When I started my career in international business, I was working at a startup selling medical equipment to Colombia. And I quickly learned the challenges of international business the hard way. So learn from my mistakes and read the 10 Words I wish I knew before engaging in international trade.
When many small businesses think about growing their market, they often think about heading south to the US as a first step. The close proximity, similar culture and demographic make-up, makes it seem the obvious choice. But if you haven’t exported to another country before, and you’re not familiar with […]
Export Advisors work with you to determine whether exporting is right for your business. One of the first steps of the Export Navigator is an assessment process. Export Advisors carefully assess your current situation – such as products, services, and business model – and your ability to commit to […]
As entrepreneurs start to think about expanding their product acquisition beyond Canada, they often find themselves trying to do it all on their own to save money. But international trade can be complicated. While some goods are easy to import and classify, others may require an advance ruling done […]
“You’re travelling abroad for business. You discuss. You shake hands. Then you return home and get busy. You must follow-up.” Mr. Sukesh Kumar, Partner and National Leader of India Practice in Canada at KPMG LLP International business travel is a great way to investigate new markets and opportunities, but if […]
The decline of the Canadian dollar has been a mixed blessing for the small business community. While those who import goods from the US or have US service providers, the news is not so welcomed. But, the bad conversion rate also means local consumers tend to stay home and purchase locally, finding that their dollar no longer goes as far, over the border. This benefits the tourism industry too, not only with Canadians wanting to vacation in their homeland, but with US customers finally returning to our shores after a long drought because of the bad conversion.
Choose between a focused Import and Export Advisory Service or Guided Business Registration, Name Approval and Import and Export Advisory Service Package to prepare your business for the international market place.
The BC Import/Export Guide introduces you to the information that is available to help you navigate the exciting world of international trade.
E-commerce has broken down barriers and made it easier for consumers to shop around and find the right product, at the right price. More and more, it feels like a store’s actual location means less and less. When you shop online, you can compare prices and shipping rates quickly and […]
On January 1, 2015, the federal government eliminated preferential duty rates on imports from 72 countries. It is a topic that hasn’t been widely discussed beyond the trade community. So, how will it affect your business? Let’s start off by discussing what it is and why these countries have been removed.