Anonymous https://excelsior.ph 1m 278
The views of this article are the perspective of the author and may not be reflective of Confessions of the Professions.
Mistakes Made When Importing Or Exporting Business
The import and export industry nowadays has seen a spike in interest and growth following the emergence of more and more entrepreneurs, plus the increasing ease in how suppliers and sellers can contact each other through the communication channels available today.
While this is not a new industry per se — importation and exportation can be dated back as far as the 19th century BCE, the rapid advancements in technology, transportation, communications, and other aspects that make for a successful importation and exportation business has made it so that this industry keeps getting stronger and more flexible with the passing years.
But it is naïve to think that success in this industry is easy to obtain due to the growing proliferation of the players in the industry that you can team up with. Like any other industry out there, you are essentially treading unpredictable waters that can turn on you anytime soon, even if it has been your friend before. This can often be a direct result of your actions — specifically, the mistakes you’ve committed along the way.
While it’s inevitable that you’ll commit some errors during your battle for success, you can also avoid committing some mistakes that have basically become commonplace within the industry players. In doing so, you not only save time and effort by learning from the mistakes of others but can also allocate those precious resources instead into more fruitful matters.
Check out the most common mistakes in importing & exporting business and how you can prevent them with this infographic by Excelsior PH.
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