In continuation of PART 1, below are other formalities to meet to establish your export import business. Registration with Sales Tax Authorities Exporter need not pay sales tax meant for export while making purchases. For availing the benefit, the firm has to register with sales tax authorities and secure sales tax number. Exporter/purchaser has to… Read More »
There are many formalities and registrations to be made with different authorities before an exporter can start into export business and accept an export order. Selection of Firm Name An entrepreneur can pick any name for the firm he wants to start. It is advisable that the name of the firm indicates that the business… Read More »
International market analysis can be applied to: discover new markets, search products and define public opinions on some strategies. Although diverse, they all follow a fundamental step-by-step method: Define the purpose of the analysis Recognize the efforts needed to accumulate the analysis Know how to perform those operations Distinguish the sources of information required to… Read More »
While most consider English as the most accepted international language of business and society, there’s never been much substance to the fact. Most widely spoken language is based on the population, like Chinese and Hindi. However when one travels abroad neither Chinese nor Hindi come in use. Hence, what is it that one as an… Read More »
A Business Incubation Center offers ‘entrepreneurs in residence’. Meaning Experts or mentors who are still working in their respective business or industry, whose real life experiences and success & failures help start-ups & new entrepreneurs navigate the road to their individual business set up. And then there are Incubators specializing in niche businesses, like exports,… Read More »