The export agency company runs away? The truth behind it is astonishing!

In today's business world, export business is an important way for many enterprises to expand the market and increase profits. And export agency companies are supposed to be the right-hand men to help these enterprises carry out foreign trade activities smoothly. However, recently, there have been frequent news of export agency companies running away. Just like the situation of Zhongshitong, it really makes many relevant people break out in a cold sweat, and also makes us have to deeply explore what is hidden behind it.

In recent years, the incidents of export agency companies like Zhongshitong running away are not isolated cases. Mr. Zhang once encountered such a bad thing. He happily reached a cooperation with Zhongshitong and entrusted all the export business of his enterprise to the other party, looking forward to successfully expanding the overseas market. But who would have thought that when the business reached a critical stage, Zhongshitong suddenly disappeared, leaving Mr. Zhang in a daze and a bunch of unfinished orders and financial mess.

This not only makes Mr. Zhang's enterprise face the risk of default, but may also lead to damage to its reputation among overseas customers, and the subsequent business expansion is even more difficult. And there are many victims like Mr. Zhang. Their original beautiful business plans were shattered by these export agency companies that ran away.

• First of all, the break of the capital chain is a common reason. Some export agency companies are too aggressive in the expansion process, blindly undertaking a large number of businesses, but do not have enough financial strength to support the operation. When encountering some unexpected situations, such as overseas customers' payment delays and large fluctuations in exchange rates, it is easy to fall into a financial dilemma and eventually lead to running away.

• Secondly, chaotic internal management is also a major hidden danger. Zhongshitong may have such problems. From the non-standard business process to unclear financial accounts, various chaotic situations make the company's operation efficiency low and prone to breeding bad phenomena such as corruption. Once the problems accumulate to a certain extent, the company can no longer sustain and can only choose to run away.

• Furthermore, the market competition is fierce. Some unethical export agency companies, in order to obtain business, spare no effort to attract customers by means of low prices and other improper means, but in fact, they cannot provide high-quality services. When they cannot fulfill their promises, they simply leave.

For the majority of business owners, in the face of the possible risk of export agency companies running away, effective preventive measures must be taken. When choosing an export agency company to cooperate with, don't just value the price advantage, but conduct a comprehensive and in-depth investigation of it.

For example, you can check its past business cases and understand its reputation in the industry; you can also examine the company's scale, personnel allocation, etc., to judge whether it has enough strength to undertake the agency business. At the same time, when signing the cooperation agreement, the rights and obligations of both parties should be clearly defined, especially for key links such as payment of funds and business processes, so that there are rules to follow in case of problems.

The healthy development of the export agency industry is inseparable from perfect industry norms. At present, there may still be some loopholes in relevant supervision, making it possible for unethical companies like Zhongshitong to take advantage. Relevant departments should strengthen the supervision of the export agency industry, formulate more stringent access standards and standard business processes.

Only in this way can the emergence of unethical export agency companies be reduced from the source, the legitimate rights and interests of the majority of enterprises be protected, and the export agency industry truly become a powerful support for promoting the development of foreign trade.

In short, the incidents of export agency companies running away have brought great troubles and losses to many enterprises. We hope that through the in-depth analysis of these incidents, business owners can more clearly understand the risks involved, and also prompt the industry to continuously improve itself and move towards a more standardized and healthy development path. We hope that everyone can actively participate in the discussion on how to prevent such incidents and jointly contribute ideas for the development of the industry.