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Plan

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Before you launch into importing the first thing you need to do is analyse its feasibility and start planning. This includes:

  • identifying the market for the imported product;
  • locating suppliers;
  • adhering to Australian import regulations;
  • finding a customs broker;
  • collecting import quotations;
  • establishing payment terms;
  • learning trade terminology;
  • managing foreign exchange fluctuations;
  • determining methods of transport; and
  • securing distribution arrangements and agreements.

 

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