Digitization of business is eliminating global trade barriers for SMBs
Barriers of entry to international markets are being lowered through higher visibility and reach provided by the digitization of business on a global scale.
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Barriers of entry to international markets are being lowered through higher visibility and reach provided by the digitization of business on a global scale.
Mongolia is looking to capitalize on its unique culture and attractive scenery in a bid to open the world’s eyes to many of its strengths as a place to visit and do business.
Break down the market characteristics of your target country to identify opportunities: market research is the first step in the internationalization process. Expanding into foreign markets, especially Asia is a complex and resource intensive activity.
My interest in international trade began as early as in elementary school when my imagination was captured by the evolution of Canada as a trading nation.
Since tomorrow is Canada Day, I thought I’d take this opportunity to share with all the non-Canucks a little more information about how to do international trade with Canada and with Canadians.
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.
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.
I graduated from Niagara College’s FITT Accredited Advanced Diploma program in International Business in 2011, having successfully completed business, logistics and commerce-related courses in both theory and application. Through my studies I developed an interest and desire to work in logistics and supply chain management.
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.
When doing business internationally, there are numerous areas for negotiation. What happens if the merchandise is damaged during transportation? What inspections or authorization paperwork is…
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