What challenges should I expect if I start an export & import business?

Import export business looks too easy, but when you get caught up in it, you go crazy because you need a lot of paper work during India.

Let me break this in a number of topics and you will face what kind of problem a new import and export company:

Documentation: The first and most important part for this business is document work! You must register your company at the local level such as Shoppage License; Entity card; Bank account, give you foreign exchange at lower interest rate; a list of tea and CA with your cooperation; IEC code and more! Supplier: The most important part of any export company. Yes, the supplier is not a buyer, if you do not have a suitable supplier, then you will not have a lot of product and price changes to play! So meet more and more people!

Buyer: You have a lot of foreign guys who can buy your stuff, but they won't! This is the biggest one for any new import export business!

Documentation: Yes, if you get the order, now your long running paper work starts with this form and the form, this file and this number to show a customs officer or tea in the case of a small company!

So these points are just a spike in the iceberg! You will face many new challenges, although this is a great business and a growing market, if you don't have any questions waiting for your first order, until a few months, jump in! If you are just a qualified student or a professional who works, then stick to the job!

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