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In this tutorial, Eric Goldschein from Fundera discusses the potential of starting an import/export business, emphasizing its resilience regardless of global economic fluctuations. The import/export market encompasses various categories, such as capital goods, consumer goods, equipment, and food, generating hundreds of billions of dollars annually. Trade has been a fundamental activity throughout human history, facilitating the exchange of products like clothing from China and olive oil from Spain. If you have identified a product suitable for another market, consider how to capitalize on importing or exporting it. Different business models include starting an export management company (EMC), which helps domestic businesses sell to foreign markets.
