Brokering Int'l Export deals in Potatoes Plan 1 (Basically, this goes fior any tangible good)
1. Research and identify potential buyers and sellers: The first step in brokering a deal for the import and export of potatoes between two countries is to research and identify potential buyers and sellers. This can be done by contacting trade associations, government agencies, and industry experts in both countries.
2. Establish communication: Once potential buyers and sellers have been identified, establish communication with them to discuss their needs and requirements. This can be done through email, phone calls, or video conferencing.
3. Negotiate terms: After establishing communication, negotiate the terms of the deal, including the price, quantity, quality, delivery schedule, and payment terms. It is important to ensure that both parties are satisfied with the terms of the deal.
4. Draft a contract: Once the terms of the deal have been agreed upon, draft a contract that outlines all the details of the transaction. The contract should be reviewed and approved by both parties before it is signed.
5. Arrange logistics: After the contract has been signed, arrange for the logistics of the transaction, including transportation, customs clearance, and insurance. It is important to ensure that all necessary permits and licenses are obtained.
6. Monitor the transaction: Finally, monitor the transaction to ensure that everything is proceeding according to plan. This includes tracking the shipment, ensuring that payment is made on time, and resolving any issues that may arise.
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To get more real life examples of successful Export transactions in a step by step manner, please read our Amazon Book (Mike Wilson & Ramzi Bouchrit), 7 Steps to Export Success: https://amazon.com/dp/B0B35HG9PC
