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In this tutorial, Eric Goldschein from Fundera discusses the potential of starting an import/export business, highlighting its resilience despite global economic fluctuations. The import/export market spans various sectors, including capital goods, consumer products, and food and beverage, amounting to hundreds of billions of dollars. Trading has been a fundamental activity throughout human history, facilitating the exchange of goods like clothing from China and cars from Germany. If you have identified a product suitable for another market, this could be your opportunity to start a business. Goldschein also mentions different types of import/export ventures, such as establishing an export management company (EMC) that helps domestic businesses sell to foreign markets.
