| | |  | New Business | Home » » How to Open & Operate a Finanacially Successful Import Export Business: With Companion CD-ROM | | | | | | | Description: | | The import and export business is not just for goliath corporations. An individual armed with the right information can get in on this enormous industry. It is big business these days - to the tune of an annual $1.2 trillion in goods, according to the U.S. Department of Commerce. In 2007 alone, American companies will export $772 billion in merchandise to more than 150 foreign countries. Billions of dollars in merchandise and goods are being exchanged each day in the global marketplace. These products are bought, sold, represented, and distributed somewhere in the world on a daily basis. While basically any country can offer opportunities for import export trade, Canada, Mexico, Japan, and China have topped the trading chart for the past two decades. In the last few years, countries in the former Soviet Union and South America have become major players. Compared to other businesses, however, import export companies have a very low startup cost. You do not need any special license or degree; what you need to succeed is the expert advice presented in this new, comprehensive manual. This is a business you run from home, and travel is mostly optional. This guide provides readers with an understanding of the basic concepts of international trade and will help you navigate the maze of international trade policies and regulations. This new book is a comprehensive and detailed study of the business side of the import export business. You will learn everything from the initial startup decisions to working with U.S. and foreign companies. If you are investigating opportunities in this type of business, you should begin by reading this book. While providing detailed instruction and examples, the author leads you through every detail that will bring success. You will learn how to draw up a winning business plan (the companion CD-ROM has the actual business plan you can use in Microsoft Word™) and about basic cost control systems, commercial terms, documentation, trade agreements, trade shows, cultural issues, customs and market research, the latest information on government regulations, tax laws, customs requirements, shipping procedures, how to represent U.S.-based companies, copyright and trademark issues, product pricing, distribution systems, custom brokers, international documentation, branding, foreign-trade leads, management, legal concerns, sales and marketing techniques, and pricing formulas. You will learn how to set up computer systems to save time and money, how to meet IRS requirements, how to manage and train employees, how to generate high profile public relations and publicity, and how to implement low cost internal marketing ideas. You will learn how to build your business by using low and no cost ways to satisfy customers, as well as ways to increase sales and have customers refer others to you. Successful import export experts will appreciate this valuable resource and reference it in their daily activities as a source of ready-to-use forms, Web sites, operating and cost cutting ideas, and mathematical formulas that can easily be applied to their operations. The companion CD-ROM contains all the forms found in the book, as well as a sample business plan you can adapt for your own use. | | | Product Details: | | | Author:
| Maritza Manresa | | Paperback:
| 288 pages | | Publisher:
| Atlantic Publishing Group Inc. | | Publication Date:
| March 24, 2010 | | Language:
| English | | ISBN:
| 160138226X | | Product Length:
| 8.9 inches | | Product Width:
| 5.9 inches | | Product Height:
| 0.9 inches | | Product Weight:
| 0.8 pounds | | Package Length:
| 8.9 inches | | Package Width:
| 6.0 inches | | Package Height:
| 0.8 inches | | Package Weight:
| 0.7 pounds | | Average Customer Rating:
|  based on 9 reviews |
| | | | Customer Reviews: | |
Average Customer Review:
 ( 9 customer reviews )
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Most Helpful Customer Reviews
15 of 15 found the following review helpful:
Lots of detailsApr 20, 2010
By S. Foley
If the thought of staring an Import Export business seems intimidating, this book will break the process down in simple steps so that it's not too overwhelming. It's a necessary read for those who are experienced in business, but have little industry-specific expertise or for those who have trade experience, but little business or management knowledge.
It outlines every step to starting an Import Export business rather simply, so that a beginner would know exactly what to expect. Some sections of the book include advice that seems a little obvious, such as the importance of securing Internet access at an office, a list of office supplies or reminding readers to bring a passport while traveling abroad. However, other sections of the book explain complicated subjects such as trade regulations in foreign countries and details about the U.S. Harmonized Tariff Schedule. There are numerous helpful charts, copies of forms and sample budgets. It's also useful that the book includes the Web site addresses to find trade rates, product information, industry social networking sites and new regulations. For its comprehensive list of references alone, it's worth hanging on to even after a business is up and running.
