Importation business

[Lynaia]

I've never heard of a company like that in China before. Importation business is really a good business that should be considered by most people especially those that don't have much capital to start a business

 

[Potuse]

Importation business depends a lot on the country's economy. Usually developing countries tend to import products rather than exporting too much and this is why they struggle so much.

Virtually all the countries in the world does importation it is just that what you're importing is not what you can be able to produce in your home soil.

 

[ghxstvecna]

Importation business simply means buying products from overseas at a relatively cheap price and resell it at a high price. It simply buying and selling.

 

[Immilash]

Apart from the importation business, you need a lot of knowledge around any business you want to put your money.
This is very necessary so as not to engage yourself in a wasteful venture.

That's true, without having the knowledge of what you are doing you will only be wasting your time, having the knowledge is all that matters, and also experience.

 

[Yohanna]

It might requires a huge capital in the sense that you will need to buy most of these products in bulk. Most especially if you are dealing with electronic gadgets such as phones and laptops.

If you are involved in the importation of goods and services you would need a lot of capital to do that.
You should also have enough experience in that area to pull successful transactions.

 

[Potuse]

If you are involved in the importation of goods and services you would need a lot of capital to do that.
You should also have enough experience in that area to pull successful transactions.

There is no doubt that the business is capital intensive and you will need enough experience too. This is how to be successful in an importation business.

 

[GIFTMICHAEL]

The business could be profitable depending on what you are importing , but however it requires certain amount of capital. The capital needed will also depend on your areas of importation.

 

[Good-Person]

Virtually all the countries in the world does importation it is just that what you're importing is not what you can be able to produce in your home soil.

Yes, I think that each and every kind of country depends on imports. There are many agricultural companies in the word that are the ones that import much items are compared to others.

 

[Shigobad2020]

Yes, I think that each and every kind of country depends on imports. There are many agricultural companies in the word that are the ones that import much items are compared to others.

Importation is one of the main way or let me say the situations where the government get their target of income on tax , because without importation , govermoment won't be making money from foreign produce .

 

[Danny4cash]

Importation business is very profitable. You buy product for cheap price and sell it for higher price. I hear about 1668 long time ago. I even attended seminar on it, but I couldn't practice what I learned from the seminar due to the fact that you need agent who help you pay for the product and then ship it to location. By the you calculate the agent fees, money for shipping and other fees like that, you'll realize that the product is not really cheap.

 

[Sincerem]

If you are involved in the importation of goods and services you would need a lot of capital to do that.
You should also have enough experience in that area to pull successful transactions.

In Terms of transaction , you do not really have to stress yourself if you are using trusted e commerce platforms. Delivering of products across a wider environment is the most challenging factor.

 

[Sincerem]

It is a business requires huge capital to start and if you do not have enough capital you cannot start importation business.
You need to get the capital first and then you can think of that business.

Well , so many people are engaging in the business and they are making profit. It is a business for everyone provided you know exactly how the business can be done safely without you losing your money or products you are importing

 

[Yohanna]

Well , so many people are engaging in the business and they are making profit. It is a business for everyone provided you know exactly how the business can be done safely without you losing your money or products you are importing

Getting yourself acquainted to the risk so don't do the business is a key.
Getting the needed skill on how to manage the risk that a business has is a very important skill to garner to run a successful business.

 

[joy101]

That's a good idea to earn money, but always put it in mind that you need to have a good amount of money before you can start up that's kind of business.

Importation business is very lucrative business because I have a friend who is into the business an he is doing well in the business, alot of people that is into such business are making good money from it.

 

[Floura]

Importation business is very lucrative business because I have a friend who is into the business an he is doing well in the business, alot of people that is into such business are making good money from it.

Yeah, Yiu can actually earn money with this kinds of business, I know of a person that is doing this kinds of business aswell, they earn a tangible amount of money.

 

[Sincerem]

Getting yourself acquainted to the risk so don't do the business is a key.
Getting the needed skill on how to manage the risk that a business has is a very important skill to garner to run a successful business.

Probably you will just need someone to guide you through. That's the only way that might help so as to be able to follow up the normal procedure needed to start up the business successfully

 

[Genie01]

Getting yourself acquainted to the risk so don't do the business is a key.
Getting the needed skill on how to manage the risk that a business has is a very important skill to garner to run a successful business.

You are absolutely right, risk analysis is quite an important skill in business and it requires some level of knowledge which can be acquired by learning from people that are more experienced.

 

[Yohanna]

Probably you will just need someone to guide you through. That's the only way that might help so as to be able to follow up the normal procedure needed to start up the business successfully

Getting experiences from those who have been into the importation business for a long time is a very important aspect that must be done if you don't really want to incure some losses in the business.

 

[Smiles20]

This is actually a very good business model if you are going to deep it. There are some things that are cheaper in other places and it is going to be good for you to buy and sell it in your own country.

 

[UsmanAmoyo]

Getting experiences from those who have been into the importation business for a long time is a very important aspect that must be done if you don't really want to incure some losses in the business.

You are right, the truth is that if you decide to join without prior consultations and expert advice. The tendency of doing the business the wrong way is very high and it would not be helpful.