Blog

How can I minimize the risk of losing money on my first export order?

This document presents a simple checklist of the most common reasons for losses on initial export orders (incomplete cost accounting, currency risk, payment insecurity) and concrete steps to mitigate them. It emphasizes the importance of test orders and contract clarity.

Should you choose an uncertified supplier offering a low MOQ or a certified supplier requiring a high MOQ?

The book explains, using a simple decision tree, why a low MOQ doesn't offset the risk when certification is a legal requirement, and how to make decisions based on cash flow and demand uncertainty when it's not. It also offers intermediate solutions for MOQ negotiation.

Should I work with a customs broker and a logistics company separately, or with a single service provider?

This document compares whether to work with customs brokers and logistics companies separately or with a single integrated provider, based on product complexity, transaction volume, and budget criteria. It concretely outlines the advantages and disadvantages of both approaches.

Which is safer for your first export: Letter of Credit or Cash Payment?

This book explains which payment method, letter of credit or cash payment, is preferable in initial export transactions, outlining decision criteria based on trust level and transaction amount. It also considers intermediate solutions such as partial payment.

Opportunities in Foreign Trade for Women Entrepreneurs

This book addresses the challenges faced by women entrepreneurs in foreign trade and the flexible working opportunities offered by digital platforms. It also provides practical suggestions for transitioning to a freelance foreign trade expertise.

Why do SMEs in Anatolia need a Foreign Trade Specialist?

This book examines the geographical reach and expertise-finding challenges faced by SMEs in Anatolia in foreign trade, alongside their strengths (production infrastructure, niche specialization). It explains, with concrete examples, how digital platforms reduce this geographical inequality.

A Guide to Finding Reliable Suppliers for Importing Companies

This document lists the criteria importing companies should check when selecting suppliers (company registration, references, production capacity, certifications) and the steps to take for a secure process. It also explains common mistakes and the supplier search process through GoTradeGo.

The First Step to Exporting for SMEs: Where to Begin?

This document summarizes the 7-step process (market research, legal preparation, HS code, pricing, finding buyers, payment, logistics) that an SME starting to export should follow. It also addresses common challenges faced by SMEs and ways to overcome them.

What is a Proforma Invoice and How is it Prepared?

This document explains the purpose of a proforma invoice and compares it to a commercial invoice using a comparative table. It lists the essential information that a proforma invoice should include (HS code, Incoterms, payment terms).