Starting a commodity export business looks a lot easier on the surface, but to be sincere with you, exportation business is not a get-rich-quick scheme. Sometimes, people read some special salivating article on the internet about one exportable product or the other or get to buy some e-books and they felt like" WHAOOOOOOOO", i have hitted the game and i am good to go. Export business is lot more than that.
It requires planning, dedication and patience to succeed in the business. As profitable as this business is, it also has its own hurdles and risk and if this is not well taken care of, it could make the exporter a failure. 60% of prospective exporters never get to successfully export any product due to wrong foundation and the hurdles in the business which they do not put into consideration.
In this business, there are lots of challenges which should be well taken care of in the aspect of product planning, local sourcing, export contract sourcing, management of buyers, consistency of the business, high and fast profit turnover time, logistics e.t.c. But most new prospective exporters are not willing to learn. Some believe, that after reading a few articles online, they are good to go, but to tell you the fact, reality is different. There is a difference between how it should be and how it really is.
The most important step a prospective exporter should take is to have a mentor/consultant who has deep and grass root experience on the business. It is always good that your consultant should also be your mentor, because of the wide range of experience your consultant will have gathered on different cases and scenarios. Having a consultant/mentor will help you in learning from other people's experience. The mistake most people make is that, they believe getting capital is everything. Meanwhile, if you depend only on your capital, you might loose all in a glance, but if you have a consultant/mentor, even if you have a little capital, you can grow it steadily into huge sum with patience, dedication and persistence.
If you are willing to start Non-Oil Commodity Export Business and overcome the challenges of exporting, you can subscribe to our "Non-Oil Commodity Export Business Advisory Service". This services is also applicable to existing exporters of non-oil commodity willing to improve their export business performance level. With this service we will mentor you on practical steps and strategies you need in promoting and establishing your non-oil export business for better turnover and profitability. We will also assist you with current and real time information that will help your decision making progress. In addition we will play an advisory role in assisting you to solve serious problems that comes your way in the business process. Prospective exporters interested in this service can send us a mail to: tosfatconcepts@gmail.com/business@tosfatconcepts.com.ng or call +2348038248222/+2348076000259 for registration information on this service and other inquiries.
To your success,
Gbeke Faith
Chief Consultant
TOSFAT Concepts
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