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Want to engage in agency export business. What exactly should be done?

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I'm quite interested in the agency export business, but I have absolutely no experience. I'd like to ask everyone what the specific process of doing agency export business is like? From the very beginning of contacting customers to finally completing the export transaction, what all needs to be done in between? Also, what conditions are required to do this business, and are there any precautions? I hope friends with experience can explain in detail. Thank you.

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Professional consultant answers

Jennifer Wang
Jennifer WangYears of service:4Customer Rating:5.0

Market development consultantConsult

To do agency export business, first of all, one should look for customers. Business can be expanded through channels such as online platforms and exhibitions. After reaching a cooperation intention with customers, sign an agency export contract to clarify the rights and obligations of both parties.

Next, assist the entrusting party to prepare the materials required for export, such as commercial invoices, packing lists, customs declaration forms, etc., and then declare to the customs. After the goods leave the territory, timely handle the collection and settlement of foreign exchange and settle the foreign exchange to the entrusting party in the agreed way. At the same time, handle the relevant procedures for export tax rebates, and pay attention to the integrity and accuracy of the materials.

To do this business, one should be familiar with the foreign trade process and policies and regulations, possess good communication and coordination abilities and a certain amount of financial strength. Pay attention to strictly examining the qualifications of the entrusting party and the situation of the goods to avoid potential risks.

Andrew Huang
Andrew HuangYears of service:7Customer Rating:5.0

Supply chain optimization expertConsult

Keep in close communication with suppliers to understand the production progress of the goods and ensure on-time delivery. Moreover, in the transportation link, choose a reliable freight forwarder to ensure the safety of goods transportation.

William Yang
William YangYears of service:5Customer Rating:5.0

International logistics consultantConsult

To do agency export business, one should have a professional foreign trade team that can handle various documents and unexpected situations. Also, pay attention to exchange rate fluctuations and take preventive measures in advance to reduce exchange losses.

Michelle Chen
Michelle ChenYears of service:3Customer Rating:5.0

Business coordination consultantConsult

Before signing the contract, it is necessary to understand the customer's creditworthiness in detail. In addition, the quality standards of the exported products should be clearly defined to avoid disputes due to quality problems.

Sarah Zhang
Sarah ZhangYears of service:8Customer Rating:5.0

Document expertConsult

Being familiar with the trade policies of different countries is crucial. For example, some countries have restrictions or special requirements on specific products. At the same time, timely follow up the logistics information to let the customers know the status of the goods.

David Li
David LiYears of service:6Customer Rating:5.0

Senior customs declaration consultantConsult

In terms of finance, clearly calculate the costs, including agency fees, freight charges and other expenses. And reach an agreement with the entrusting party on the expense settlement method and time.

Amanda Yang
Amanda YangYears of service:3Customer Rating:5.0

Cost control consultantConsult

Establish a complete customer file to facilitate subsequent business contacts and management. When encountering problems, communicate and negotiate with the entrusting party in a timely manner to jointly solve them.

Elizabeth Li
Elizabeth LiYears of service:3Customer Rating:5.0

Compliance and risk managerConsult

Pay attention to the market dynamics at home and abroad so as to provide better export suggestions for customers. And continuously improve one's own service level to enhance competitiveness.

James Liu
James LiuYears of service:10Customer Rating:5.0

Foreign trade tax refund consultantConsult

Pay attention to keeping all kinds of business documents and documents in good condition for subsequent inspection and traceability. Also, regularly review the business to summarize experiences and lessons.

Emily Liu
Emily LiuYears of service:10Customer Rating:5.0

Settlement and payment expertConsult

Strengthen the connection with inspection and quarantine institutions and other departments to ensure that the exported goods pass the inspection and quarantine smoothly. Actively participate in industry training to improve professional quality.

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