Increase Profit by Exporting - Easier than You Think

Increase Profits by Export – Easier than you think!
Remember the easy CVP Calculation posted yesterday?

Profit = (Sales – Variable Expenses) – Fixed Expenses

One obvious way to increase profit is to increase sales. But how do you increase sales in this economic environment?

One not so obvious way to increase sales is to find a new market – new customers – over seas! Or just across the border. The value of the dollar has declined which means great deals on our products for our distant neighbors.

About.com points out this very concept:
When the dollar declines, it makes U.S. produced goods cheaper and more competitive when compared to foreign produced goods. By Kimberly Amadeo(http://useconomy.about.com/od/tradepolicy/p/Dollar_Value.htm)

There are even government organizations who want us to export so bad that they will hold your hand through the entire process – even help you find customers in a different country:

Importing and exporting goods is a great way to expand your business and take part in the global economy. In fact, companies that do business internationally grow faster and fail less often than companies that don't. (http://www.business.gov/expand/import-export/)

Leverage the expertise, resources and connections of the U.S. Government to find and establish business relationships with potential agents, distributors or other strategic partners overseas. (http://www.export.gov/)

Follow the gov’t links for more info and help on exporting – good luck!

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