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Showing posts with the label Trade Finance Advisory

Trade Finance as a Business Development Strategy

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 Business Team Planning Business Development Strategy in Office Without trade finance, there wouldn't be Indian spices, clothes, or jewelry in the United States. Or Apple's iPhones in China, much less any other international product at any respectable distance from its origin. In fact, according to Investopedia , the World Trade Organization (WTO) estimates that international world trade has expanded 80%-90% thanks to trade finance. For this to continue, companies need to include trade finance in their business development strategies. How do you do that? Learn how you can incorporate trade finance into your business development strategy. Incorporate Inland Trade Finance in Market Penetration and Market Development Market penetration and market development are key parts of a business development strategy. Market development involves selling more of your service or product to repeat customers. While market penetration is about expanding your product or ser

Strategic Trade Risk Mitigation Solutions

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  Are you about to enter the domain of international trade and expand base in India? If yes, it is imperative for you to know about the variegated challenges you might have to face. To name a few, politics, law, finance and more, can affect your venture. With tonnes of responsibilities to shoulder, you may find it hard to concentrate on the trade risks and their solutions. In such circumstances, a trade finance company can come to your assistance.    The professionals can not only only tell you about the potential risks, but also advise you in trade risk mitigation planning.   Here Are 4 Mitigation Strategies To Look Into Decide on an Apt Business Partner Your business partner in India is your support in an unknown, foreign territory. Choose a partner, which has professionals, who are familiar with the business practices, culture and regulations in the host country. Remember, a strategic alliance, with the right collaborator can provide you with a sound idea abou