Re: Exporting

In a message dated 8/27/02 7:54:13 AM, BELLONSALE@aol.com writes:

<< Thank you, John. I have gone back and reread that chapter over and over. I
guess we made the mistake of telling them we were exporting the product. Our
banker tells us that the government will help us with financing 90% of the
cost of the product (loan guarantee) if we have ever exported before.

***I strongly advise against using any gov't assistance whatsoever... for
three reasons... first, it is unnecessary; if the deal is worthwhile the
importer overseas, your customer, will arrange all necessary financing.
Second, it harms the USA economy; in essence, the government is charging off
the bad credit decisions of USA exporters to the taxpayers... if and when
these shakey deals fall apart, moms are forced to work to pay the taxes
necessary to cover these losses. Third, the time energy and creativity spent
complying with govt rules crowds out any time energy and creativity doing
what is really needed.

To my mind small business international trade ought to have no direct contact
of any sort with government... we even keep customsbrokers between us and the
us customs service.

John


We have
so I guess the next time we will just buy the product and not tell them where
it is headed. I don't understand why they ever gave us pricing when they did
not intend to sell overseas. We had the order which, of course, we lost.
Thank you for your help. Louise >>

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