Simplified Trade Finance
Once you've undertaken the various steps needed to set up an export business, a last order of business will be to ensure you've got all your papers in order. From your bill of lading to your shipping bill, ensuring you have all the correct documentation will help your export business get off the ground much more smoothly. Here's an indication of what you need to know.
Many exporters make the elementary mistake of not getting credit insurance for their exports, which can prove costly if things go awry. But what exactly is export credit insurance, and how can Indian exporters go about procuring it? This blog post takes a closer look.
Determining the correct pricing strategy for your product can be the deciding factor in whether your business makes profits or goes bust. There are several strategies you could adopt when pricing your goods -- here are some of the top ones to consider.
Before you actually seek financing for your export business, it is important to draft estimates of the various assets and liabilities you foresee having. These financial projections will help you make the most of your funds during regular operations, as well as prepare for worst-case scenarios.
Business operations of any kind require capital, and in the export business, especially for small companies, finding financing can be a daunting task. From banks to NBFCs, loans to invoice financing, there are a variety of sources and tools for export financing. Here's what you need to know.