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Step 2: Cover off Financial Issues

Discuss your plans with the international department of your bank to ensure that all the financial aspects are covered and viable.

Prepare a budget and financial forecasts.

Gain an understanding of international trade finance and methods of payment.

Discuss costing-for-export with your accountant and transport/ packaging requirements with a customs broker or freight forwarder.

To read more on Pricing Check lists click here

Next Step: Understand International Trade Terms and Concepts

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