Trending topics:
17/06/2014
It’s an unfortunate fact that not many Canadian exporters are really good at managing their foreign exchange (FX) risk. This seems surprising, since every exporting company knows that changes in the FX rate of the Canadian dollar can pose risks to its profit margins and cash flow.
30/05/2014
It doesn’t matter how much interest or how many orders your business is getting from buyers abroad if you can’t figure out how to get paid when you go global! Our next #TradeElite Twitter chat will help you navigate all things money. We’ll talk about methods of payment, which method to use and why, and how to implement different types of payment.
20/05/2014
As an exporter, you know that success in foreign markets depends very much on having a healthy supply of working capital. And like most companies doing business internationally, you turn to your bank when you need financing to grow your exports.
02/05/2014
You’ve decided to start selling your product in a market outside your own borders. Maybe it’s an emerging market, or perhaps you’ve gone with a market that’s a bit more established; but either way you’re going to need a system to get your product to market. You’re going to need to develop an international value chain.
22/04/2014
Any good contract protects you and your customer when you do business together. But when you start selling abroad, you have to think about your sales agreements in a different way. In this post, we’ll look at six strategies for writing solid contracts that will help you avoid problems with foreign customers and governments.
02/04/2014
Canadian federal and provincial governments have stepped up to offer funding programs that help Canadian exporters that manufacture goods in Canada and are currently engaged in or planning to export in 2014.
01/04/2014
The basic and most common forms of settlement of international trade transactions are open account (where payment on delivery is the most common), documentary collections,…
28/03/2014
We’ll soon be hosting our third installment of our #TradeElite Twitter chat, getting international business professionals talking about the issues that matter in global trade today. During our last chat, Doug Taylor, CITP, led us in a discussion on how to get more SMEs involved in export.
18/03/2014
International trade is a risk/reward business. There can be greater payment, logistical, regulatory and political risks when dealing with overseas suppliers and customers. Nevertheless, your business will reap rewards if you can develop a competitive global supply chain, penetrate profitable export markets with quality products and services, while successfully managing the increased risks.
18/02/2014
Less than a year ago, an excited Megan Malone was selected to be an EDC-FITT intern. She had just graduated from Algonquin College’s FITT-accredited International…
X
