Chapter 2: EXPORT ADVICE
For companies making initial plans to export or to export in new areas,
considerable advice and assistance are available at little or no cost.
It is easy, through lack of experience, to overestimate the problems
involved in exporting or to get embroiled in difficulties that can be
avoided. For these and other good reasons, it is important to get expert
counseling and assistance from the beginning.
This chapter gives a brief overview of sources of assistance available
through federal, state, and local government agencies and in the private
sector. Other chapters in this guide give more information on the
specialized services of these organizations and how to use them.
Information on where to find these organizations can be found in the
appendixes.
Some readers may feel overwhelmed at first by the number of sources of
advice available. Although it is not necessary to go to all of these
resources, it is valuable to know at least a little about each of them
and to get to know several personally. Each individual or organization
contacted can contribute different perspectives based on different
experience and skills.
While having many sources to choose from can be advantageous, deciding
where to begin can also be difficult. Some advice from experienced
exporters may be helpful in this regard. Recognizing this point,
President George Bush created the Trade Promotion Coordinating Committee
(TPCC) and charged it with harnessing all the resources of the federal
government to serve American exporting business. The TPCC conducts
export conferences, coordinates trade events and missions that cross-cut
federal agencies, and operates an export information center that can
help exporters find the right federal program to suit their needs
(telephone 1-800-USA-TRADE).
In general, however, the best place to start is the nearest U.S.
Department of Commerce district office, which can not only provide
export counseling in its own right but also direct companies toward
other government and private sector export services.
DEPARTMENT OF COMMERCE
The scope of services provided by the Department of Commerce to
exporters is vast, but it is often overlooked by many companies. Most of
the information and programs of interest to U.S. exporters are
concentrated in the department's International Trade Administration
(ITA), of which the subdivision called the U.S. and Foreign Commercial
Service (US&FCS) maintains a network of international trade specialists
in the United States and commercial officers in foreign cities to help
American companies do business abroad. By contacting the nearest
Department of Commerce district office, the U.S. exporter can tap into
all assistance programs available from ITA and all trade information
gathered by U.S. embassies and consulates worldwide. Addresses and phone
numbers for all district offices, listed by state, are given in appendix
III. The following sections detail the kinds of assistance offered.
EXPORT ASSISTANCE AVAILABLE IN THE UNITED STATES
Department of Commerce District Offices
Sixty-eight Department of Commerce district and branch offices in cities
throughout the United States and Puerto Rico provide information and
professional export counseling to business people. Each district office
is headed by a director and supported by trade specialists and other
staff. Branch offices usually consist of one trade specialist. These
professionals can counsel companies on the steps involved in exporting,
help them assess the export potential of their products, target markets,
and locate and check out potential overseas partners. In fact, because
Commerce has a worldwide network of international business experts,
district offices can answer almost any question exporters are likely to
ask or put them in touch with someone who can.
Each district office can offer information about
- international trade opportunities abroad,
- foreign markets for U.S. products and services,
- services to locate and evaluate overseas buyers and
representatives,
- financial aid to exporters,
- international trade exhibitions,
- export documentation requirements,
- foreign economic statistics,
- U.S. export licensing and foreign nation import requirements, and
- export seminars and conferences.
Most district offices also maintain business libraries containing
Commerce's latest reports as well as other publications of interest to
U.S. exporters. Important data bases, such as the NTDB, are also
available through many district offices that provide trade leads,
foreign business contacts, in-depth country market research,
export-import trade statistics, and other valuable information.
District Export Councils
Besides the immediate services of its district offices, the Department
of Commerce gives the exporter direct contact with seasoned exporters
experienced in all phases of export trade. The district offices work
closely with 51 district export councils (DECs) comprising nearly 1,800
business and trade experts who volunteer to help U.S. firms develop
solid export strategies.
