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In this tutorial, Eric Goldschein from Fundera discusses starting an import/export business, emphasizing the enduring nature of this market irrespective of global economic conditions. The import/export industry encompasses a variety of products including capital goods, consumer goods, and food, valued at hundreds of billions of dollars. He highlights the historical significance of trade and how it facilitates access to global products. If you have identified a promising product for another market, it’s time to consider entering this field. Goldschein also notes the different types of import/export businesses, such as export management companies (EMCs), which handle the export of goods for domestic businesses targeting foreign markets.
