As we mentioned in our previous post, May is World Trade Month. Although not a new resource, A Basic Guide to Exporting, published by the US Department of Commerce, serves as an excellent starting point to help facilitate overseas sales.
The Basic Guide, which was first published in 1936 and is now available it its 11th edition, can be a useful reference to companies of all sizes. However, it is specifically intended for small and medium-sized businesses that are new to exporting and for those already exporting but would like expand customer reach into new markets. The Guide is divided into 19 chapters that cover “virtually every issue a company looking to export might face.” Some of the topics include “Developing an Export Strategy” (Chapter 2), “Preparing your Product for Export” (Chapter 8), and “Financing Export Transactions” (Chapter 15).
May not only indulges us with flowers, warm weather, and plenty of sunshine, it also features as World Trade Month. This week, World Trade Month shares the spotlight with National Small Business Week. As a way to highlight the benefits of international trade, specifically for small and medium-sized enterprises (SMEs), we are pleased to report new exporter services as part of the National Export Initiative from the International Trade Administration (ITA) of the Department of Commerce.
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