Have you considered becoming an importer/exporter? We give you 10 good reasons why you should start an import/export business. What is a good way to build up a successful business from nothing and have fun doing it? The import/export business may be your answer. Not only does it require little financial investment to start, but it offers the prestige of working with clients from all over the world.
You don’t need previous experience in the field, but you should have a good head for organizing. Fulfilling a successful import/export business requires constant attention to little details. If you have an ability to sell, and an air of diplomacy, the import/export business might be right for you. All you need is the desire and determination to make it work. As you progress in the business, many factors become obvious and easy to handle. For example, you’ll need to find a person to handle shipments, called a freight forwarder. And you’ll need to create solid contacts and strong relationships with reliable suppliers. But after a short time, you can be well on your way to making a sizeable income – with a very low overhead.
Reason 1. An import/export business allows you to be financially independent. It offers an opportunity to make a lot of money in quick time. It would transform your life entirely and make a successful business person out of you.
Reason 2. You can do this part-time. You don’t have to give up your current job to run an import/export business. You can grow your business at your own pace and once you cross a certain threshold, you can probably take it full-time. There is no reason to give up what you do for a living to start an import/export business as it does not take too much of your time.
Reason 3. You don’t have any great initial start-up costs with this type of business. In fact, it is very easy to get started. You don’t have to rent expensive office space or hire a staff. You can get started in your home itself. All you need to get started is a computer, a copier machine, a printer, a phone and a reliable internet connection.
Reason 4. When it comes to an import/export business, you are your own boss. All the profits generated by the business are yours and yours alone, you don’t have to share them with anyone. No one tells you what to do and you work in your own time and do what you feel to be the right thing to do. You have full freedom to do as you please.
In 2015, faced with complicated international environment and increasing downward pressure on the economy, the Central Party Committee and the State Council have maintained the strategic focus, comprehensively arranged both domestic and international tasks, adhered to the general work guideline of making progress while maintaining stability, actively adapted to and led the new normal, guided new practices with new theories, strived for new development with new strategies, innovated macro-regulation, deepened the structural reform and pushed forward “mass entrepreneurship and innovation”. As a result, the economy has achieved moderate but stable and sound development. According to the preliminary estimation, the gross domestic product (GDP) of China was 67,670.8 billion yuan in 2015, an increase of 6.9 percent at comparable prices. Specifically, the year-on-year growth of the first quarter was 7.0 percent, the second quarter 7.0 percent, the third quarter 6.9 percent, and the fourth quarter 6.8 percent. The value added of the primary industry was 6,086.3 billion yuan, up by 3.9 percent; the secondary industry 27,427.8 billion yuan, up by 6.0 percent; and the tertiary industry 34,156.7 billion yuan, up by 8.3 percent. The gross domestic product of the fourth quarter of 2015 went up by 1.6 percent on a quarter-on-quarter base.
Reason 5. The great thing about an import/export business is that there are no limitations to how far and how fast you can grow with it. Essentially, you start off small, but as you find new contacts, new business partners and find new business partner opportunities, the potential for growth in this business is limitless.
Reason 6. Are you worried about not being a college graduate or not having a degree from a top university? None of that matters – because when you start an import/export business, nobody is bothered about your educational qualifications. All that is expected is for you to be good at what you do.
Reason 7. You are never too old or too young to get started with an import/export business of your own. Many retired men and women take up this business opportunity, so that they can even spend their retirement years productively. All that is required is an ability to find business partners and identify the right business partner opportunities.
Reason 8. If you are a woman or someone from a minority group, you will be pleased to know that in an import/export business, nobody cares about your gender, religion, race or ethnicity. All that the people in this business care about is your ability to meet your contractual obligations and do a good job at it.
Reason 9. You will start earning money as soon as you get started in the import/export business. The cash flow is almost immediate and starts in the first week of the business itself, as soon as your first transaction is completed. You don’t have to wait for your bank account to get filled up.
Reason 10. You will get a huge satisfaction out of the fact that you are your own boss and are performing a valuable duty. As an importer/exporter, you are fulfilling a need and solving a problem by ensuring that the right products get into the hands of people who need them most. If you work hard as an importer/exporter even for a couple of years, your future is pretty much secure.