Sage-Tips

How do I start an import export business with Rs 1 00000 Capital?

To start export business, the following steps may be followed:

1. Establishing an Organisation.
2. Opening a Bank Account.
3. Obtaining Permanent Account Number (PAN)
4. Obtaining EXPORTER CODE INDIA.
5. Registration cum membership certificate (RCMC)
6. Selection of product.
7. Selection of Markets.
8. Finding Buyers.

How much does it cost to start Import Export?

These processes of setting up import export business in India involve around than Rs. 65,000 to Rs. 70, 000 as an initial investment.

How do I start my own selling imported business?

Starting an import/export business

1. Get your business basics in order.
2. Pick a product to import or export.
3. Source your suppliers.
4. Price your product.
5. Find your customers.
6. Get the logistics down.

What export business should I start?

So after comprehensive research, I have identified the list of best export businesses in India.

• Vegetable Export:
• Clothing.
• Beauty Products.
• Seafood Export.
• Meat Exports.
• Machinery Export Business.
• Chemical Exports.
• Petroleum Products.

How to start an import and export business in India?

To start import and export business with Rs. 1,00,000 capital, the following steps may be required: 2. Conduct detailed market research and product selection There is a big myth that starting the Import-Export Business in India requires a high amount of capital. This is not true in all cases, can also be started with a minimum or zero investment.

How do I follow-up on my import/export business?

Think of your after-sales follow-up on your import/export business as part of your product or service offering. The first step is to say, wholeheartedly — whether in person, via Skype, by email or telephone — “Thank you for your business!” For more on this, learn how to provide great global customer service.

How to start a networked import and export business?

1 Select Your Business Name and Set up a Website and Blog. Without a website or blog, you can’t have a networked import/export business. Get yourself a 2 Pick a Product to Import or Export. 3 Find the Right Market. 4 Source a Supplier. 5 Price the Product.

Do I need a website or blog to start an import/export business?

Without a website or blog, you can’t have a networked import/export business. Get yourself a platform that allows you to develop a presence online and grow your business beyond your wildest imagination.