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In this tutorial, Eric Goldschein from Fundera discusses starting an import/export business, emphasizing its enduring relevance in the global economy. The import-export market encompasses various categories such as capital goods, consumer products, and food and beverage, representing a multi-billion dollar industry. Trade has been a fundamental practice throughout history, facilitating the exchange of goods like clothing from China and cars from Germany. If you have identified a product with potential in a different market, now is the time to explore its import/export possibilities. Additionally, he mentions the option of establishing an export management company (EMC), which aids domestic businesses in selling goods internationally.
