I am considering going into the import/export business, what are my options?
Import/Export Businesses can be interesting – it depends which end of the industry you intend to enter. You have two options – one is importing or exporting items from other countries and selling them – the other is to be a sales rep for a group of products. Import/Export classes are offered by most state government offices under Economic Development programs. The Small Business Administration also offers classes and a great deal of information. Try www.sba.gov for some information. The women business center site at www.onlinewbc.org may also have information for you. I would recommend finding a class and taking it to learn all the technical issues related to tariffs, taxes, import rules, etc… You may also find a good freight forwarder to help the transition. Sales rep take a commission off what they sell. They call on stores, go to the show mart such as the gift mart in cities such as New York, Atlanta and San Francisco to represent the product and sell it to stores. Most people beg
