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Looking for another stream of income? There is a business that can be started on a shoestring and if worked correctly, can bring in tons of extra income.
Being an importer/exporter can be started with nothing more than a phone call or email. The right person will have supplier contacts in whatever business they want to import or export.
For instance, a construction contractor knows where to purchase quality woods, concrete and cement, tools and materials, or even good steel-toed work boots. These items are things the contractor has knowledge about and can sell to other companies around the world.
Step One: Find out Who’s Buying and Selling
Finding a supplier is key; find one that can deliver on large orders, does international shipping and is well organized. Then, find someone to sell the products to.
There are websites that cater to international buyers, telling them where to find this or that item. Those websites can be used to garner accounts; send an email or call one of those buyers to see how to help with their needs, and then fill the needs.
Find out about tax amounts and tariffs, shipping methods and costs; get all the information necessary before trying out the first deal. Be well prepared and do online searches for advice sites.
Finally, an import/export consultant isn’t a bad tool to use. They often have their own overseas contacts and the experience to be able to give qualified advice. Check their credentials and make sure they’ve got good testimonials and references.
Start doing it as a side-job and work it into a full time business.
