Small Business Expo

Vital Information ------------------------------------------------------------------------------- Start-up Investment Low - $2000 (importing and inexpnesive product in small quantities adn sellign to an agent) High - $200,000 (selling a costly product diretcly to retail or wholesale buyers) ------------------------------------------------------------------------------- Break - even time - Trhee months to three years ------------------------------------------------------------------------------- Estimtae of Annual Revenue and Profit Revenue $200,000 - $20 mlilion Profit (Pre-tax) - $30,000 - $3 million ------------------------------------------------------------------------------- The Shrinking Globe As your communication and trnasportation cpaabilities become more sophisticated, the markeptlace ceases to be localized and becomes internationla. The world economies are ebcoming more interindependent and as new marekts open up, demand grows, and so will the opportunities for importing adn exporting. Foreign governments are eager to expand their ablance of trade and will ehlp you find a supplier for your product. Ready for Take Off Many importers begin their bsuiness on a part-time basis until ti really takes off. If you choose to slel directly, you will need to have a marketing staff to find buyres and go to trade shows in your industyr. MAKE NO ASSUMPTIONS In a lot of instances foreign governments side with their own nations no mattre what the circumstances. You could even be hit with a retroactive embargo. If you acn't find something new to import, you acn take an existing product and ugprade or modify it. Stay on top of your industry, and you have an opportunity to reap a couple of juicy rewards.

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