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In this tutorial, Eric Goldschein from Fundera discusses starting an import/export business, highlighting its enduring viability regardless of the global economy. The import-export market encompasses a wide range of goods, including capital and consumer products, food and beverages, and generates hundreds of billions of dollars. Trade has been foundational for centuries, allowing for the exchange of diverse products worldwide. If you have identified a product with potential in another market, it’s crucial to explore the avenues for importing or exporting it as a business. Goldschein also notes that there are various types of import/export businesses, such as export management companies (EMCs), which facilitate the export of goods for domestic businesses aiming to penetrate foreign markets.
