Seeking Expert Guidance on Building a Reliable Export Business in India
Starting an export enterprise can be a rewarding venture, but navigating the complexities of international trade requires strategic planning and the right partnerships. As a new exporter based in India, I have begun shipping products such as bananas, onions, grapes, and mangoes to Gulf countries. However, I am currently facing challenges in establishing relationships with clients who offer timely and secure payments.
One of the critical issues I am encountering is the standard practice of supplying goods on approximately 70% credit terms, which exposes my business to significant financial risks. Ensuring prompt and full payments is crucial for maintaining sustainable operations and expanding the business.
I am reaching out to experienced professionals in the export-import industry for guidance on how to identify and connect with reputable clients. Specifically, I am interested in strategies to secure clients willing to pay in advance or under more secure payment arrangements. Recommendations on building trustworthy networks, leveraging trade platforms, or utilizing financial instruments such as letters of credit would be highly appreciated.
Any insights or advice from seasoned exporters familiar with the Gulf markets or international trade protocols would be immensely valuable. My goal is to establish a dependable client base that supports the growth and stability of my export business.
Thank you for your support and expertise.
