General

Home > News > General

How to do foreign trade? How to develop foreign trade business?

2023-03-24

How to do foreign trade? How to develop foreign trade business? To be a qualified foreign trader, one must first master the following knowledge:

1. Learn foreign trade promotion knowledge and master the methods of finding foreign trade customers;

2. Learn foreign trade English, master how to write foreign trade correspondence, how to write foreign trade development letters, and how to communicate with foreigners;

3. Understand the export process of foreign trade, and know how to obtain customs clearance to sell goods abroad;

4. If you are just a soho, then you also need to find products and suppliers suitable for foreign trade.

5. Understand foreign trade receipt and payment knowledge, master how to receive and pay foreign exchange, and how to write off foreign trade settlements.

6. Understanding relevant policies, accounting for costs, profits, and how to quote customers has advantages, such as the national export tax rebate policy, which may lower product prices and make your product quotations more competitive; "Or an FTA certificate of origin inclusive trade agreement that allows customers to pay less import duties, making your offer more advantageous.".

How to do foreign trade? The following are required for conducting foreign trade business:

1. Must have independent customer development capabilities.

2. Self time management skills.

3. Find factories, trading companies, and logistics companies.

4. How to do foreign trade? Adequate financial support. If you want to become a foreign trade SOHO, sufficient funds are the prerequisite for subsequent work, and the preparation of customer development, office supplies, etc., require expenses.

5. How to do foreign trade? Good supplier contacts and management. The number of orders can be divided into peak and off-season seasons, so it is important to maintain a good interest relationship with suppliers. When doing transactions with suppliers, the funds allocated are slowly settled, and a portion of the balance is left in hand, so that the supplier will help you fulfill the task wholeheartedly.

6. How to do foreign trade? "Ordinary accounts in domestic banks cannot be used to collect funds. For foreign trade, it is necessary to have an account with an international bank. It is still important to collect funds for foreign trade, which is certainly the most important point for new foreign trade professionals, such as using international accounts such as CBi Bank.".


DISCLAIMER: All information provided by HMEonline is for reference only. None of these views represents the position of HMEonline, and HMEonline makes no guarantee or commitment to it. If you find any works that infringe your intellectual property rights in the article, please contact us and we will modify or delete them in time.
© 2022 Company, Inc. All rights reserved.
WhatsApp