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In this tutorial, Eric Goldschein from Fundera discusses starting an import/export business, emphasizing its enduring relevance regardless of the global economy. He highlights that this industry encompasses various categories—capital goods, consumer goods, equipment, food, and beverage—worth hundreds of billions of dollars. Trade has been a fundamental aspect of human activity, enabling the movement of products like clothing from China and cars from Germany. If you’ve identified a potentially successful product for a different market, it's time to consider how to import or export it. Goldschein notes multiple avenues for entrepreneurship in this field, including starting an Export Management Company (EMC) that handles goods for a domestic business aiming to enter new markets.
