iGlobal Business Consulting, LLC

Subtitle

Blog


At iGlobal Business Consulting, LLC in Chandler, Arizona, we want to help you gain more understanding about the various aspects of growing your business. For more information, please feel free to read our blog posts below.

Market Research: The First Step to Exporting

Posted on August 6, 2017, at 4:10 AM

Is exporting your next goal? The first step to sell to another country is to start with a

Market Reseach

We will look for new markets and opportunities, and your message will be spread to the right international audience.

iGlobal Business Consulting, LLC
www.iglobalbc.com
We are experts on USA and Latin America markets

Product Pricing?

Posted on July 20, 2017, at 3:00 AM

Price Your Product Right.

  • Make a list of all costs.
  • Check for the price of similar products on the market.
  • Add to the total cost a realistic profit.

Include:

  • Labor
  • Raw Materials
  • Consumable
  • Manufacturing Supplies
  • Overhead
  • Transport and Logistics
  • Customs, Taxes, and Royalties

Here Is an Example of How to Calculate the Price:

Cost of Materials: $80.00
+ Cost of Labor: $20.00
+ Overhead: $30.00
= Total Cost: $130.00
+ Desired Profit (20% on Sales): $26.00
= Required Sale Price: $156.00
www.iglobalbc.com

How to Export a Product

Posted on July 17, 2017, at 2:00 AM

iGlobal Business Consulting, LLC Presents

How to Export a Product

It’s a long road, but totally worth it.

Pre-Sale Checklist:

  1. Technical File (Product Materials and/or Ingredients)
  2. Barcode
  3. Export Packaging Legal Requirements

Legal and Logistics

Contact an expert on exports, this person will advise on experts and customs requirements, INCOTERMS, logistics as well as the importer’s country rules and regulations.

Tip: Request at least two transportation quotes.

Organize All the Information
Keep track of all the information you are obtaining and make an electronic file of each product.

Keep Your Company’s Website and Social Media Updated
Save yourself time. Hire a Social Media Manager.

Be Familiar With Letters of Credit and Other International Payment Collections
Your financial institution is a good source of information.

Do Your Due Diligence
When a possible buyer contacts you, ask him or her for information to verify the feasibility of the person and business. It is okay to know who you are doing business with.

You Are Not Alone!
All the way from the creation of your idea to the closing of your first deal, trust the experts. We are here to help!

Read Information in Spanish

Do you need a Spanish translation? Proceed to the next page.

view:  full / summary

Market Research the first step to exporting

Posted on August 6, 2017 at 4:10 AM Comments comments (0)

Product Pricing?

Posted on July 20, 2017 at 3:00 AM Comments comments (0)

How to export a product

Posted on July 17, 2017 at 2:00 AM Comments comments (0)


Rss_feed