Blogs on Import Export Business by Eximguru Adv. Jayprakash Somani
Why to do Import & Export?
Any dynamic youth or businessman or professional thinks to come in the field of foreign trade or services because of following attractionsâ€¦.
- 1) Earning more profits:- We can get more prices for our product or services in foreign countries. So we can earn more profits.
- 2) Earning benefits & incentives from the Governments:- In exports we are earning foreign currencies for our Country, so Government gives different benefits & incentives on the exports. In India we gets benefits & incentives in MEIS, SEIS schemes, EPCG, Advance Authorisation, MAI, MDA, EOU, EET, ASIDE etcâ€¦ (after getting technical knowledge in import & export one can easily understand these terms)
- 3) Earning foreign currencies for our Country:- This is a patriotic effect of exports. Our each and every invoice can bring foreign currency in our Country.
In some next blogs we will discuss who can do import & export, is English essential or not, is huge capital required or can we start in less capital, can there are huge bad debts in this trade, what is procedure of import & export, documentations, scope in import export state wise, scope in import & export product wise, import export statistics of different ports & icds, scope in international trade for commerce graduates, engineering graduates, management graduates, Law graduates, medical professionals, businessmen, industries & many more. Every week you can read the small chapter.To see Eximguru Adv. Jayprakash Somaniâ€™s Hindi & English motivational speeches & his training programâ€™s circulars visit www.importexporteducation.com or call 09322188701, 09325788704, 09819516605