Five steps to managing your foreign exchange risk

It’s an unfortunate fact that not many Canadian exporters are really good at managing their foreign exchange (FX) risk. This seems surprising, since every exporting company knows that changes in the FX rate of the Canadian dollar can pose risks to its profit margins and cash flow.


Get paid when you go global! Upcoming #TradeElite chat and networking session

It doesn’t matter how much interest or how many orders your business is getting from buyers abroad if you can’t figure out how to get paid when you go global! Our next #TradeElite Twitter chat will help you navigate all things money. We’ll talk about methods of payment, which method to use and why, and how to implement different types of payment.


Seven ways to get more working capital to grow your exports

As an exporter, you know that success in foreign markets depends very much on having a healthy supply of working capital. And like most companies doing business internationally, you turn to your bank when you need financing to grow your exports.


6 ways to lower risk when selling to foreign customers

Any good contract protects you and your customer when you do business together. But when you start selling abroad, you have to think about your sales agreements in a different way. In this post, we’ll look at six strategies for writing solid contracts that will help you avoid problems with foreign customers and governments.


Don’t let these 5 political risks sink your exports

International trade is a risk/reward business. There can be greater payment, logistical, regulatory and political risks when dealing with overseas suppliers and customers. Nevertheless, your business will reap rewards if you can develop a competitive global supply chain, penetrate profitable export markets with quality products and services, while successfully managing the increased risks.