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If you have lost a job or are looking to increase your pre-retirement income than this article is for you.

Below is scenario for conducting International trade deals from home with a computer, a phone or internet connection and a lot of hard work.

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1. Find an importer who is interested in buying a product. You can find buyers on online trade lists, business directories, b2b trade forums and other websites.

Links to some importers and exporters can be found here : http://www.capitalistinternational.org/ImportExport.html and Here : http://www.capitalistinternational.org/exportlinks.html

2. Identify a source of supply, either U.S. or foreign, for the product the importer is seeking to buy. Most libraries will have directories of manufacturers listing their specific products. Foreign Embassies may also be able to assist you with trade information. Check online for trade lists, search engines, etc. You can also write for samples of overseas trade directories of foreign suppliers.

Be certain to ask potential contacts of products if they are the direct sellers. It is vital that you deal with direct providers of a product or service and not a resellers or trading company's. Sometime finding a direct source is difficult, especially if you cannot afford to travel. Be prepared to make lots of contacts, send lots of emails and make lots of calls to weed out of all the sources & the companies you can work with from those you cannot. Make an effort to find a direct source when ever possible, it will lessen the risk of deals falling apart because middle men wish to become stingy over commissions. The fewer egos in the way...the better



3. Ask the seller of the product for a firm price quotation for the exact product that is being sought. Make sure the quote is in total accordance with the quotation request from the foreign or domestic buyer.

4. Prepare your price quotation on your printed letterhead to send to the potential buyer. Add a commission of 5% to 15% to the prices that were originally quoted to you. Inform the buyer to issue an irrevocable letter of credit (LOC) if he accepts your price quotation.

If you are quoting from a foreign supplier to sell to a foreign buyer, request the buyer issue a irrevocable (Transferable or assignable) LOC. This allows you to keep your commission and assign or transfer the remainder to the supplier once the specifications within the LOC have been met.

5. It is best to arrange deals with a top 25 World bank that works with international LOC's prior to sending your quotation. Most serious clients you will get will already know this. If the Client trusts you, you should receive the LOC prior to making the arrangements, take it to the bank and they will assist you. Ask them to issue a back-to-back LOC to cover your purchase of the items you plan to buy on behalf of your buyer. Here again you may use the assignable or transferable aspects of these particular types of LOC's. You may also use a international freight forwarder in regards to the international LOC in addition to having them handle all the details associated with the shipping of the products to your buyer.

6. Present your letter of credit to the seller, once they have met the specifications of the LOC to the letter, they will be paid for the goods and the international freight forwarder will ship the goods.

Following the steps listed above, you have arranged an import export transaction without any investment or taking possession of any products.

Ghosting or export brokering, while ethical and legal, is is often more complex than what is stated above.
That said, there are many things that can go wrong in this type of "ideal" scenario.

1. The buyer may not want to issue a transferable LC simply because they lack trust in you. In which case you will need to establish this trust with your client over the long term, something which could take month or even years.

2. The Seller may want a revolving LC or some other mode of payment which undermines the method state here, so again, you will have to consider to possibility to your first deal being the result of patience and long term planning.

3. Many brokers will pretend to be the "buyer" and wind up wasting your time, so you will need to ask the contact if they are the actual buyer or not and not just take it for granted that they are.

Most people earn their pay check by trading their time for money and because of this arrangement their income is temporary. Trade Brokers are paid royalties and commissions and continue to get paid for years for their one-time effort. You can earn 1000's on a single deal! This business opportunity is valid world wide and can be operated from any country.

Learn more at : http://www.capitalistinternational.org/exportvideo.html

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