IMPORT EXPORT SEMINAR
In the seminar a chief guest form Indian Institute of Management Mr Viral Shah. He was a dominating the seminar. So, this seminar is about what exactly prepare documents when a start-up business, how to grow your business, and how to buy products and exports safe and secure for another country or state. These all questions are discussed in the seminar by Mr Viral Shah.
He provides as much knowledge as he can. The important thing is when you export your product, for example, one company may contract with another business to provide the raw materials required for the production of the product. To help you better understand the different types of business customers in the markets, we have placed them in four basic categories:
- Manufacturers,
- Resellers
- Governments
- Organizations.
As well as export incentives are some of the benefits that are received from the export government as an acceptance of foreign exchange and reimbursement of the cost of sending goods and services out of the country.
The main challenge for exports is to determine the right price for their product. The price should be reasonable, yet competitive. The high cost can be competitive if it comes with high product quality, prompt delivery, special packaging and additional benefits. Many factors affect the profitability of an export product.
As such, the price that the foreign buyer is willing to pay for your product is an additional expense that can increase the value of your exported product. So, from this seminar Arihannt Diamond Institute provided a little knowledge to the businessmen so that they can develop their business by coming in contact with new ideas.
