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Import-Export 101 for Business Professionals
- Definition of importing and exporting
- How to break into import-export business
- Cost and rewards of import-exports
- How to select your product and suppliers
- How to identify your target market and find customers
- Getting the import-export documentation correct
- Understanding INCOTERMS
- Dealing with trade regulations
- How to get paid – the letter of credit
Overview of the webinar
- Risks and Rewards of international trade
- Differences between domestic and international business
- How to find buyers, sellers, suppliers, customers
- How to get paid/ensure delivery
- Impact of trade regulations
- Understand import-export documents
- Be aware of contract and shipping terms
Who should attend?
- Exporters
- Importers
- Logistics and Trade Compliance Professionals
- International Sales Executives
- Customs Brokers
- Freight Forwarders
- International Banking personnel
- Purchasing Executives
- Professors and Students of Global Trade
- Business Professionals with an interest in Importing or Exporting
Why should you attend?
It’s hard to imagine a more exciting time for international trade than the present. The opportunities for exporting and importing are growing at an impressive rate – yet with these possibilities come challenges. Today, the global marketplace provides these opportunities not just for multinational corporations, but also small startup companies. However, importing-exporting can be fraught with complexities and uncertainty. Challenges and risks include how to find products, suppliers and buyers, import-export documentation, trade barriers, currency fluctuations, transport costs, late or damaged shipments and the failure to get paid. This webinar will prepare business professionals for what they can expect in terms of the cost and rewards of importing-exporting.
Faculty - Mr.Douglas Cohen
For more than 20 years, Mr. Douglas Cohen has been at the forefront of international trade and transactions. With senior positions in private practice, the US Department of Commerce, the European Union, American Airlines, and the IATA, he has developed substantial expertise in import-export operations and compliance, international trade, global negotiations, and international contracts and transactions.
At present, he is a Senior Manager, Global Trade, and Contracts, at Worldwide Trade & Legal Consultants, where he provides legal and strategic advice to organizations seeking to enter or expand foreign markets. Mr. Cohen has been asked to teach his expertise at universities and corporate seminars on international business and law in the US, Europe, Asia, and the Middle East.