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Monday, 3 November 2014

STARTING AN EXPORT BUSINESS

To start an export business, money is not the most important thing.    You need to have the knowledge, the right idea and the market needed.    There is a promise to assist any Nigerian with the right will power.    What you need to succeed is Integrity, honesty, and diligence.    A lot of Nigerians are operating a highly lucrative home based export company and they are making a steady Income of between N50 000 and N500 000 monthly, regulary with no capital investment, no risk at their spare time.    The profit from the first transaction can be ploughed back and an investor will be able to build up his capital base.

You Do not need certification to start:
You 'DO NOT' need to be certified or have a certificate on your wall to succeed in the importing or exporting business.  Anyone can buy a computer program that will print out fancy looking certificates and place your name in the blank space making it appear very official. These "highly expensive feel good" pieces of paper are offered because many people are under the mistaken belief that a certificate on their wall will somehow convey an extra level of confidence or credibility to a potential client.

Granted, some people may feel more confident about themselves by having a certificate on the wall but, quite frankly, it isn't going to mean squat to a company owner or president when (and if) you bring it up to him or her in a conversation.

Collaboration with Nigerians
Anyone into the export business can work with a lot of Nigerians living in the UK to identify the right product in the Nigerian market because they know the market and the terrain and get regular request from such Nigerians from time to time.

Export Mentoring Services
This is the type of services given to Nigerians who no next to nothing about export and don’t have enough money but with small contract, you can then grow big to execute bigger contracts.

Export and Value Chain

Export has a value chain; you need to plan your export, then you need to get a buyer who is called contract source.    The next step is to source for the product followed by the logistics process and documentation, before you eventually ship the products.

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