These DECs assist in many of the workshops and seminars on exporting
arranged by the district offices (see below) or sponsor their own. DEC
members may also provide direct, personal counseling to less experienced
exporters, suggesting marketing strategies, trade contacts, and ways to
maximize success in overseas markets.
Assistance from DECs may be obtained through the Department of Commerce
district offices with which they are affiliated.
Export Seminars and Educational Programming
In addition to individual counseling sessions, an effective method of
informing local business communities of the various aspects of
international trade is through the conference and seminar program. Each
year, Commerce district offices conduct approximately 5,000 conferences,
seminars, and workshops on topics such as export documentation and
licensing procedures, country-specific market opportunities, export
trading companies, and U.S. trade promotion and trade policy
initiatives. The seminars are usually held in conjunction with DECs,
local chambers of commerce, state agencies, and world trade clubs. For
information on scheduled seminars across the country, or for educational
programming assistance, contact the nearest district office.
Assistance Available From Department of Commerce Specialists in
Washington, D.C.: Among the most valuable resources available to U.S.
exporters are the hundreds of trade specialists, expert in various areas
of international business, that the Department of Commerce has assembled
in its Washington headquarters.
Country Counseling
Every country in the world is assigned a country desk officer.
These desk officers (see appendix II for a list), in Commerce's
International Economic Policy (IEP) area, look at the needs of an
individual U.S. firm wishing to sell in a particular country,
taking into account that country's overall economy, trade policies,
political situation, and other relevant factors. Each desk officer
collects up-to-date information on the country's trade regulations,
tariffs and value-added taxes, business practices, economic and
political developments, trade data and trends, market size and
growth, and so on. Desk officers also participate in preparing
Commerce's country-specific market research reports, such as
Foreign Economic Trends and Overseas Business Reports (see appendix
V), available from the U.S. Government Printing Office and through
the NTDB. The value of IEP's market data may be gauged from the
fact that this agency develops much of the country-specific
background for negotiating positions of the U.S. trade
representative.
Product and Service Sector Counseling
Complementing IEP's country desks are the industry desk officers of
Commerce's Trade Development area. They are grouped in units (with
telephone numbers):
- Aerospace, 202-482-2835.
- Automotive Affairs and Consumer Goods,
202-482-0823.
- Basic Industries, 202-482-0614.
- Capital Goods and International Construction, 202-482-5023.
- Science and Electronics, 202-482-3548.
- Services, 202-482-5261.
- Textiles and Apparel, 202-482-3737.
The industry desk officers (see appendix II for a list) participate in
preparing reports on the competitive strength of selected U.S.
industries in domestic and international markets for the publication
U.S. Industrial Outlook (available from the U.S. Government Printing
Office). They also promote exports for their industry sectors through
marketing seminars, trade missions and trade fairs, foreign buyer
groups, business counseling, and information on market opportunities.
Export Counseling and International Market Analysis
The Market Analysis Division provides U.S. firms with assistance in
market research efforts and export counseling on market research.
Many of the research reports described in this chapter are planned
and prepared by the Office of Product Development and Distribution,
Market Analysis Division (202-482-5037).
Major Projects
For major projects abroad, the International Construction unit
works with American planning, engineering, and construction firms
to win bid contracts. The Major Projects Reference Room in
Commerce's Washington headquarters keeps detailed project documents
on multilateral development bank and U.S. foreign assistance
projects. Companies able to bid on major overseas projects can
reach the Major Projects Reference Room on 202-482-4876.
The Office of Telecommunications (202-482-4466) has major projects
information exclusively for that sector.
Other Assistance
Rounding out the Trade Development area is a unit that cuts across
industry sector issues. Trade Information and Analysis gathers,
analyzes, and disseminates trade and investment data for use in
trade promotion and policy formulation. It also includes
specialists in technical areas of international trade finance, such
as countertrade and barter, foreign sales corporations, export
financing, and the activities of multilateral development banks.
For more information, contact the nearest Department of Commerce
district office.
