International commerce has never been easier! Use the links below to quickly access questions of interest!
	*	How do I get started in exporting to Latin America?
	*	I've heard the first year of exporting is really challenging. Is it really worth my time and investment?
	*	What are freight forwarders and what services do they provide to exporters?
	*	What options do I have in receiving payment for my exports?
	*	Any Other Export Tips?
	*	Are Latin American business holidays different from those in the U.S.?

	Importing and Exporting FAQs

		How do I get started in exporting to Latin America? Networking with other people who are already exporting to Latin America will give you a great start. Attend seminars and join local network affiliations. How-to books such as "Breaking Into The Trade Game: A Small Business Guide" from the U.S. Small Business Administration can also be especially helpful. The guide is available on the SBA's Web site at www.sba.gov/OIT/export/
		I've heard the first year of exporting is really challenging. Is it really worth my time and investment? While the first year of exporting can certainly offer a challenge to any business, it is important to remember that over time, your business may realize tremendous growth as a result of a decision to export to Latin America. There are also many organizations such as the U.S. Export Assistance Council that provide trade assistance and education to U.S. Exporters.
		What are freight forwarders and what services do they provide to exporters? Freight forwarders act as agents for the exporter in moving cargo to overseas destinations. They can assist you with an order from the very beginning by advising you on freight costs, port charges, and the cost for any special documentation that may be needed. In addition, they can recommend how to best pack your product to protect it in transit and can arrange to have the product packed for you. Export freight forwarders are licensed by the International Air Transport Association to handle air freight and the Federal Maritime Commission to handle ocean freight.
		What options do I have in receiving payment for my exports? Letters of credit and cash in advance are two of the most common methods of payment for international transactions. A letter of credit protects both the buyer's and seller's interest. It adds a bank's promise to pay the exporter, provided the exporter complies with all of the terms and conditions set forth in the letter of credit. The letter of credit also contains an expiration date. This means that any discrepancies in the transaction must be resolved prior to the specified expiration date. Cash in advance, on the other hand, means that the exporter is paid in advance for all goods shipped to a foreign buyer. A note of caution: Cash in advance is not as commonly used in other parts of the world as it is in the United States. As a result, importers may not be willing to use this method. To determine which payment method is best for you, consult with your freight forwarder or your bank. Both should be well versed in handling payment issues associated with exporting.
		Any Other Export Tips? It is estimated that as much as 96 percent of the initial communication from Latin American companies seeking goods and services from U.S. suppliers takes place via fax. The following tips will help you handle your Latin American business:
		* Be prepared to use faxes as a primary communications vehicle * Have international 800 numbers for phone and fax, otherwise print your local area code and number to ensure call can connect through. * Review each order carefully to avoid miscommunication. If possible, hire bilingual support.
		Are Latin American business holidays different from those in the U.S.? Yes; therefore, time-sensitive business transactions should be made with consideration to local holidays. For example, many Latin American countries celebrate Labor Day on May 1. For complete listings of holidays by country, check out "Business Holidays Around The World" on the Trade Information Center's Region Pages on the International Trade Administration's Web site at www.ita.doc.gov.
		How to Order Call 1-877-5REAL-YP (877.573.2597).

Copyright 1995-2005   BellSouth Advertising & Publishing Corp.   All Rights Reserved.
Legal Notices and Privacy Statements