How to begin an import company? Organize your own teamwork

Starting an import company from China may make us feel a little confused about what to do first. Generally, we think that the first thing to do is to have a good supplier who gives us a good quality product at low price, among other things. That is to say, we principally focus on the product. But, in fact, in order to succeed in our import business, the product is as important as the team that accompanies us.  Some years ago in our first visit to Canton Fair, we heard someone said this phrase: “No one gets rich alone”. We extrapolated this expression and create our own version out of it: “No one can succeed alone”. That´s what we meant. In this interconnected world, we need to make teams with other companies we can trust, that know to perform their part of their job and can work as a team with the other members.

Indispensable Players In Your Team

Export Services Company

This company will provide you with all the essential services to avoid your being swindled and assure that you are going to receive the merchandise in the conditions you requested them.

Logistics  Agent

The forwarder or intermediary is the company that will be in charge of organizing your cargo transportation from the moment the merchandise left the factory to your company ´s warehouse.  If you want to know more about what to expect from a good logistics agent, click here.

Costume Broker

This agent is in charge of nationalizing the merchandise in your country, that is to say, represent us in the national costume office, requesting the acceptance of the merchandise to the country. To do this, he must deliver the costume office with a set of documents about both the merchandise and the company that bought it.

There are other non-indispensable players but who could also help you, such as the banks that provide you with a letter of credit and other instruments that help you to succeed with your business strategy. But banking institutions are not indispensable. You can make millions of dollars in profit before really being in the need of a letter of credit.

You won´t get very far without a good company that offers you exports services, a logistic agent and a customs broker. After that, all that remains is for you know how to sell and distribute theproduct you imported.

If your interest is begin an import company we have several articles specializing in this topic. You can find them on our blog under the category “Import From China”.