Sunday, October 14, 2012

import export, how hard is it and can it make lots of money fast?

import export, how hard is it and can it make lots of money fast?
just want to start a business at home to start off, motivated by trip to tokyo, japan. how hard is it to export/import internationally, any thing need such as licenses or any particular laws, etc. any advise + links will be appreciated. thanks
Small Business - 2 Answers
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2 :
There is no licensing required for general type imports. Only if you start importing certain foods and or animals. However importing is not a get rich quick proposition. In order to import for resale, you will need to import in volume. That volume will require anywhere from 6 - 10 weeks to receive your merchandise as it will be coming by Ocean Freight. You will also need a good customs broker in your area that can readily clear your items through customs. Just as important as the customs broker in the US is the Freight forwarder who prepares your shipment and all the associated paper work. You will need to answer many questions first. Who will you buy from? are they trustworthy? What products will you buy? Are they sell-able? Who will you sell to? What about pricing? Storage? Sales distribution in the US. Many steps involved. But it does pay off in the long run.