You do not rely on one market !
Doing business internationally and in different markets gives you the ability to switch from one market to the other, from a lower paying market to a higher paying one. As such, if you know which market is performing better, you would sell there and make more profit. Moreover, all markets never go down at the same time so if you have clients in different markets, you are not putting all your apples in the same basket. You will learn about different markets in this training.
People cannot stop consuming !
Even if the markets worldwide are not performing great, there are certain commodities such as agriculture or food commodities that cannot go down in overall volume because people cannot stop eating food. If you are in the right commodities, you would still be doing great! You will learn the best products to start in the training.
Profitable even in the bad markets !
If the market goes down or it goes up, as a trader, you do not suffer losses if you select proper incoterms (international terms of buying and selling) because you do not buy and stock/warehouse the goods, you sell and buy (yes sell first, buy later!) and you do this keeping your margins same. If you are now wondering how would you sell and buy and not buy and sell, see the next point.
You can trade without investing much of your own funds !
Yes, thats right. You can sell first and buy later without investing your own funds if you select proper incoterms and proper products. You do not need a warehouse either because you can ship directly from the seller's warehouse. After you finalize the price and the terms with the seller and the buyer, you send a document called proforma invoice to the buyer and if you are an exporter (in this business, exporters get advance payment, importers mostly do not), you get advance payment stipulated on that proforma invoice and then only you will make the advance payment to the seller. As such, you sell first and then you buy. You will learn this in detail in the training.
Very low overhead expenses !
You do not need a warehouse, you do not need a big office to start, you do not need any equipment etc. The export import business if done properly has the highest income to investment ratio !
Buy and sell anywhere in the world !
With your company registered in just one country, you can do business anywhere in the world, buy any product in any country and sell to any other country without registering businesses in those countries. This gives you the ability to make money on the products that you can sell from other countries too. The world becomes your playground. You will learn this in detail in the training.
The least risk business !
There is no business in the world with zero risk but in this business, you can mitigate the risk if you select proper incoterms and payment terms. Being an exporter, you get advance payment, you do not stock/warehouse the goods and you should never retail like mentioned in earlier points (remember, sell and buy, not buy and sell). By doing these 3 things, you can mitigate the risk to the manufacturer/producer or the importer or retailer. You will learn this in detail in the training.
Export Import is thus the best business to start.
Who Is The Mentor?
1. Founder director of a multinational export import consulting corporation.
2. Appointed chapter chairperson of the International Trade Council in Canada.
3. Business mentor with The Prince's Trust (Now called The King's Trust) Canada.
(founded by HM King Charles III) mentoring ex military/army officers/veterans.
4. Guest speaker in various international events including various TV Programs.
What does the program include?
1) Export, import, shipping, trading and brokering training.
2) Incoterms 2010 & 2020.
3) Formats for all the export, import, shipping, trading, brokering and legal documents.
4) Detailed instructions for setting up your own company in Canada or USA, activating export import account/licenses and tax accounts and getting other licenses or permits.
5) Market analysis, commodities information and marketing.
6) Proper way of working with freight forwarders & customs brokers.
7) Process of finding and selecting genuine buyers and sellers through due diligence (background check).
8) A script to talk to sellers, buyers, freight forwarders, custom brokers and other traders or brokers.
9) The trainee can opt for the "Training Only" plan or the "Training & Consulting" plan.
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