The World is Open for Your Business. Let the U.S. Commercial Service connect you to a world of opportunity.

Slides:



Advertisements
Similar presentations
Global Marketing.
Advertisements

Rise of transnational corporations Part III: Reasons for global expansion.
Export & Import Practices
Planning and Preparation for Export
Are You Export Ready? Finding Best Markets & International Partners Brian Miller Senior International Trade Specialist U.S. Commercial Service.
Business in the Global Economy
U.S. Commercial Service Doing International Business: Succeeding in the Global Marketplace.
The World is Open for Your Business. Kern Grant Summit January 30, 2015 Let the U.S. Commercial Service connect you to a world of opportunity.
The World is Open for Your Business. Let the U.S. Commercial Service connect you to a world of opportunity.
The International Trade Administration: Clean Energy Priorities and Programs Mary Saunders Assistant Secretary of Commerce for Manufacturing and Services.
U.S. Commercial Service U.S. Department of Commerce The Basics of Exporting.
1 ENTREPRENEURSHIP, 4/e By Lambing and Kuehl PRENTICE HALL ©2007 by Pearson Education, Inc. Upper Saddle River, NJ Chapter 11: Global Business.
1 Trade Facilitation A narrow sense –A reduction/streamlining of the logistics of moving goods through ports or the documentation requirements at a customs.
International Business Chapter 4. Independent Practice Research the U.S. Customs and Border Protection Department Examine and explain 2 regulations regarding.
The World is Open for Your Business. Let the U.S. Commercial Service connect you to a world of opportunity. Lana Lennberg Senior International Trade Specialist.
ENTREPRENEURSHIP Lecture No: 30 Resource Person: Malik Jawad Saboor Assistant Professor Department of Management Sciences COMSATS Institute of Information.
“Why do business in Panama?” A Survey of Certain Legal Aspects David M. Mizrachi This document is not meant to be relied upon in place of seeking independent.
Geospatial & Engineering Int’l Conference Alexandria, VA September 25, 2014 Who Can Help My Firm Be Successful?  Olga Ford, Commercial Officer, Commercial.
Strategies for Going Global U.S. Export Assistance Centers: Putting the Resources to Work for You Kendra Kuo Office Director U.S. Grand Rapids Export Assistance.
The World is Open for Your Business. Department of Enterprise Services Vendor Education Seminar June 20, 2012.
U.S. Commercial Service Top 11 Factors to Consider When Entering Foreign Markets for “Exports, the New Buzz” May 15, 2008.
The Multinational Corporation and Globalization
U.S. Commercial Service The Security Summit March 9, 2010 Strategies for Selling Internationally Julie M. Osman
Donald van de Werken Director U.S. Department of Commerce International Trade Administration U.S. Commercial Service New Orleans, Louisiana Your Global.
Presentation by Constantine Katsigiannis President HELLENIC-CANADIAN CHAMBER OF COMMERCE.
International Marketing Channels Goal—getting the right product to the right place in the right quantities at the right time and at the right price Forging.
Global Success - Through Your Initiative & Available Resources Should you go global? - Type of Co. / Products / Objectives How will you do it? - Resources.
Copyright © 2008 by West Legal Studies in Business A Division of Thomson Learning Chapter 7 The Legal Environment of International Trade Twomey Jennings.
Copyright © 2014 Pearson Education, Inc. Publishing as Prentice Hall
