The first step to start any business in Nigeria or Africa is to register it legally.
Such companies perform support services for businesses that are selling goods to foreign markets. They function as the export department for manufacturers that want to sell to other countries without maintaining their own exporting staff.
The first step in starting such a company is writing a thorough business plan. If the decision-makers who receive your plan are impressed by the executive summary, they might refer the entire plan to their staffs for critical analysis.
Company Description Include a company description near the beginning, immediately following the executive summary. Give the location of your main office, the operations that are performed there and tell the reader where your international affiliates and representatives are located.
Describe how your company works and what special skills you have that will help clients make sales to international markets. Tell the reader how your existing skill sets and business relationships can facilitate complicated global transactions. If you have staff members who are experts in the technicalities of trade finance and customs brokerage, describe their responsibilities.
Marketing The marketing section of your business plan should show how your company will assist clients in making international sales. Since your business will be arranging sales in foreign markets, show that your organization has a presence in or near those markets.
If you intend to work with the programs of the Export-Import Bank of the United States for the benefit of your clients, give examples of the transactions that your company will manage. The Export-Import Bank is the federal agency that assists in financing the export of U.
Financial The financial section of your business plan should discuss the relationships your business has with international banks that are active in trade finance. The letter of credit, in which a bank undertakes payment for its customer, is a basic document used in trade finance.
Demonstrate in this section how your staff members are competent in the documentary technicalities of international trade finance. Team Prospective clients will be interested in learning about the experience and ability of your team members in various aspects of exporting and international trade finance.
Include overseas representatives and highlight their connections to business sectors that import from U.Founded by Stacey Egide in , Andalou Naturals, a small business-exporter based in Novato, California, relies upon EXIM Bank to sell natural and organic products for .
Chef Vending vending services business plan executive summary. Chef Vending is a start-up vending machine and commercial food and beverage dispensing equipment company. How to Start a Small Business (Free Download) A Step by Step Guide to Starting a Small Business.
This is a practical guide that will walk you step by step through all the essential phases of starting a business. To import any commodity into Kenya, an importer will have to enlist the services of a clearing agent who will process the import documentation through Kenya Customs electronically on the Simba system and clear the goods on your behalf.
Our Import Export Company SWOT Analysis will provide you with the comprehensive documentation that you will need in order to determine the strengths, weaknesses, opportunities, and threats that your business will face as your develop or expand your business operations.
Our product also includes a full business plan specific for an Import Export Company. Overview. This six-course program will provide students with a foundation in supply chain and international trade. Topics in the core courses include customs and border procedures, documentation requirements for import and export transactions, and methods of international trade financing.