How to Minimize Cost and Risk in Export Import Business

Introduction

There are many risks and costs involved in exporting importing and as well as investment in our country. Risk Assessment & Cost Minimization are very powerful and convenient tool that can be used by any sort of industry irrespective of the size and trade.

As the world is all connected and globalization is a trend in this century, many investors, importers and exporters have shifted to international trading. International trading increases the chance of facilitating market to do successful business. International trading includes exporting and importing which allows the business people to connect personally with all the necessary suppliers and manufacturers which will eventually lead them to cost effectiveness.

However, doing global business has many risks and costs that we need to keep in mind and be aware of. Exchange rate is always in the risk of fluctuating which is clearly a risk faced by importers. Risks and costs assessment focuses on how to systematically identify and minimize risk in any kind of operation. The course will provide managers with a solid understanding of risk and how to manage it.

Methodology

Exercise, PowerPoint Presentation, Question and answer session.

Contents of Training:

Choice of best payment methods

Return on sales

Return on investment

Return on equity

Return on fixed investment

Break Even point in sales

Break Even point in unit

Break Even point in percentage

Calculation of repayment procedure

Market survey system

Buyer/ Seller selection procedure

Market selection

Identifying Export products

Identifying Import products

SWOT analysis

Correct H.S Code selection

Correct INCOTERMS selection

Cost analysis

Import Cost calculation with practical exercise

Foreign Exchange rate

Concept on L/C

Concept on EPO & IPO

Cash incentive product selection

Duty drawback

Tax holiday

Buyer’s insolvency/ Credit risk

Buyers’ acceptance risk

Knowledge inadequacy risk

Seller’s performance risk

Documentation risk

Economic Risk

Cultural Risk

Legal Risk

Foreign Exchange Risk

Interest Rate Risk

Political / Sovereign Risk

Transit Risk

Unforeseen Risk

Questions & Answers Session

Certificate Distribution

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Contact

9140345, 9117179

workshop@bdjobs.com

Bdjobs.com Ltd.

19 th floor (East), BDBL Building (Old BSRS)
12 Karwan Bazaar
Dhaka - 1215

Importers, Exporters & New Investors.
Commercial, Marketing professionals working in Export-Import oriented areas.
Professionals who are engaged and responsible for market development in home and abroad.
Officials engaged in RMG & Buying House.
Persons are willing to work in the multinational companies in home and abroad.
CEO, GM, Bankers, Business Managers in the various Trading organizations.
Persons are willing to know about International business system.
SME & Women Entrepreneurs.