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Step 1 : Evaluate Your Export Potential You must first analyze your company's possible competitive advantages abroad, and whether or not you have the financial resources to support exporting. |
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Step 2 : Country/Market Research Countries must be evaluated in terms of their receptiveness to trade and investment. |
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Step 3 : Determining Entry Strategy and Pricing ·Identify your price and goals. |
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Step 4 : Plan an Operating Environment: Promotion, advertising, sales and support. |
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Step 5 : Decide on the Appropriate Export Procedure: External or internal procedures. |
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Step 6 : Arranging Financing: Cash, Credit or Open Accounts. |