will be made. Understanding methods of payment, terms, conditions, and alternative financing sources is essential for getting paid or taking care of payment on time while minimizing risks.

International Trade Credit Insurance
In this article, I ask David Barrett, sales agent for Euler Hermes North America, a leading provider of trade-related insurance solutions, a range of questions about international trade credit insurance. The first question: What is trade credit insurance?

Factors to Consider When Choosing An Export Payment Method
Factors to consider when choosing an export payment method.

Save Money While Exporting: Tips to Cut Expenses on Export Sales
Ten ways to cut expenses on export sales.

6 Ways to Save Money Importing
How to save money importing.

Factors to Consider When Choosing An Import Payment Method
Factors to consider when choosing an import method.

What Is the Export-Import Bank of the United States?
Find out how the Export-Import Bank of the United States can finance the export of U.S. goods and services.

Incoterms: International Shipping Terms
Here is a look at the most commonly used foreign trade terms provided by the International Chamber of Commerce’s Incoterms rules.

Spot Versus Forward Foreign Exchange
How do you protect your business and your profits? One way is to learn the ins and outs to foreign exchange. In this article, I talk about the difference between a spot versus a forward foreign exchange and how to hedge against currency fluctuations.

PayPal: A Way to Pay or Get Paid Across Borders
This article examines why establishing a PayPal account can be a good thing while working in the import/export industry.

Manage & Grow Your Import and Export Business
After you map out your import and export journey, developing sales and distribution is critical. Here we cover finding customers, locating overseas suppliers, determining routes to importing and exporting, shipping logistics, service and product pricing, financing options, booking an order, documentation, customer service, strategic...

How to Develop and Price a New Product for the Global Marketplace
This article details what it takes to bring a product to market and price it fairly.

What Constitutes a “Made in USA” Product?
In this article, I address a reader’s question: “What percentage of a product has to be manufactured in the United States for it to legally carry the label "Made in USA?”

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