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In this tutorial, Eric Goldschein from Fundera discusses starting an import/export business. He highlights the resilience of the import/export market, which encompasses various categories such as capital goods, consumer goods, and food and beverage, making it a multi-billion dollar industry. Trade has existed for centuries, enabling access to global products like clothing from China and cars from Germany. If you have identified a product with potential in another market, you should explore importing or exporting it as a business opportunity. Goldschein also mentions different types of import/export businesses, including Export Management Companies (EMCs), which manage the exportation of goods for domestic businesses targeting foreign markets.
