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In this tutorial, Eric Goldschein from Fundera discusses starting an import/export business, which remains lucrative regardless of the global economy. The import-export market encompasses a variety of products, such as capital goods, consumer goods, and food items, and is valued at hundreds of billions of dollars. Trade has been a longstanding practice, allowing access to diverse products from around the world. If you identify a promising product for another market, it’s an opportunity to develop a business. He points out that there are different types of import/export businesses, including Export Management Companies (EMCs), which facilitate exports for domestic businesses targeting foreign markets.
