
Export Readiness
Step 1 – Evaluate your export potential: you must first analyze your company’s possible competitive advantage abroad and whether or not your have the financial resources to support exporting.
Step 2 – Country/Market Research: Countries must be evaluated in terms of their receptiveness to trade and investment.
Step 3 – Determining Entry Strategy and Pricing: Identify your price and goals.
Step 4 – Plan an Operating Environment: Promotion, advertising, sales and support.
Step 5 – Decide on the Appropriate Export Procedure: External or internal procedures
Step 6 – Arranging Financing: Cash, Credit or Open Accounts.