Archive for the ‘Importing & Exporting’ Category

How To Import/Export Cars For Profit

Looking for Capital to Start Your Business?

Are you wondering how to obtain small business financing so that you can turn your dream business into a reality? Would you like to know the best ways to obtain small business loans? Or maybe you want to know more about angel investors or venture capitalists. We highly encourage you to read our review of three solid resources that can help you with your new business financing in our article, Small Business Financing: How to Obtain the Capital You Need to Start Your Business.

Import/Export Cars BusinessBusiness Overview

If you have a love for cars and are passionate about providing great customer service, you may want to look into starting an import/export cars business. The industry has opportunities for businesses of all sizes and has potential for unlimited profit. Relatively little experience is necessary to import and export cars other than general business sense and the ability to research the regulations involved. You don’t need an office to start, just a phone and a computer. There are a number of online information sources that will assist you when you begin looking into how to start an import/export business for cars. As a result of all the readily available information, you don’t need to be an expert in how to export cars to run a successful business. All you need are a few tools to jumpstart this business idea. First, you’ll need to watch the market to determine whether exporting from or importing to your country is more profitable. Next, you’ll use the Internet to promote your business, handle logistics likes converting currency and metrics, and connect to a dynamic network of import/export experts. Lastly, you’ll need to learn the regulations. Government requirements generally revolve around safety and emissions, ownership documentation, and insurance. Ensuring your vehicles measure up to these standards will save you thousands of dollars in conversion repairs. To keep your overhead costs low, you can also operate your business from home and use economical methods like buying from auction or wholesales. Just like that, zero to sixty, you’ll maximize your profits and secure long-term success in the import and export car business.

A Day In The Life Of An Import/Export Car Business Owner:

Owning your own import/export car business will easily conform to your lifestyle because you can operate your business from anywhere, whenever it works for you. On a typical day, you will work with customers to determine their needs and car specifications. Once you have agreement on the vehicle, you can arrange for shipping to the customer. You will also need to spend some time advertising or networking to promote and maintain your business. On some days you may spend a great deal of your time on the phone and emailing documents, and ensuring that you are up-to-date on regulations. You will be interacting with Customs to ensure that you have the proper documentation. You will be researching the retail prices of export cars in their country of origin, looking for auctions and dealers who can provide you with vehicles at low wholesale prices, and locating overseas dealers and individuals who are ready to buy cars you export. Marketing your business will also be important, but word-of-mouth marketing should increase your business considerably.

About Your Customers

Your customers will be individuals or dealers/importers seeking vehicles from countries outside their homeland. Some customers will be new at this process and only need to interact for one vehicle. Others will have experience and partner with you to obtain several vehicles.

What You Need to Start

  • Computer
  • Internet connection
  • Investment money for first car

The Good

  • Return on investment is high.
  • Start-up and overhead costs are low.
  • This business offers very flexible work.
  • There is no formal training required.
  • There is a lot of opportunity to interact with a number of different individuals and agencies, both domestically and abroad.

The Bad

  • Failure to follow regulations can be costly.
  • In this business you must do your homework so that you know what a car is truly worth.

Resources

Start This Business Today:

To start an import/export cars business today, we recommend you purchase A Beginner’s Guide to Importing and Exporting Automobiles. This comprehensive guide offers valuable information such as which countries to work with, which cars will turn the best profit, how to navigate countries’ regulatory rules, how to properly price your automobiles, and much more. For more information or to purchase this HIGHLY RECOMMENDED book, click here.

Technorati Tags: , , ,

What You Should Know Before Starting an Import Export Business

Looking for Capital to Start Your Business?

Are you wondering how to obtain small business financing so that you can turn your dream business into a reality? Would you like to know the best ways to obtain small business loans? Or maybe you want to know more about angel investors or venture capitalists. We highly encourage you to read our review of three solid resources that can help you with your new business financing in our article, Small Business Financing: How to Obtain the Capital You Need to Start Your Business.

Starting an Import Export Business Business Overview:

If you are looking for a great way to capitalize on the booming trade industry, you must consider starting an import export business. The U.S. spends over 2.5 trillion dollars a year on products from overseas. The majority of this trade is controlled by small businesses. As you can see, import export business opportunities are readily available and they are extremely lucrative. You don’t need an office to start an import and export business. You can get this business idea up and running with just a computer and some tips from experts with experience in the trade industry. You don’t even need any experience to get going with an export import business. You may think that only goods can be imported and exported but you can start an import export business for goods and services. There is a huge market in outsourcing services to overseas nations which makes this an excellent online business idea. The sky is the limit when it comes to being a success in the thriving import export business.

A day in the life of an import export business owner:

A typical day for an import export business owner starts with a check of your clients’ inventory. If any products need to be shipped, you must coordinate that with the delivery site. If any products are ready to be shipped to your clients, you must coordinate delivery with them. Monitor any outsourced services that you manage and take a look at your finances to make sure everything is on track. Finally, you will need to work on marketing materials and make some new contacts in order to gain new clients.

The Good:

  • This market is huge.
  • You need no previous import export experience.
  • Most of your clients will be referrals so marketing costs are low.

The Bad:

  • If you don’t find your niche, you could spend too much money on the wrong area of the market.
  • If you are unfamiliar with this industry, it can take some time to get up to speed.

Resources:

Start This Business Today:

To start an import export business today, we recommend you buy Starting an Import Export Business. This comprehensive guide tells you how to make contacts, how to make referrals your main source of new business, how to price your goods and services, how to deal with customs and much more. For more information or to purchase this HIGHLY RECOMMENDED guide, click here.

Technorati Tags: , , , ,

CONSUMER NOTICE: This is an affiliate ad supported website. That means if you buy something from a link, or ad on this website,
or based on our recommendation, either expressed or implied, we may get paid an affiliate commission. That's how we pay the bills.
Affiliate Agreement | Anti-Spam Policy | DMCA Notice | External Links Policy | Earnings Disclaimer | Privacy Policy | Terms and Conditions | Compensation Disclosure | Refund Policy | Video and Audio Terms

Copyright © 2010 - 2012 Business Ideas and Avenue 81, Inc. Contact Information: Avenue 81, Inc., 2885 Sanford Ave SW #13607 Grandville, MI 49418 USA Phone: (888) 329-4905 Email: claycollins@ave81.com