You should be having a good grasp of the term “exchange rate” before you start importing or exporting goods from other countries. This information is needed when deciding the prices to save your business from a drastic cut down in profits, if the exchange rate changes suddenly.

Inventory management can have a significant effect on your profits. In this article, we will talk about some major areas of inventory management for manufacturers and wholesale suppliers.

There are more then 17000 ISO standards published so far by International Standard Organization. However, you don’t need to obtain that many ISO certifications. If your business is of import & export or wholesale, you need to acquire ISO 9001 which deals with quality management.

With China progressing fast to become the leading exporter all over the globe, there are still some issues which need to be addressed before you start importing from China. These issues are discussed briefly in this article.

Good Customer support service is very important especially in online businesses. Disregarding it can prove to be fatal for your business. Keep on reading for various options available for online customer support.

Like any other business, market research is a must for dropshipping businesses. Careful planning and decision making by someone who is well equipped of information, is critical for a business success. This article is a short guide on how to do a simple market research for dropshipping business.

Entrepreneurs are more than business starters; they are actually the originator of businesses. Entrepreneurship is all about taking risks and defying the odds to achieve business success.