Making the decision to ship your product overseas can greatly expand your business profits. Yet when you decide to start exporting, you assume responsibility for properly preparing your items and handling all the shipping arrangements. Learn about common variables you will need to handle when exporting goods and how a freight forwarder can help.
What to Expect When Starting an Exporting Business
Exporting businesses commonly rely on sales agents and foreign representatives to arrange the purchase and sale of goods. As you prepare for exports, the day when initial orders come in may seem far away. However, you must plan for this stage in advance. Otherwise, you will face hurdles when you need to fulfill orders and find yourself under prepared for the realities of export shipping.
As an exporter, you will need to do everything possible to prepare your items for export and ensure that they arrive intact. Otherwise, your reputation can suffer. New exporters will need to arrange for:
- Packaging - Is the merchandise packed in an efficient, economic manner? Excess packaging adds weight and increases ship cost. At the same time, items must be properly packaged for safety during air, sea, or overland transit.
- Labeling - Are the items labeled clearly and accurately? Inconsistencies in labeling can result in goods being denied entry through customs or items being sent to the wrong place.
- Documentation - Has the correct government paperwork been filled out for all items?
- Insurance - Due to the lengthy time frame and numerous variables involved in exporting, insuring items is recommended. Do you have the right insurance against loss, damage, breakage, delay, and pilferage?
How Freight Forwarders Can Help You Work with an Importing Business
As the variables listed above show, there are many different elements to take into consideration when shipping internationally. For this reason, many exporters work with international freight forwarders. Freight forwarders know the import and export rules for different countries, relevant foreign trade documents, shipping methods, and other necessary information. They can make the process simple, easy, and most importantly ensure everything is done properly. All of this is crucial when you're starting as an exporter and lack the knowledge to make your own arrangements.
It is essential to find a freight forwarders that has experience shipping to the countries you wish to conduct business with. This way, you can focus on what you do best and leave the details of exporting to your forwarder. An international freight forwarder will work out all the logistics involved with shipping your items to the purchaser. They also may be able to obtain cheaper rates to ship your goods while retaining a high level of control over your items while they are in transit.
Freight forwarders can professionally represent your business interests during the export process. If you want to make sure everything runs as it should without delving into the logistics on your own, research international freight forwarders.