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Select goods to trade. Start-up Biz Hub recommends trading food to begin with because "there will always be a market for food, so it will be much easier to find companies that sell different kinds of products." Once established in trading food items, you can begin importing and exporting other goods such as clothing, electronics and appliances.Determine licensing requirements. Trade agents do not have to be federally licensed--except for those who import and export the following items: food, livestock, tobacco, alcohol, firearms and copyrighted materials such as CDs or DVDs. Phone the United States Department of Commerce and ask what other import/export goods require federal licensing. In addition, phone your state's commerce department and ask about licensing requirements as well as the county you will operate in to determine if you need a permit to send and receive domestic and foreign goods.
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Price business space. Your small trade business will need space to accommodate shipping and receiving goods to and from overseas. In general, most leased space will be offered as a Triple Net or NNN lease, meaning the monthly lease obligation includes price per square foot and a portion of the property maintenance costs as well as part of the property taxes.
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Locate business space. Choose space that provides adequate storage of goods received through international exports. It also should accommodate an office, complete with Internet connection, phone, fax, copier, and shipping supplies.
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(11-16-2019, 05:06 AM)Blake Wrote: Locate business space. Choose space that provides adequate storage of goods received through international exports. It also should accommodate an office, complete with Internet connection, phone, fax, copier, and shipping supplies.
Secure an import and export license. There is no need for such licenses if you are not importing livestock, alcohol, copyrighted material, food, tobacco, and firearms, according to Informed Trade International. Check with your state agency that governs international trade to inquire if the goods you are importing or exporting are "license-dependent." As an alternative, contact the U.S. Customs and Border Protection Agency or the US Department of Commerce.