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Far too many small companies get caught up in the hype and excitement of the potential of international market sales without undertaking the necessary research and planning that will help them be successful.
A wave of anti-EU opinions since the election seems to be threatening to affect the EU’s direction, and some pessimists worry that this could change the outcome of both Canada’s and the USA’s trade agreements with Europe.
Business and social etiquette are important attributes for success in overseas markets. Being aware of the different rules of intercultural etiquette will ensure rewarding personal and business global trade relationships.
Like many before him—and some after as well—Dieter Hollweck learned how to do international trade from the ground up; through the school of hard knocks.
“Learning that way is very expensive, and can sometimes be deadly for your business,” says Dieter, the Forum for International Trade Training’s (FITT) founding father. “But everybody had an international trade horror story back then!”
The Forum for International Trade Training (FITT) worked with Assessment Strategies Inc. (ASI) and nearly 50 Certified International Trade Professionals (CITPs) for more than six months to create…
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.
Human beings are social by nature. This explains the billions of dollars we spend every year on tourism. We travel the world to enjoy new scenery, to meet new people, to try new foods, and for the newness of the experience. When we have goods and services ‘tour’ across international borders, we call it international trade.
It’s that time of the year again! The time when we recognize the talents, accomplishments and experiences of our FITT-trained international business students.
Now a great time to begin putting together your market entry strategy; currently, CARICOM and Canada are negotiating a trade and investment agreement.
You’ve decided to start selling your product in a market outside your own borders. Maybe it’s an emerging market, or perhaps you’ve gone with a market that’s a bit more established; but either way you’re going to need a system to get your product to market. You’re going to need to develop an international value chain.
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