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International Trade Assistance |
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The international marketplace offers a world of opportunities for companies seeking growth. SBDC consultants can help you take the steps to becoming a successful competitor in world markets. If your company is already engaged in international trade, the SBDC can help you evaluate and take advantage of new opportunities.
Why Your Company Should Consider International Business - International trade boosts profits
- Foreign markets represent a major growth area for U.S. companies
- Elimination of trade barriers has made foreign markets more accessible
- Exporting minimizes risk through market diversification
- Diversification abroad may offset loss of sales at home
- Exporting lengthens production schedules for seasonal products
- Long-term business success increasingly depends on participation in the global economy
- Exporting may help to extend product lifecycles
- International trade participation encourages companies to monitor technological developments
- Importing may reduce product costs allowing a company to be more competitive
- Import opportunities may offer your business new market opportunities
How the SBDC Can Help Your Company Expand Global Market Opportunities An international trade specialist will work with you on a confidential, one-on-one basis to help you plan and implement your export strategy. Services include: - Assessing your company's international trade readiness
- Evaluating your products or services for export potential
- Identifying the best foreign market opportunities
- Developing strategic and marketing plans
- Identifying foreign sales agents and distributors
- Planning market entry strategies
- Explaining international trade procedures and regulations
- Providing information on technical standards and export/import documentation
- Determining sources of trade financing and risk management
- Identifying trade mission and trade show opportunities
- Determining import restrictions, duties, and tariffs
The PA SBDC also offers an online tutorial entitled First Steps to Success that will introduce you to the basics of international trade.
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