The 5 most common mistakes SMEs make in drafting purchase and sales contracts + solutions for SMEs during the COVID-19 crisis

Many SMEs are active in global business and have recently encountered conflicts or will soon experience disputes with their suppliers. Here are 5 common mistakes SMEs make with their supplier contracts and how to solve them during the COVID-19 crisis.

Rahim Mohtaram

Rahim Mohtaram, CITP is supply chain management program coordinator at triOS College. He is a seasoned global business expert with over 15 years of experience in international trade compliance and supply chain. He is passionate about the export and import process, including negotiation, logistics, finance, customs clearance, and Incoterms 2020. Connect with him on LinkedIn: https://www.linkedin.com/in/rahim-mohtaram/

Guide: How COVID-19 delays could affect your supply chain from contracts to insurance and custom clearance

Coronavirus will continue to be a cause for delay and non-delivery of goods and services for at least the next few months. Here are the aspects of your contracts and supply chain processes you should look at to prepare and mitigate risk.

Rahim Mohtaram

Rahim Mohtaram, CITP is supply chain management program coordinator at triOS College. He is a seasoned global business expert with over 15 years of experience in international trade compliance and supply chain. He is passionate about the export and import process, including negotiation, logistics, finance, customs clearance, and Incoterms 2020. Connect with him on LinkedIn: https://www.linkedin.com/in/rahim-mohtaram/

Top 10 most read global business articles of 2019

Here are the top 10 articles that TradeReady readers found most interesting in 2019

FITT Team

The Forum for International Trade Training (FITT) is the standards, certification and training body dedicated to providing international business training, resources and professional certification to individuals and businesses. Created by business for business, FITT’s international business training solutions are the standard of excellence for global trade professionals around the world.

Quick read: The essentials of negotiating an international business contract

Discover the essential elements of a solid international business contract and avoid having to deal with disputes and possible litigation.

FITT Team

The Forum for International Trade Training (FITT) is the standards, certification and training body dedicated to providing international business training, resources and professional certification to individuals and businesses. Created by business for business, FITT’s international business training solutions are the standard of excellence for global trade professionals around the world.

Enrique Sobalvarro, CITP|FIBP – International Trade Entrepreneur and Consultant

For Enrique Sobalvarro, international trade has been a passion for a long time. Even as a child, he remembers being enthralled by the idea of…

Nicole Chevrier

I am a digital media writer and a Content Marketing Specialist with the Forum for International Trade Training (FITT). My background is in digital marketing and communications. Creating content that inspires, informs or delivers on results is my passion.

Lessons learned from Startup Canada’s Canadian Export Challenge – what new exporters need to know

Get a trade finance expert’s viewpoint on what new exporters need to know about international trade to succeed around the world.

Scott C. Ferris, CITP

Scott C. Ferris is a business development professional specializing in international trade and CEO of The Saddle Up Management Co. Scott has more than 25 years experience in export sales planning, domestic and international business development, investment attraction, multi-sector communications, marketing campaign development, negotiations and partnership engagement as well as client engagement and membership development. His domestic and international experience stems from participating on and organizing more than 30 trade missions on four continents.

5 ways to minimize the risks of global sourcing

While global sourcing can save your business money, find out the risks of getting your products from global sources and what to do about them.

FITT Team

The Forum for International Trade Training (FITT) is the standards, certification and training body dedicated to providing international business training, resources and professional certification to individuals and businesses. Created by business for business, FITT’s international business training solutions are the standard of excellence for global trade professionals around the world.

How to price your import or export products and remain profitable

Doing business in international markets is different from handling domestic business transactions on many levels. A company that has decided to export its product or…

FITT Team

The Forum for International Trade Training (FITT) is the standards, certification and training body dedicated to providing international business training, resources and professional certification to individuals and businesses. Created by business for business, FITT’s international business training solutions are the standard of excellence for global trade professionals around the world.

7 strategies for managing the big risks of international distribution

In international trade, it is important to maintain the competitive advantage of sourcing goods globally. Your business needs to get your goods to the right…

FITT Team

The Forum for International Trade Training (FITT) is the standards, certification and training body dedicated to providing international business training, resources and professional certification to individuals and businesses. Created by business for business, FITT’s international business training solutions are the standard of excellence for global trade professionals around the world.

How can you determine the impacts of changing tariffs on your products and services?

Missed the #TradeElite chat? Catch the recap featuring insights into the impacts of new tariffs, sources for staying up to date on the latest developments, and steps to take to ensure your contingency plan can protect your business.

Pamela Hyatt

I am the Content Marketing Specialist for the Forum for International Trade Training (FITT). You can find some of my work on TradeReady.ca. My background is in copywriting, journalism and social media. My passion lies in connecting people to the stories that are most important to them.