by Tomas Belcik So how can one get involved in import export business? One: You can start an import export business using your own money Most people think of getting involved buying product overseas with their own money, on their own account. This is the most logical and preferred way for most. Buy a product, pay for it, take title to the goods, import your purchases into the country you want to sell them in, sell them, and do it all over again. Two: Import export agent – putting buyers and sellers together If you are familiar with a particular country, especially if you have been there numerous times and may already know what is manufactured there and where to find suppliers of those products, you can offer your knowledge to others. If for example you have been to Thailand many times, may had lived there before, and know the Thai product, you can approach a retail store buyer in the United States, in the city where you live or elsewhere, and offer to be his buyer, especially if he carries products from Thailand. In this case the US-based retailer may hire you to place an order on a product he sells from Thailand. You will order the product in Thailand, put the shipment together, pay for the product not with your money but with his money, and ship the good to his store in the United States, with his store’s name as the consignee on the shipping documents
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How to Get Started in Import Export Business