EXPORT MARKETING INFORMATION AND ASSISTANCE AVAILABLE OVERSEAS
US&FCS Overseas Posts
Much of the information about trends and actual trade leads in foreign
countries is gathered on site by the commercial officers of the US&FCS.
About half of the approximately 186 US&FCS American officers working in
67 countries (with 127 offices) have been hired from the private sector,
many with international trade experience. All understand firsthand the
problems encountered by U.S. companies in their efforts to trade abroad.
U.S.-based regional directors for the US&FCS can be contacted at the
following telephone numbers:
- Africa, Near East and South Asia, 202-482-4836.
- East Asia and Pacific, 202-377-8422.
- Europe, 202-482-1599.
- Western Hemisphere, 202-482-2736.
- Fax (Europe and Western Hemisphere), 202-482-3159.
- Fax (all others), 202-482-5179.
In addition, a valued asset of the US&FCS is a group of about 525
foreign nationals, usually natives of the foreign country, who are
employed in the U.S. embassy or consulate and bring with them a wealth
of personal understanding of local market conditions and business
practices. The US&FCS staff overseas provides a range of services to
help companies sell abroad: background information on foreign companies,
agency-finding services, market research, business counseling,
assistance in making appointments with key buyers and government
officials, and representations on behalf of companies adversely affected
by trade barriers. (Some of the more important services are described
fully in chapter 7.)
U.S. exporters usually tap into these services by contacting the
Department of Commerce district office in their state. While exporters
are strongly urged to contact their district office before going
overseas, U.S. business travelers abroad can also contact U.S. embassies
and consulates directly for help during their trips. District offices
can provide business travel facilitation assistance before departure by
arranging advance appointments with embassy personnel, market briefings,
and other assistance in cities to be visited.
US&FCS posts also cooperate with overseas representatives of individual
states. Almost all 50 states have such representation in overseas
markets, and their efforts are closely coordinated with the resources of
the US&FCS.
OTHER COMMERCE EXPORT SERVICES
Besides ITA, a number of other Department of Commerce agencies offer
export services.
Export Administration
The under secretary for export administration is responsible for U.S.
export controls (see chapter 11). Assistance in complying with export
controls can be obtained directly from local district offices or from
the Exporter Counseling Division within the Bureau of Export
Administration (BXA) Office of Export Licensing in Washington, DC
(202-482-4811). BXA also has four field offices that specialize in
counseling on export controls and regulations: the Western Regional
Office (714-660-0144), the Northern California Branch Office
(408-748-7450), the Portland Branch
Office (503-326-5159), and the Eastern Regional Office (603-834-6300).
Trade Adjustment Assistance
Trade Adjustment Assistance, part of Commerce's Economic Development
Administration, helps firms that have been adversely affected by
imported products to adjust to international competition. Companies
eligible for trade adjustment assistance may receive technical
consulting to upgrade operations such as product engineering, marketing,
information systems, export promotion, and energy management. The
federal government may assume up to 75 percent of the cost of these
services. For more information call 202-482-3373.
Travel and Tourism
The U.S. Travel and Tourism Administration (USTTA) promotes U.S. export
earnings through trade in tourism. USTTA stimulates foreign demand,
helps to remove barriers, increases the number of small and medium-sized
travel businesses participating in the export market, provides timely
data, and forms marketing partnerships with private industry and with
state and local governments.
To maintain its programs in international markets, USTTA has offices in
Toronto, Montreal, Vancouver, Mexico City, Tokyo, London, Paris,
Amsterdam, Milan, Frankfurt, Sydney, and (serving South America) Miami.
