Such companies perform support services for businesses that are selling goods to foreign markets. They function as the export department for manufacturers that want to sell to other countries without maintaining their own exporting staff. There are good opportunities for success in today's global economy for qualified and well-planned export trading companies. The first step in starting such a company is writing a thorough business plan.
Strategic Analysis with current research! The Import Export Company, Inc. The business will also import in demand products for distribution to wholesalers within the Domestic US market. The Company was founded by John Doe.
With the US dollar at an all time valuation low, export businesses have thrived as overseas suppliers can purchase substantial inventories export management company business plan relatively low prices. As the strength of the dollar improves, Mr. Doe will expand this segment of the business.
The third section of the business plan will further describe the services offered by the Import Export Company. The interest rate and loan agreement are to be further discussed during negotiation.
Through his expertise, he will be able to bring the operations of the business to profitability within its first year of operations.
Doe expects a strong rate of growth at the start of operations. Below are the expected financials over the next three years. Doe intends to aggressively develop a network of wholesalers and major retailers that will purchase inventories of exported and imported goods both domestically and overseas.
The Company is registered as a corporation in the State of New York. Below is a breakdown of how these funds will be used: Doe is not seeking an investment from a third party at this time.
Doe may seek to sell the business to a third party for a significant earnings multiple. Most likely, the Company will hire a qualified business broker to sell the business on behalf of the Import Export Company.
Based on historical numbers, the business could fetch a sales premium of up to 4 times earnings. As the value of the US dollar is now at an all time low, many foreign buyers are seizing opportunities to purchase US goods as the purchasing power parity in relation to their currency is very strong.
Doe intends to travel to Europe and Asia to find what American products are in demand among consumers. As the US dollar strengthens, this segment of the business will increase as the Company will be able to more affordably purchase foreign produced goods for importation and distribution into the Untied States.
Currently, the economic market condition in the United States is in recession. This slowdown in the economy has also greatly impacted real estate sales, which has halted to historical lows. Many economists expect that this recession will continue until mid, at which point the economy will begin a prolonged recovery period.
Inflation is somewhat of a concern for the Company. As the inflation rate decreases, the purchasing power parity of the American dollar decreases in relation to other currencies. This may pose a risk to the Company should rampant inflation, much like the inflation experienced in the late s, occur again.
Currently, with the dollar at an all time low, net exports are beginning to exceed imports as foreign buyers are recognizing tremendous bargains for American goods simply due to the condition of the US Dollar. Based on information from the US Economic Census and the Bureau of Labor Statistics, there are more than 2 million businesses that are actively engaged in the importation or exportation of goods and services.
During the next two years, Management expects that imports will become more in demand as the dollar strengths as a result of natural growth in the US economy and a return to more stable economy.
However, Management has developed a demographic profile for the types of wholesalers and retailers of which Mr. Doe intends to develop strategic partnerships.The key to successful exporting is having a written strategic export plan.
This article provides an introduction and sample export plan outline that can be customized for your own use. Start by viewing My Export Plan, the third of three videos in our Get Ready to Export set. The video highlights the essential elements of a solid exporting business plan: identifying your product or service.
Export management company: read the definition of Export management company and 8,+ other financial and investing terms in the kaja-net.com Financial Glossary. Export management company (EMC): Now that you know what running an import/export business entails, you need to plan, or target, your market, and determine who your potential clients will be.
The purpose of the Export Business Plan is to prepare your business to enter the international marketplace. This worksheet will serve as a step-by-step guide to lead you through the process of exporting your product to an international market.
Visigoth Imports, Inc. import export business plan management summary.
Visigoth Imports, a start-up brokerage, will facilitate Washington State retail shops importing Germanic gift items, and co-op organic farms exporting fruit to Europe.4/5(36). Nov 19, · Export Watch Manufacturer Business Plan (Full Plan Online) The Grutzen Watches sample business plan describes how this manufacturing and distribution company plans to become the number one selling European-made watch in the western United States/5(2).