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Eric Goldschein from Fundera discusses starting an import/export business, emphasizing its viability regardless of global economic conditions. The import/export market spans various categories, including capital goods, consumer goods, equipment, and food and beverages, generating hundreds of billions of dollars. Trade has been a constant throughout history, facilitating access to products from different countries, such as clothing from China, olive oil from Spain, and cars from Germany. If you’ve identified a product with potential in another market, you should explore ways to import or export it as a business opportunity. One option is to establish an export management company (EMC), which manages the export of goods for domestic businesses targeting foreign markets.