Travel development activities in countries without direct USTTA
representation are carried out under the direction of USTTA regional
directors, who cooperate with Visit USA committees composed of
representatives from the U.S. and foreign travel industry in those
countries, and also with the US&FCS. For more information, U.S.
destinations and suppliers of tourism services interested in the
overseas promotion of travel to the United States should call 202-482-0140
Foreign Requirements for U.S. Products and Services
For information about foreign standards and certification systems, write
National Center for Standards and Certificates Information, National
Institute for Standards and Technology (NIST), Administration Building,
A629, Gaithersburg, MD 20899; telephone 301-975-4040, 4038, or 4036.
NIST maintains a General Agreement on Tariffs and Trade (GATT) hotline
(301-975-4041) with a recording that reports on the latest notifications
of proposed foreign regulations that may affect trade. Exporters can
also get information from the nongovernmental American National
Standards Institute (212-354-3300).
Minority Business Development Agency (MBDA)
The MBDA identifies minority business enterprises (MBEs) in selected
industries to increase their awareness of their relative size and
product advantages and to aggressively take them through the advanced
stages of market development.
Through an interagency agreement with the ITA, MBDA provides information
on market and product needs worldwide. MBDA and ITA coordinate MBE
participation in Matchmaker and other trade delegations.
MBDA provides counseling through the Minority Business Development
Center network to help MBEs prepare international marketing plans and
promotional materials and to identify financial resources.
For general export information, the field organizations of both MBDA and
ITA provide information kits and information on local seminars. Contact
Minority Business Development Agency, Office of Program Development,
U.S. Department of Commerce, Washington, DC 20230; telephone
202-482-3237.
Foreign Metric Regulations
The Office of Metric Programs (202-482-0944) provides exporters with
guidance and assistance on matters relating to U.S. transition to the
metric system. It can also give referrals to metric contacts in state
governments.
Fishery Products Exports
The National Oceanic and Atmospheric Administration (NOAA) assists
seafood exporters by facilitating access to foreign markets. NOAA's
National Marine Fisheries Service provides inspection services for
fishery exports and issues official U.S. government certification
attesting to the findings. Contact Office of Trade and Industry
Services, National Marine Fisheries Service, Room 6490, 1335 East-West
Highway, Silver Spring, MD 20910. Telephone numbers are as follows:
Trade Matters, 301-427-2379 or 2383; Export Inspection, 301-427-2355;
and Fisheries Promotion, 301-427-2379.
Bureau of the Census
The Bureau of the Census is the primary source of trade statistics that
break down the quantity and dollar value of U.S. exports and imports by
commodity (product) and country. Commerce district offices can help
retrieve Census export statistics for exporters who want to identify
potential export markets for their products. Firms interested in more
extensive statistical data can contact the Bureau of the Census at
301-763-5140.
Census can also provide authoritative guidance on questions concerning
shippers' export declarations (see chapter 12). Call 301-763-5310.
Department of State
The Department of State has a diverse staff capable of providing U.S.
exporters with trade contacts. These staff members include bureau
commercial coordinators, country desk officers, policy officers in the
functional bureaus (such as the Bureau of Economic and Business
Affairs), and all U.S. embassies and consular posts abroad. While the
Department of Commerce's US&FCS is present in 67 countries, the
Department of State provides commercial services in 84 embassies and
numerous consular posts. Their addresses and telephone numbers are
published in the directory titled Key Officers of Foreign Service Posts,
available from the U.S. Government Printing Office (202-783-3238).
The ambassador takes the lead in promoting U.S. trade and investment
interests in every U.S. embassy. All members of U.S. diplomatic missions
abroad have the following continuing obligations:
-
To ascertain the views of the American business sector on foreign
policy issues that affect its interests, in order to ensure that those
views are fully considered in the development of policy.
-
To seek to ensure that the ground rules for conducting international
trade are fair and nondiscriminatory.
-
To be responsive when U.S. firms seek assistance, providing them
with professional advice and analysis as well as assistance in making
and developing contacts abroad.
-
To vigorously encourage and promote the export of U.S. goods,
services, and agricultural commodities and represent the interests of
U.S. business to foreign governments where appropriate.
