Welcome to BeerMoneyForum.com - BIGGEST MAKE MONEY FORUM ONLINE

Join us now to get access to all our features. Once registered and logged in, you will be able to create topics, post replies to existing threads, give reputation to your fellow members, get your own private messenger, and so, so much more. It's also quick and totally free, so what are you waiting for?
Blue
Red
Green
Orange
Voilet
Slate
Dark
  Guest viewing is limited

Must checkout:

❓ASK Should You Start An Importation Business?

Ben Kempton

Ruby Member
LV
0
 
Joined
Oct 2, 2020
Messages
16,957
Solutions
1
Reaction score
191
Points
150
Awards
2
BMF Points
$559
Rating - 0%
0   0   0
There are many countries in the world that depend on imports. This is because many people prefer using the products of many other countries. This may be due to various reasons. Regardless of the case, there are many importers in many countries. They import many products, especially those products that are in demand. This may also include food products, perfumes, fragrances, and may other kinds of items. However, starting such kind of business might not be that easy because you may need to invest a lots of capital. So, is it a good idea to start an import business?
 
Exactly the shipping costs , Customs , handling and management along with storage are the options that take a lot of percentage from the budget and that is why at-least $10k is needed to invest in such market niches to launch an importing business that can be food or clothing along with utensils actually .
Yes, it cost a lot of money to start dropshiping. That's many people abaddon the plan despite planning for it. The amount they are selling the product may not be much, but what you'll spend in bringing in the goods from where you bought to where you want to sell it is not small.
 
This is an business that requires you to have a storage space or warehouse for the incoming products inventory , A lot of funds to purchase the product you want , funds to promote the product , funds to hire employees to manage your product , insurance quoted from companies so that your inventory reaches you safely all add up and that is why there is significant risks in this business including loss of products at seaports due to custom negligence so all these factors account and before starting such a business kindly consider them with calmness to study launching such a business with your funds indeed .
 
Someone that wants to start importation business will need to consider many factors before he starts to make the business lucrative. He must know the items that are allowed to be imported as each countries always have the list of items that are allowed or disallowed. There is also the need to have a warehouse to be keeping his imported goods. It can be a lucrative if properly managed.
 
Importation business is very profitable in my country as most of the people prefer imported goods to locally manufactured products. They are many reasons why most people prefer imported products to local products in my country. Some of these reasons are quality and low price. It's generally believe here that imported goods are the best. The point is importation business in my country is profitable, but you need a lot of money to ventured into it.
 
Importation is one of the best lucrative business we can do online and can be start with just small Investment.
I know of some people that import goods from China and sell the products high more than double what they bought the products. And the best place to buy cheap products is 1866 dot com.
 
Exactly the shipping costs , Customs , handling and management along with storage are the options that take a lot of percentage from the budget and that is why at-least $10k is needed to invest in such market niches to launch an importing business that can be food or clothing along with utensils actually .
 
I think this is a good business to have but it requires a lot of things to start. You need money and if you don't own a vehicle depending on where you're going to be delivering or pick up the goods.. you also need contact so you can be introduced to good suppliers.
 
Trade has been going on for almost as long as there have been people on the planet. The potato was brought to Ireland through the process of imports and exports. In a more contemporary sense, imports and exports are the reason we are able to purchase food, drinks, equipment, clothes, and practically everything else from all over the world today.
 
Importation is very lucrative . Before engaging in importation business make sure you know about importation policies,laws etc of your country to avoid entering into conflict with government. Moreover, importation business requires a lot of capital involvement. It is not a business for poor or average business owners. But nowadays, you can do mini importation with less stress.
 
Although before starting the business ,it's best you do your own research well , because there are some cases where you could start the business and don't understand the way it's been run , atleast you should know the kind of product that you would import to earn gains
 
Importation business is a large business and would require large capital. Though I wish to start because many of our politicians make money through this but I have not up to that capital to start because to get goods on delivery requires taxes and commissions to pay.
 
Though importation is really profitable if we manage it well. But I think we just don't start any business on the ground that it is lucrative. At times, we start a business because of the passion that we have for such business.
 
This type of business necessitates having a storage area or storage for the arriving inventory of goods.
There are substantial dangers in since it costs a lot of money to buy the goods you want, promote the product, pay staff to handle your product, and get insurance quotes from firms so that your inventory gets to you securely.
 
Importation business may not really deserve the stress that we may go through having it. Though, there are some businesses that have high chance in the importation business, some of them include car business.
 
Importation business is very profitable in my country as most of the people prefer imported goods to locally manufactured products. They are many reasons why most people prefer imported products to local products in my country. Some of these reasons are quality and low price. It's generally believe here that imported goods are the best. The point is importation business in my country is profitable, but you need a lot of money to ventured into it.
I think it is very profitable business in many countries, goods cab be imported in low price and sell high price to the people. Actually i think it is always done based on the quality of the product. Others people always seen imported goods to be quality than the local products.
 
Importation business is really very lucrative and I think I would encourage anyone to go into the business and also allow yourself to have a good mentor. But the issue is that it's usually very expensive to run or startup, aside that the business is really very lucrative.
 
Importation business is really very lucrative and I think I would encourage anyone to go into the business and also allow yourself to have a good mentor. But the issue is that it's usually very expensive to run or startup, aside that the business is really very lucrative.
The price to get the warehouse is always the main issue. Besides, getting license to be an importer as well especially if the goods and products are edible. Most countries do not like allowing edible products to their countries.
 
Storage facilities should first be provided for first before we start the importation business. This is necessary especially for some edible products. This will prevent them from spoilage. That's what make it expensive but lucrative.
 
Actually there are so many countries that depends mainly on importation of agricultural produce simply because their soil is not fertile enough to grow plants for their citizens. So they depend on agricultural products imported from other countries.....
 

📢 Recommended Partners

Paykassma - Accept Payments Online  | Payment Processing since 2019 Payka$$ma
Leading solution for accepting high-risk payments since 2019
5.00 star(s) 1 ratings
Updated
MGID - Native Performance & Programmatic Advertising Platform MGID Team
0.00 star(s) 0 ratings
Updated
Roobet.com | Crypto’s Fastest Growing Casino 🦘 Roobet.com
1.00 star(s) 1 ratings
Updated
Duckdice.io - Top Crypto Gambling - Bitcoin Dice DuckDice.io
0.00 star(s) 0 ratings
Updated

banner

REWARDS: Active Raffles


  • 🤑 Roll 4: Win 100,000 BMF Points!

    The entry period for this raffle ends in..
Back
Top Bottom

Earnings Disclaimer:  All the posts published herein are merely based on individual views, and they do not expressly or by implications represent those of BeerMoneyForum.com or its owner. It is hereby made clear that BeerMoneyForum.com does not endorse, support, adopt or vouch any views, programs and/or business opportunities posted herein. BeerMoneyForum.com also does not give and/or offer any investment advice to any members and/or it's readers. All members and readers are advised to independently consult their own consultants, lawyers and/or families before making any investment and/or business decisions. This forum is merely a place for general discussions. It is hereby agreed by all members and/or readers that BeerMoneyForum.com is in no way responsible and/or liable for any damages and/or losses suffered by anyone of you.