Making money in the Importation and Exportation Business

Making money in the Importation and Exportation Business

The importing and exporting business is a kind of international trade and doesn’t the mention of international trade just scream ‘money’ to you? Basically, imports are those goods that have been manufactured from outside of a country and brought in while imports are those that were made outside of a nation but brought in for sale. Now, to ensure the smoothness of bringing in these goods and sending out those that needs to be, the services of an importer and exporter is best employed. Should you then choose to invest in this part of international trade, you would be doing yourself a lot of good and putting yourself in position to make a lot of cool cash from doing your business. What makes importing and exporting business so appealing?

There are a lot of companies at home here who make products that are popular in the home market but lack international exposure. This is so because they do not have a means to send their wares past the shores of the country they manufacture in or their operation costs do not cover providing this kind of service. Likewise, it is no news that Nigerians have a strong affinity for products manufactured abroad and would love to get their hands on it but since they can’t reach those products, resign to their fates. Now, if you were an importer and exporter, you would be able to fill these needs of the manufacturers wanting to gain exposure abroad and the locals who want some international goods while making your money in the process. Sounds good, doesn’t it? There are three basic ways in which an importer/ exporter can work to gain their money. The first, and most common in some quarters, is a kind of relationship where the company enters an agreement with the importer/ exporter to get their goods abroad after which they get paid for their services. In these kinds of agreement, the payment to the importer/ exporter upon successful delivery is always a ten percent fraction of the total goods sent for sale. Imagine how much you would get to pocket if a big company sends shipments worth tens of millions abroad through you. Although that doesn’t happen every day, a ton of the companies that would also use your service........MORE LOADING
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