Advertising and Sales Promotion International Marketing and Advertising Unit 2, Lesson 5 Copyright © Texas Education Agency, All Rights Reserved.
U.S. Commercial Service U.S. Department of Commerce Export University Sources for Conducting International Market Research Jessica M. Gordon March 23,
1 Chapter 19 The Global Marketplace. 2 Global Marketing into the Twenty-First Century The world is shrinking rapidly with the advent of faster communication,
Global Edition Chapter Nineteen The Global Marketplace Copyright ©2014 by Pearson Education.
Business in a Changing World
U.S. Commercial Service Collaborating to Build Stronger Companies in Stronger Communities 2012 EDA Seattle Regional Training Conference April 3-5, 2012.
U.S. Commercial Service Miami Export Assistance Center Andrew Gately Friday, July 20, 2012.
Small Companies in International Business Chapter 6.
Entrepreneurship and Small Business Management
Introduction to Business © Thomson South-Western ChapterChapter Business in the Global Economy International Business Basics The Global Marketplace.
© 2012 Cengage Learning. All Rights Reserved. Principles of Business, 8e C H A P T E R 3 SLIDE International Business Basics The Global.
Copyright © 2011Pearson Education CHAPTER 15. Copyright © 2011 Pearson Education  Offset sales declines in the domestic market  Increase sales and profits.
strategies for analyzing and entering foreign markets
Exporting Your Product or Service Growing your business by selling to buyers in international markets.
VALET PROGRAM PARTNER INTRODUCTIONS. C OMPREHENSIVE P ROCESSES AND T OOLS Build a Foundation for Effective Growth “A RMS AND L EGS ” OF A S EAMLESS.
Copyright © 2012 Pearson Education. Chapter Nineteen The Global Marketplace.
VITA Global Networking Breakfast How the U.S. Commercial Service Assists Businesses to Expand into New International Markets Wednesday, November 12, 2014.
Canada-United States Transportation Border Working Group, October 28, 2010 The Canada-US Trade and Investment Relationship.
Building Overseas Infrastructure Growing Your International Business Craig A Harvey Chair, MSDEC.
U.S. Commercial Service Our mission:  To promote the export of goods & services from the United States, particularly by small- and medium-sized businesses.
Our Mission….. To help U.S. based companies in their export endeavors.
Ch 4.1 International Trade The Global Marketplace.
24 March 2010Exporting 101 Building International Sales Assessing Risk & Opportunity Craig A Harvey Chair, MSDEC.
Copyright 2013 GHSP | A JSJ Company Trade Compliance Working Together to Provide Compliant Documentation.
Managing in a Global World
International Trade Chapter #4.
JA Global Marketplace Name Title Company. JA Global Marketplace Session One Objectives: “X” Marks the Spot Define trade Explain why countries trade with.
The World is Open for Your Business. Let the U.S. Commercial Service – Baltimore connect you to a world of opportunity. St. Mary’s County Export Forum.
Agent Advantages to Seller Low Cost Quicker Entry Lower Time Commitment Can be a domestic sale US Laws pertain Disadvantages to Seller Low return Reduced.
Global Opportunities for Small Business
Small Business Management, 18e
The World is Open for Your Business
The World Is Open For Business. Yours.
The Global Marketplace
chambers of commerce do business
The Global Marketplace
Manoj Desai Commercial Officer U.S. Commercial Service Louisiana
Your Global Business Partner!
EU GATEWAY TO KOREA Facilitating long-lasting business collaborations
The Global Marketplace
Going Global – What support is available for UK companies?
Presentation transcript:

