The final article in our 'True Cost of Exporting' series deals with the cost of overseas banking, to help you manage your transactions to minimise those fees and charges and make sure you’re not paying too much on your foreign finance facilities.
Exporting financial software to South Korea is no small feat: particularly if you’re the first company to do it. Find out how Australian company Pure Commerce took on a Korean bank to win their confidence and a healthy contract.
It’s a tried and tested method of getting paid, but what exactly is a letter of credit, and what does it entail for an exporter? Once consdiered too paperwork-heavy, this payment method has seen a revival in this more risk adverse global economy.
The internet literally brings home the idea of a globalised world, but e-businesses cannot afford to be complacent about the global customer when it comes to exporting. Here’s a guide on how to think global, act digital and create an international e-business.
How does your business find working capital? Why is working captial so important for exporters? How can you obtain the money you need to do business? This is a guide to getting working capital to take your exports to the next level.
Setting a foreign exchange rate for the future could make a huge difference to your profitability. Learn how foreign currency can work for you and how you might benefit from securing a forward exchange contract.