You can become successful in an import export business by avoiding the common mistakes that others do.
If done properly import export business is very profitable, and if you ignore even common details, you could lead your business to failure. Following are the common mistakes to avoid in import export business.
How much capital to use and how to use it.
Not considering exchange rates.
Not keeping detailed records of transactions.
Lack in search for new opportunities.
Doing everything yourself.
Not considering other methods of payment.
Protection of goods
Underestimating the product.
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