The World is Open for Your Business. Let the U.S. Commercial Service connect you to a world of opportunity.

Let Us Help You Export. With offices throughout the United States and in U.S. Embassies and consulates in nearly 80 countries, the U.S. Commercial Service of the U.S. Department of Commerce’s International Trade Administration utilizes its global network of trade professionals to connect U.S. companies with international buyers worldwide.

 To promote the export of goods & services from the United States, particularly by small- and medium- sized businesses  To represent U.S. economic interests internationally  To help U.S. exporters find qualified international partners Our mission:

 Trade Counseling. Get the information and advice you need to succeed.  Market Intelligence. Target the best trade opportunities.  Business Matchmaking. Connect with the right partners and prospects.  Commercial Diplomacy. Ensure your products and services have the best possible prospects for success in international markets. Our Proven Expertise Makes Doing Business Internationally Easier. Whether you are looking to make your first export sale or expand to additional international markets, we have the expertise you need to tap into lucrative opportunities and increase your bottom line.

Why Sell Globally?  Market growth. Where is your company’s potential growth?  Economies of scale.  Extend product life cycle.  Moderate seasonal production cycles.  Faster growth, higher profits.  Competition.  Enjoy what you do!

Resources & Considerations Related to Export Expansion. “Global operations” can take myriad forms, with sundry opportunities and challenges, many of which are highly industry dependent.  Global sourcing (interfacing with global suppliers, managing international logistics, managing risk)  Global manufacturing (coordinating multinational production and R&D facilities, operations in overseas locations)  Global distribution (managing global distribution, managing risk, navigating local regulatory environment)

Seven General Considerations & Associated Resources.  Planning and strategy Foreign Tariffs & Taxes Shipping & Logistics Regulatory Compliance/Standards Trade Finance U.S. Export Controls Intellectual Property Rights

Planning and Strategy. Impact: Effective manage finite business development resources and align operational resources to facilitate targeted growth  Develop an international business plan … for entry or expansion into targeted markets Resource: International Marketing Plan Workbook- al.pdf) al.pdf  Target highest ROI trade opportunities through market intelligence Resources: (MRL) (Industry Pages) (Country/Local Sites)  Conduct due diligence on prospective partners … detailed credit reports covering sales, profit figures, potential, liabilities, and other financial information. Resources:

Foreign Tariffs & Taxes. Impact: Foreign tariffs and taxes affect the final price point of your product in a particular market, and by extension your price based competitiveness  Determine your product’s Schedule B and HS numbers; Verify tariff rates, import fees, and taxes; Calculate the landed cost of your products. Resource: (Duty calculator, Schedule B)  Free Trade Agreements: NAFTA, CAFTA-DR, Australia, Chile, Israel, Jordan, Morocco, Singapore, CAFTA-DR, Bahrain, Peru Resource:  Foreign tariff and tax treatment of tangible goods vs. services vs. license royalities

Shipping & Logistics. Impact: Knowing the range of shipping tools available to you can help you more effectively negotiate, mitigate risk associated with moving product internationally, manage costs, and ensure efficient delivery and after sales service Incoterms ( Documentation- certificates of origin, country of origin determination, legalization/authentication ( Freight forwarders (

 Many foreign countries have their own standards and import certification requirements on things like: product standards, certification requirements, electricity regulations, packaging and recycling laws and quality expectations. -> Resource:  Examples of State-side certifications that might be required by foreign governments: –FDA Certificates (free sale, foreign gov’t, cert. of exportability, etc.) –USDA/APHIS- EU Certificate  EU Standards- e.g. WEEE, RoHS, REACH, Safe Harbor, CE Marking (self classify or use a notified body, Class I, II, or III medical device, LV/EMC Directive) -> Resource: **Notify U.S. Web site** Regulatory Compliance/Standards. Impact: Failure to comply with local regulatory standards can delay your time to market to hinder future international sales activities

Four Primary Considerations: Payment terms- learn to use them to mitigate risk and win the deal Export transaction cycle (working capital, credit insurance) Buyer financing Financing for overseas investment and risk insurance -> Resource: ** U.S. tax incentive for U.S. exporters- IC-DISC (Interest Charge – Domestic International Sales Corporation) Trade Finance. Impact: Access to working capital and full range of payment tools can affect your global competiveness and bottom line.

Licensing jurisdiction- several agencies involved (EAR, ITAR, OFAC, etc.) “Dual-Use” Technologies- reasons for control Deemed exports Sales to embargoed markets and denied parties/entities All exporting companies should have some sort of company wide export compliance management program -> Resource: Export Licensing & Controls. Impact: Affects lead time to market and ability to sell to particular markets.

Trademarks, Patents, and Trade Secrets Strategy Targeting Organized Piracy (STOP!) Initiative IP right holders can call 1 (866) 999-HALT to speak with a USPTO attorney advisor IPR Toolkits available for many international markets IPR in China Webinar series: Intellectual Property Rights. Impact: A country’s IPR environment can drive market entry strategy

Contact us today to connect with a world of opportunity. U.S. Department of Commerce 9690 South 300 West, Suite 201 Sandy, UT Tel: (801) Fax: (801) export.gov | 800.USA.TRADE