The case studies were probably the most interesting aspect of the book. These short narratives explain one particular aspect of the industry from the perspective of a business owner. It helps add real-world relevance to the nuts-and-bolts details
12 of 13 found the following review helpful:
 It's a small world because of this industry!May 01, 2010
By Zenek
"-Zenek"
As a friend of mine runs a successful import-export business from the USA to the Philippines and back, I was very curious to see what makes this venture tic- This book hits it on the head as it's everything my friend does, and now I'm REALLY considering starting up my own import-export business after reading this book. This sort of business really does make sense- with Europeans wanting cheap blue jeans, Americans wanting unique Japanese goods, and the people of the Philippines needing affordable American necessities, this comprehensive title keeps track of all of the important things that a business owner in this field should know before jumping in. There are TONS of legal hoops to jump through and this book makes it easier while continuing to be an interesting read on its own.
With so many important legal hurdles and financial issues that would arise from this career, this book does a good job of outlining potential problems, helps you lie out plans for your business future, and (perhaps my favorite part, since I am not yet in the business!) gives brilliant success stories of importers and exporters who have found their niche and exploited it to make TONS of money. If you are considering this line of work, or have been impressed like I have with a friend's accomplishments in this field, this book will hold your hand the entire way. Be careful, read the book from end-to-end and do your research and you'll be on your way too!
8 of 8 found the following review helpful:
Is Importing or Exporting for You?Apr 16, 2010
By Perle Champion
"Freelance Words & Art"
With more than 25 years of experience in the business, Maritza Manresa, gives us a practical book on How to Open & Operate a Financially Successful Import Export Business. The book includes a CD ROM, that not only contains every form mentioned in the book, but a pre-written editable Business Plan in MS Word.
Beginning with a brief history of goods-laden camels, wagon trains, and pirates to today's internet driven enterprises, Manresa provides a step by step primer for anyone considering a business in import and/or export. She covers the rules and regulations that cover this international business venture; organizations and agencies that will keep you apprised of changes in law; things to consider in your pricing of goods; and more.
Seasoned entrepreneurs and novices who have never run a business of their own will find the answers to their questions here. If you sit and just read the whole book, it is easy to get overwhelmed, so don't. I suggest that you read with a method, so you can make a few up-front decisions. How deep do you want to go? Pages 36-39 help you determine your role. What is the difference among the designations of Agent, Distributor, or Manufacturer? Which do you want to be? Do you want to Import (Chapter 7) or Export (Chapter 8)? These two chapters will help you identify your niche and find the right products for you. Once you make these decisions, you can go back to the table of contents and cherry pick your reading accordingly.
Manresa is thorough and covers every question you could possibly have about this fascinating and lucrative business of import/export.
8 of 9 found the following review helpful:
Import ExportApr 16, 2010
By Aleksandra Kisilenko
"the rock"
How to Open & Operate a Financially Successful import
Export Business: With Companion CD-ROM
By: Manresa, Maritza
Atlantic Publishing Group, Inc.
Review by: Aleksandra Kisilenko
Import and export is a big business. Many people are involved in it. It is a great business to be part of. How to Open and Operate a Financial Successful Import Export Business: With Companion CD-ROM explains all the basics to starting an import export. If you are interested to make money in those fields, this book is exactly for you.
This book got a five out of five rating for many reasons. First of all the book is well written and well organized. The great thing about it is the easy to understand instructions and examples. The companion CD-ROM contains forms templates, important legal documents related to your business such as articles of incorporation, fictitious name registration, etc.
If you choose this book, you will learn a lot of important things:
How to spend your start-up money wisely
How to determine the type of business you will operate and your role in the international trade industry.
How to present your business and what it is all about from the beginning of your plan.
How to become familiar with the various sources of financing that will provide you with the capital to successfully operate your business.
How to manage that investors do not have to be paid back if your company goes bankrupt.
How to take into consideration the country where the buyer is located when deciding whether to offer open account terms to a new customer.
I recommend this book to anyone who needs guidance on starting Successful Import Export Business.
5 of 5 found the following review helpful:
 BadFeb 17, 2012
By G. Lichti
The book is written for an 8th grade level, at best. No particular detailed information as to the "nuts & bolts" of actually setting up, running or building an import/export business. Instead, page after page devoted to such topics as choosing a business name and the criticality of having a telephone and computer. In other words it is all fluff and no substance to speak of. Hey, one cannot fault the author, I bought it, as did others. The book should more properly be titled, "How To Make Money Writing a Book About Import/Export". Would in no way recommend this book. Anyone with the capacity to actually succeed in import/export, or nearly any other business endeavor for that matter, will find it puerile, shallow and lacking useful specifics.
See all 9 customer reviews on Amazon.com
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