When you want to tap into bigger markets overseas how do you set about identifying what the real opportunities are? One of the most effective ways to reconnoitre a potential export destination is to become a member of a delegation or mission, an organised group travelling to a target country specifically for the purpose of [...]
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The old wisdom of ‘caveat emptor’—let the buyer beware—is giving way to a new adage: ‘caveat venditor’—let the seller beware. WARNING: ‘This Superman costume will not enable you to fly.’ Such a warning does not tell us that children have been jumping off roofs. What it indicates is that if a child put on his [...]
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Looking to crack the UK market? Win a business package from UK Trade & Investment to help you get started, including business class return airfares to London, a free limited company, networking opportunities and facilitated meetings with potential business partners. The British Government’s trade and development arm has designed the UK Market Entry competition to [...]
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Being involved with the export awards emphasises the message of how important it is to have an effective export plan. I accept that some exporters get their first foray into export almost accidentally via the internet or through a local trade show, but I do know that those who put a good plan on paper [...]
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In today’s global economy any business seeking international market opportunities faces challenges. Staying competitive in an international environment means sales revenues must be constantly improved, and the export factor is of crucial importance. But what if a company lacks the expertise and experience to enter new foreign markets, the resources to establish its own export [...]
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Buyer risk is an assessment that allows you to determine if your goods or services are being sold in the right market and if you will be paid for them. It is one of the most significant risks an exporter has to think about when doing business internationally. Fortunately there are a number of mechanisms [...]
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Expatriates in the city of Luanda, Angola, have the dubious honour of having the highest expenses for those living abroad, according to the Mercer Worldwide Cost of Living Survey 2010. In second place is Tokyo, Japan, followed by Ndjamena, Chad. Karachi in Pakistan is the least expensive city for an expat. The rankings took into [...]
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The Federal Government has announced new legislation that will reduce the red-tape burden on businesses and improve Australia’s corporate reporting framework.
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Travel is an essential part of an exporter’s business; here are 10 ways in which your business should manage its travel to achieve time and cost savings. For businesses with a global presence, business travel is essential to growth. Across different parts of the world it facilitates the face-to face interaction needed to pursue new [...]
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The inaugural Australia Arab Business Forum and Expo will be hosted in October 2010 by The Australia Arab Chamber of Commerce and Industry (AACCI).
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