Export Business Plan Layout
Choosing any product or services to create your own business for exporting, is can be any country export to other country, the product or services should not be something that already appeared or established market in the target market, this is a outline of your export business plan. Bellow is the example and the structure of this outline paper, you don't have to explain everything.
BUSINESS PLAN FORMAT BREAKDOWN
1.0 Typle of Business
2 Businesses (as terms of importing there is three options)
i. Import Company
a. Handbags India
b. Seafood Italy
c. Beer Ecuador
ii. Customs Broker
Intermediary -Importer
-Documents
-Manage Customs Entry
- Procure Cargo Insurance
- Pay Duties on behalf importer
iii. Import Consulting Firm
-Range of Service
2.0 Legal Structure (ways you can set up your business)
2.1 Sole proprietor (doesn’t have limited liability)
2.2 Partnership (General partnership or limited partnership)
2.2.1 General
2.2.2 Limited (silent partner; involved with money bit not a part of decision making.)
2.2.3 Limited Liability Company (only can sue the company not owners)
2.2.4 Corporation
2.2.4.1 Limited Liability; could shares to public)
2.2.4.2 Taxes- (Income, Dividends)
2.2.4.3 AGM (Annual General Meeting)—Elect Director
2.2.4.4 Typical Corporation Structure
-Board of Directors (sets policy and leaders)
-CEO (sets policy and leaders)
-Global head of Marketing/ Global head of Finance/Global head of HR
(Marketing- most important dept in a business dept because they generate sales.)
2.2.4.5 S corporations
-auspices I.R.S -allows you access to favorable tax benefits
3.0 Financial Strategies
Finance starts, operate, and grow
3.1.1 Debt Financing
3.1.1.1 ***Borrow from bank-goes to JP Morgan Chase ask to borrow 20M, charge int. rate of 5% and pay back in 20 years)
Central bank (Federal Reserve Bank) controls and is responsible for interest rate and responsible for monetary policy (money supplies, money supply policy and Exchange rates)
Exchange Rate is a part of Treasury Department (2008 very important since)
The Treasury Department is a federal department with responsibility for the $$$ also prints money
They’ve printed money since 2008 during the financial crisis.
U.s is wealthiest because they have Access to capital.
When banks was saying they were lowering int rates they called it the Federal Fund Rate
***Federal Fund Rate is set by the Federal Reserve Bank and is the B2B rate which is set from1.5 to 1.75%
***Federal Fund Rate Bank to Bank (B2B)
Citibank from Chase
Discount Rate Federal to Bank (F2B) the rate in which banks borrow from fed res. 2.25%
Citibank Borrowing from the FED
***Prime Rate Business to Customer (B2C) Rate 4.75
In 2008 the rate was 0-.25%
Today 1.5
Equity- I.P.O
Who finances startup businesses? Venture Capitalist
3.1.1.2 Sell bonds: long term form of financing
3.1.1.2.1.1 Apple sold 10B worth of bond with a 5% interest over 30 years
Global investors are purchasing these bonds
Treasury Bonds: U.S T. Bonds s
When you sell bonds, you are creating a debt and you’re repaying over a long period of time. Gov also use debt financing as a strategy buy borrowing
Export Plan Outline
Your Name
Subject and Section
Professor’s Name
April 7, 2020
1 Business Overview
1 Type of Business: Importing Business (Filipino Delicacies to the United States)
...
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