How a Business Advisor Can Help You Succeed Within the Export Market
As a Pacific based business, entering the export market can bring significant benefits, but also many challenges. Using the services of a business advisor skilled in export and market linkages can help you reduce your financial risk and increase the likelihood of success.
We’ll discuss the benefits of using a local business advisor in helping your business enter and then grow its presence within one or more export markets. Plus, we will assist you in connecting with an advisor who can support you through your exporting journey.
How an Advisor Can Help Your Business Succeed in the Export Market
Exporting your product opens up the number of potential customers your business can target. But to achieve success, you firstly need to look at where your business currently sits in the domestic market. This generally (as some businesses do not sell domestically) requires you to already have business processes for local marketing, distribution and selling in place.
A local Pacific based business advisor can help you identify if you are ready to enter the export market, as well as assist with entering and maintaining your presence within the market. The specific benefits an advisor can offer your business include:
- Ensuring you are aware of any export/import tariffs, standards and certifications that your product and business are required to meet for individual countries
- Connecting you with the appropriate customs or brokers services
- Helping you identify the most cost-effective freight solutions
- Completing overseas market insights to check for viability
- Developing and reviewing your export marketing plan
- Assisting with setting up an overseas branch of your business
- Helping with market linkages to ensure smooth processes between manufacturing, shipping and selling, including linking with overseas distributors and wholesale businesses
- Identifying your legal and tax obligations within your export market and setting up any associated accounts or profiles required
- Connecting you with any specialist outsourced providers
- Completing required documentation for export and import
- Advice on financing for export costs
- Assisting with licensing, royalties and trademarks overseas
At Business Link Pacific, we connect Pacific businesses with local advisors who can help you grow your business. Use our Find an Advisor tool to see the range of local business advisors who can assist you with your export and market linkages requirements. .