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In this tutorial, Eric Goldschein from Fundera discusses starting an import/export business, emphasizing its resilience in any economic climate. The import-export market encompasses a vast range of products such as capital goods, consumer goods, equipment, and food, representing an industry worth hundreds of billions of dollars. Trading has been crucial throughout history, enabling access to global products like clothing from China and olive oil from Spain. If you have identified a product suitable for another market, you can venture into importing or exporting. There are different business models, such as an export management company (EMC), which facilitates the export of goods for domestic businesses targeting new markets.