- To assist U.S. business in settling investment disputes with
foreign governments amicably and, in cases of expropriation or similar
action, to obtain prompt, adequate, and effective compensation.
Bureau of Economic and Business Affairs
The Bureau of Economic and Business Affairs has primary responsibility
within the Department of State for (1) formulating and implementing
policies regarding foreign economic matters, trade promotion, and
business services of an international nature and (2) coordinating
regional economic policy with other bureaus. The bureau is divided
functionally as follows: Planning and Economic Analysis Staff; Office of
Commercial, Legislative, and Public Affairs; Trade and Commercial
Affairs (including textiles and food policy); International Finance and
Development (including investment and business practices);
Transportation (including aviation and maritime affairs); International
Energy and Resources Policy; and International Trade Controls. For more
information, contact Commercial Coordinator, Bureau of Economic and
Business Affairs; telephone 202-647-1942.
Regional Bureaus
Regional bureaus, each under the direction of an assistant secretary of
state, are responsible for U.S. foreign affairs activities in specific
major regions of the world. Bureau commercial coordinators can be
reached on the following telephone numbers:
- Bureau of African Affairs, 202-647-3503.
- Bureau of East Asian and Pacific Affairs, 202-647-2006.
- Bureau of Near Eastern and South Asian Affairs, 202-647-4835.
- Bureau of European and Canadian Affairs, 202-647-2395.
- Bureau of International Communications and Information Policy, 202-647-5832.
Country desk officers maintain day-to-day contact with overseas
diplomatic posts and provide country-specific economic and political
analysis and commercial counseling to U.S. business.
Cooperation between state and commerce
The Departments of State and Commerce provide many services to U.S.
business jointly. Firms interested in establishing a market for their
products or expanding sales abroad should first seek assistance from
their nearest Department of Commerce district office, which can tap into
the worldwide network of State and Commerce officials serving in U.S.
missions abroad and in Washington.
Small Business Administration
Through its 107 field offices in cities throughout the United States
(see appendix III for addresses and telephone numbers), the U.S. Small
Business Administration (SBA) provides counseling to potential and
current small business exporters. These no-cost services include the
following:
-
Legal advice. Through an arrangement with the Federal Bar
Association (FBA), exporters may receive initial export legal
assistance. Under this program, qualified attorneys from the
International Law Council of the FBA, working through SBA field offices,
provide free initial consultations to small companies on the legal
aspects of exporting.
-
Export training. SBA field offices cosponsor export training
programs with the Department of Commerce, other federal agencies, and
various private sector international trade organizations. These programs
are conducted by experienced international traders.
-
Small Business Institute and small business development centers.
Through the Small Business Institute, advanced business students from
more than 500 colleges and universities provide in-depth, long-term
counseling under faculty supervision to small businesses. Additional
export counseling and assistance are offered through small business
development centers, which are located in some colleges and
universities. Students in these two programs provide technical help by
developing an export marketing feasibility study and analysis for their
client firms.
-
Export counseling. Export counseling services are also furnished to
potential and current small business exporters by executives and
professional consultants. Members of the Service Corps of Retired
Executives, with practical experience in international trade, help small
firms evaluate their export potential and strengthen their domestic
operations by identifying financial, managerial, or technical problems.
These advisers also can help small firms develop and implement basic
export marketing plans, which show where and how to sell goods abroad.
For information on any of the programs funded by SBA, contact the
nearest SBA field office (see appendix III).
Department of Agriculture
The U.S. Department of Agriculture (USDA) export promotion efforts are
centered in the Foreign Agricultural Service (FAS), whose marketing
programs are discussed in chapter 7, Making Contacts.
