Networking is about building contacts that might, now or in the future, help you in your work. Networking has taken a much higher profile in recent years with the advent of the internet and both business and social networking sites such as Linkedin, WeChat and Facebook as well as Twitter.
We are delighted that you have registered with PROFIT. Growing your enterprise through international trade will require determination and hard work but will ultimately be rewarding. We have considerable expertise and experience on which you can draw as you develop your ideas. It might help to ensure that we have a fruitful relationship if we set out our commitment to you and our expectations of you but first we set out some of the benefits that accrue from trading or investing internationally.
This note is intended primarily for businesses that are seeking external finance. A business plan for use internally will tend to be more of a checklist of actions but a plan for a funder needs to explain the business in enough detail to reassure them that they will eventually get back their investment and make a return. A business plan can be prepared for the whole organisation or for a division or even just for a single service.
Many countries use a system of advance customs rulings (ACR), more properly known as advance rulings on classification, origin and valuation. The objective is to provide decisions on product classification, origin and valuation prior to their import or export. This offers traders certainty and predictability and allows them to make informed business decisions.
This note has been prepared to assist you to think about the risks that you might face when engaging in international trade or investment. Whilst some of the risks may apply more broadly, this fact sheet does not attempt to cover all aspects of business risk.
The import and export of goods requires a written contract. The terms of this contract must be clearly understandable by both the exporter and the importer, even if they do not speak the same language, and even if their two countries have different business practices and legal systems.