TIPS
ON WHAT YOU NEED TO KNOW BEFORE EMBARKING ON EXPORTATION BUSINESS IN NIGERIA.
There is no gain saying the fact that
Exportation business is really a good business to venture into, But there are
things you need to know before you can go into it. This will help you prepare
well, get ready for the business. If you do not get informed about these
things, you might face some challenges which ordinarily you should have avoided
in the first instant. Some of the TIPS you need to know before you can start exportation business in Nigeria includes;
·
You need to set a goal. This
goal could be, I want to start exporting at least 300kg of Ginger to USA.
·
You need to get some capital to
start exportation business.
·
You need to know the item(s)
you want to export for instances Ginger, Garlic, Cashew Nuts, Palm oil, Food
stuffs, Honey, Textile and Garments etc.
·
You need to know Where to
source for these items.
·
You need to get a buyer in the
country you want to export to or someone who is willing to market your product
in the country you want to export.
·
Deal with an experienced
shipper or export Agent who knows about the items you want to export, to any
country.
·
This Agent must know if these items are allowed into
the country you are exporting to, the quantity in which they are allowed, the
law, rule and regulation guiding exportation of these products to the country.
·
He should also know the form in
which these items have to be exported, whether dry or fresh.
·
Proper packaging and labeling
should also be carried out by the export Agent.
·
Most importantly, you need to
know how much this product is sold in the country you want to export.
·
This is to enable you work out
the profit margin in other to know if you are making profit or not.
·
Finally ensure you communicate
effectively with parties involved (export agent, your buyer).
@bowagateglobal is a freight forwarding Agency, contact us on
+2348147068472 or email info@bowagateglobal.com
for your Air & Sea shipment .
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