International trade risk management resources & upcoming #TradeElite networking session


Trade Elite Twitter Chat

Trade Elite Twitter Chat

We’re heading into the next installment of our popular #TradeElite chat for international business professionals. I hope you did not miss our previous chat which was very well received by the global trade community on Twitter. Our expert panel from that chat  provided us with some  additional  risk management resources for global trade. You can find these resources below.

In the next #TradeElite chat, an international panel of global trade experts from Uruguay, U.S.A and Canada will get together to discuss ways to get small and medium sized enterprises (SMEs)  involved in exports.  We hope you will join in this virtual networking opportunity and add your own perspectives.

Topic: How to get more SMEs involved in export

Date: March 6th 2014

Time: 2.30 p.m. – 3.30 p.m. EST (you can jump in and out at any time during the chat)

Chief Moderator:

Doug Taylor (CITP). @globethoughts

Doug is a creative, results-driven lateral thinker with a wealth of international business experience. He’s the Managing Director of Pacific Business Intelligence Ltd. (Canada). | Pacific Business Intelligence Ltd.

Supporting Moderators: @FITTNews
Your friendly FITT Twitter sidekicks Daniella and me.

Special Guests:

Ed Marsh. @edbmarsh

Ed has founded and owned international businesses, so he brings an owner’s high-level perspective to his clients’ challenges, rather then a single niche myopia. His practice is built on the belief that business development is a company’s objective—and that great digital marketing compliments targeted global expansion as an incredibly effective business development formula. | ·

Gaby Castro-Fontoura. @uklatinamerica

Gabriela is the Director at international boutique consultancy Sunny Sky Solutions based in Montevideo (Uruguay). Sunny Sky Solutions is all about making it easier to do business with Latin America. From market research to distributor recruitment—and beyond—whatever stage you’re at. | Sunny Sky Solutions

David Mark Noah. @DavidMarkNoah

David is the President of InterMart, Inc., maker of Shipping Solutions export documentation and compliance software and publisher of International Business Training (IBT). | InterMart, Inc.

Becky DeStiger@intlentreprenr

Becky DeStigter is an International Business Consultant focused on helping B2B technology companies to become more globally competitive. She seeks practical solutions for growing companies’ international marketing and operational issues. Becky is based in Denver, USA and works with companies worldwide. | The International Entrepreneur

In the meantime here are some highlights from the #TradeElite chat last month.


Here's some more helpful resources


Protect Against the Risk of Not Getting Paid

Export Development Canada

Want to take on a new customer but worried about the risks? Want to protect your accounts receivable – likely one of your largest assets? Credit insurance is a great way to protect your U.S. and foreign receivables and ensure you get paid. But do the benefits outweigh the costs? Visit our website to find out whether credit insurance is right for you.


Effective use of Letters of Credit in Import/Export

Opus Advisory Services

Understanding Realities, Protecting Your Interests: A Documentary Letter of Credit can be one of the most secure methods of payment and financing in international trade, and while the instrument is proven and effective in many circumstances, it is, in practice, prone to error and potentially risky if poorly structured.

Download the PDF now!


What are INCOTERMS, and why do they matter in the world of global trade?

ICECORP Logistics Group

Language is one of the most important tools of global trade, so small changes in wording or uncertainty can have a major impact on aspects of any business transaction.

Read the info on the Icecorp blog today!


Other resources: Cash Flow Management, Credit Risk

Export Development Canada

Managing Risk and Cash Flow in International Trade: International business opens up a world of opportunities but it can also bring more complex operational risks, greater requirements for capital and a need to manage your cash flow and operating risks more vigilantly.

Read more today!

Dealing with Credit Risk: Dealing with Credit Risk can help Canadian companies understand how they can avoid serious cash flow issues by putting these 5 strong credit management practices into place.

Learn more!

Highlights continued:








We hope you can take advantage of the next #TradeElite chat and virtual networking session.

Look here for details on how to take part and gain visibility for your international business and brand.

About the author

Author: Jacob Varghese

Jacob is the VP of Marketing and Technology at the Forum for International Trade Training. Focused on improving the customer experience. A Content chef; words, images, some code and a healthy serving of web analytics.

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