1. Business knowledge and experience The experience and ability to operate a business effectively.
2. Knowledge of the import process Experience with, or knowledge of the entire import process from finding suppliers to customs entry and clearance.
3. Knowledge of product Thorough knowledge of the products you plan to import, based on experience or knowledge gained from being a broker, designer, manufacturer, retailer, wholesaler, or other international trade professional.
4. Knowledge of costs Knowledge of all costs of obtaining and bringing the product to market.
5. Access to low cost supply Ability to obtain quality products or commodities at the source for the lowest possible price.
6. Relationship with suppliers Ability to establish and maintain a good working relationship with suppliers.
7. Ability to establish a market Ability to find or develop a market for the goods.
8. Knowledge of price structure Knowledge of the pricing structure for the imported goods that enables you to know how much to pay and how much to charge.
9. Knowledge of the market Specialized knowledge of the wholesale, retail, mail order, or other market for the product, based on actual experience or special knowledge.
10. Ability to sell to a specific market efficiently Past experience or special knowledge that enables you to sell your product or commodity for the highest possible price once you have imported it.
11. Working capital An appropriate amount of working capital for the size and type of import operation you envision.
12. Use professionals Your ability to establish and maintain good working relationships with your professional partners:
Customs broker
Freight forwarder
Banker
Attorney
Customs lawyer
Accountant
|