However, other USDA agencies also offer services to U.S. exporters of agricultural products: the Economic
Research Service, the Office of Transportation, the Animal and Plant
Health Inspection Service, the Food Safety and Inspection Service, and
the Federal Grain Inspection Service. A wide variety of other valuable
programs is offered, such as promotion of U.S. farm products in foreign
markets; services of commodity and marketing specialists in Washington,
D.C.; trade fair exhibits; publications and information services; and
financing programs. For more information on programs contact the
director of the High-Value Product Services Division, Foreign
Agricultural Service, U.S. Department of Agriculture, Washington, DC
20250; telephone 202-447-6343.
State Governments
State economic development agencies, departments of commerce, and other
departments of state governments often provide valuable assistance to
exporters. State export development programs are growing rapidly. In
many areas, county and city economic development agencies also have
export assistance programs. The aid offered by these groups typically
includes the following:
-
Export education helping exporters analyze export potential and
orienting them to export techniques and strategies. This help may take
the form of group seminars or individual counseling sessions.
-
Trade missions organizing trips abroad enabling exporters to call
on potential foreign customers. (For more information on trade missions,
see Making Contacts.)
-
Trade shows organizing and sponsoring exhibitions of
state-produced goods and services in overseas markets.
Appendix III lists the agencies in each state responsible for export
assistance to local firms. Also included are the names of other
government and private organizations, with their telephone numbers and
addresses. Readers interested in the role played by state development
agencies in promoting and supporting exports may also wish to contact
the National Association of State Development Agencies, 444 North
Capitol Street, Suite 611, Washington, DC 20001; telephone 202-624-5411.
To determine if a particular county or city has local export assistance
programs, contact the appropriate economic development agency. Appendix
III includes contact information for several major cities.
Commercial Banks
More than 300 U.S. banks have international banking departments with
specialists familiar with specific foreign countries and various types
of commodities and transactions. These large banks, located in major
U.S. cities, maintain correspondent relationships with smaller banks
throughout the country. Larger banks also maintain correspondent
relationships with banks in most foreign countries or operate their own
overseas branches, providing a direct channel to foreign customers.
International banking specialists are generally well informed about
export matters, even in areas that fall outside the usual limits of
international banking. If they are unable to provide direct guidance or
assistance, they may be able to refer inquirers to other specialists who
can. Banks frequently provide consultation and guidance free of charge
to their clients, since they derive income primarily from loans to the
exporter and from fees for special services. Many banks also have
publications available to help exporters. These materials often cover
particular countries and their business practices and can be a valuable
tool for initial familiarization with foreign industry. Finally, large
banks frequently conduct seminars and workshops on letters of credit,
documentary collections, and other banking subjects of concern to
exporters.
Among the many services a commercial bank may perform for its clients
are the following:
-
Exchange of currencies.
-
Assistance in financing exports.
-
Collection of foreign invoices, drafts, letters of credit, and other foreign receivables.
-
Transfer of funds to other countries.
-
Letters of introduction and letters of credit for travelers.
-
Credit information on potential representatives or buyers overseas.
-
Credit assistance to the exporter's foreign buyers.
Export Intermediaries
Export intermediaries are of many different types, ranging from giant
international companies, many foreign owned, to highly specialized,
small operations. They provide a multitude of services, such as
performing market research, appointing overseas distributors or
commission representatives, exhibiting a client's products at
international trade shows, advertising, shipping, and arranging
documentation. In short, the intermediary can often take full
responsibility for the export end of the business, relieving the
manufacturer of all the details except filling orders.
Intermediaries may work simultaneously for a number of exporters on the
basis of commissions, salary, or retainer plus commission. Some take
title to the goods they handle, buying and selling in their own right.
Products of a trading company's clients are often related, although the
items usually are noncompetitive. One advantage of using an intermediary
is that it can immediately make available marketing resources that a
smaller firm would need years to develop on its own. Many export
intermediaries also finance sales and extend credit, facilitating prompt
payment to the exporter. For more information on using export
intermediaries see Methods of Exporting and Channels of Distribution.
