Successful Exporting Opportunities and Secrets they are hiding from you, check it out -By Nwosu Chidiebele

Starting a successful business is not a walk in the park. It requires careful planning, strategy mapping and having the discipline to keep it going one at a time. Just the same way, exporting business is a stage to stage process and requires attention to every of the process to meet end goals and objectives.

Now, do you know you can start a successful export business with little or no capital in your spare time from home? A good way to start a successful export business and feel good about it. The export business may be your answer. You don’t need previous experience in the field but you must develop a good head for organizing. It not only requires low start-up capital, but it also offers the opportunity of working with clients all over the world. You have a larger market, a bigger industry and you get paid in foreign currencies. All these are made possible due to advances in information and communication technology especially the emergence of the Internet.

The internet has transformed the world into a global village as there is seamless communication between parties involved in export trade. Irrespective of your location, you can have access to worldwide market and buyers of distant countries and both parties communicating at a distance in real-time. With the aid of Information technology, cow horn dealer can enter into a negotiation with a foreign buyer in Turkey and consequently seal a contract from home. From here, an agreement can be reached and a contract signed by both parties with agreed-upon means of payment without both parties seen each other.

It might sound simple but I want to let you know this. Export business requires attention to detail even the minutest of details that concerns the transaction.

If you know marketing, an aura of transparency and diplomacy, then I suggest to you the export business.

As you make progress, many factors become easier. You will need the services of a freight forwarder to handle your shipment. You will also need to build a good relationship with local suppliers of your traded product. Then, after a short time, you will be on your way to earning a sizeable income with a low overhead cost.

You don’t need a lot to start but the basic things as a mobile phone, a bank account, email address, Internet, understanding of the export business process and desire and determination to see it through.

It is a home-based business. Wonderful precedence before going into full-time export. Registered public limited liability company is not mandatory, Nigeria Export Promotion Council registration is not necessary and no mapped out capital. You operate this as a part-time business.

Veteran exporters and prospective exporters are always in need of various agricultural and mineral commodities that can be sourced within the country. Secure these contracts through the internet using the various trade portals and you could start earning commissions which run into millions of naira in a few months. However, your commission will depend on the size of the shipment.

There are opportunities for an export broker. An export broker is a matchmaker. Export brokerage is one of the easiest and most rewarding ways any prospecting exporter can raise money to go full-time export business.

The opportunities are vast. Starting with little or no capital, an export broker could earn finders fee with opportunities for unlimited income. This is one of the businesses that require a negligible start-up cost that can put one in a six income bracket quicker. It can offer one the power, prestige and enormous respect in his community.

One more thing is you learn to find contacts of buyers. You go online to establish contacts of foreign buyers of Nigerian commodities is by going online to connect to buyers. You can sign up for free with trade websites of the countries you want your buyers. You can source for these trade websites using the google search engine. Most of these trade websites offer a chat service where you can have the opportunity to chat directly with buyers of different commodities. Also, you can source foreign buyers from foreign embassies and the chamber of commerce of different countries.

Above all, keep yourself informed. Read everything about the export business, subscribe to trade publications, international newspapers, news magazines and financial reports. If you ever need more help, visit Government agencies such as the Nigeria Export Promotion Council (NEPC) to find help. It promotes export business in Nigeria.

Till you succeed, see you at the top.

Nwosu is a business manager and CEO, Cpraxis Integrated Services.