World Trade Centers and International Trade Clubs
Local or regional world trade centers and international trade clubs are
composed of area business people who represent firms engaged in
international trade and shipping, banks, forwarders, customs brokers,
government agencies, and other service organizations involved in world
trade. These organizations conduct educational programs on international
business and organize promotional events to stimulate interest in world
trade. Some 80 world trade centers or affiliated associations are
located in major trading cities throughout the world.
By participating in a local association, a company can receive valuable
and timely advice on world markets and opportunities from business
people who are already knowledgeable on virtually any facet of
international business. Another important advantage of membership in a
local world trade club is the availability of benefits such as
services, discounts, and contacts in affiliated clubs from foreign
countries.
Chambers of Commerce and Trade Associations
Many local chambers of commerce and major trade associations in the
United States provide sophisticated and extensive services for members
interested in exporting. Among these services are the following:
-
Conducting export seminars, workshops, and roundtables.
-
Providing certificates of origin.
-
Developing trade promotion programs, including overseas missions,
mailings, and event planning.
-
Organizing U.S. pavilions in foreign trade shows.
-
Providing contacts with foreign companies and distributors.
-
Relaying export sales leads and other opportunities to members.
-
Organizing transportation routings and shipment consolidations.
-
Hosting visiting trade missions from other countries.
-
Conducting international activities at domestic trade shows.
In addition, some industry associations can supply detailed information
on market demand for products in selected countries or refer members to
export management companies. Most trade associations play an active role
in lobbying for U.S. trade policies beneficial to their industries.
Industry trade associations typically collect and maintain files on
international trade news and trends affecting manufacturers. Often they
publish articles and newsletters that include government research.
American Chambers of Commerce Abroad
A valuable and reliable source of market information in any foreign
country is the local chapter of the American chamber of commerce. These
organizations are knowledgeable about local trade opportunities, actual
and potential competition, periods of maximum trade activity, and
similar considerations.
American chambers of commerce abroad usually handle inquiries from any
U.S. business. Detailed service, however, is ordinarily provided free of
charge only for members of affiliated organizations. Some chambers have
a set schedule of charges for services rendered to nonmembers. For
contact information on American chambers in major foreign markets, see
appendix IV.
International Trade Consultants and Other Advisers
International trade consultants can advise and assist a manufacturer on
all aspects of foreign marketing. Trade consultants do not normally deal
specifically with one product, although they may advise on product
adaptation to a foreign market. They research domestic and foreign
regulations and also assess commercial and political risk. They conduct
foreign market research and establish contacts with foreign government
agencies and other necessary resources, such as advertising companies,
product service facilities, and local attorneys.
These consultants can locate and qualify foreign joint venture partners
as well as conduct feasibility studies for the sale of manufacturing
rights, the location and construction of manufacturing facilities, and
the establishment of foreign branches. After sales agreements are
completed, trade consultants can also ensure that follow-through is
smooth and that any problems that arise are dealt with effectively.
Trade consultants usually specialize by subject matter and by global
area or country. For example, firms may specialize in high-technology
exports to the Far East. Their consultants can advise on which agents or
distributors are likely to be successful, what kinds of promotion are
needed, who the competitors are, and how to deal with them. They are
also knowledgeable about foreign government regulations, contract laws,
and taxation. Some firms may be more specialized than others; for
example, some may be thoroughly knowledgeable on legal aspects and
taxation and less knowledgeable on marketing strategies.
Many large accounting firms, law firms, and specialized marketing firms
provide international trade consulting services. When selecting a
consulting firm, the exporter should pay particular attention to the
experience and knowledge of the consultant who is in charge of its
project. To find an appropriate firm, advice should be sought from other
exporters and some of the other resources listed in this chapter, such
as the Department of Commerce district office or local chamber of
commerce.
Consultants are of greatest value to a firm that knows exactly what it
wants. For this reason, and because private consultants are expensive,
it pays to take full advantage of publicly funded sources of advice
before hiring a consultant.
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