Friday, 9 March 2018

AN EXPORT TRADE CONSULTANT ADVISES EXPORTERS ON THE IMPORTANCE OF DOCUMENTATION AND MENTORSHIP

At the backdrop of rising export value in Nigeria’s foreign trade statistics, a leading export consultant, Godwin Oyefeso, has advised Nigerian entrepreneurs who want to go into export to have documentation first, to legitimise the transactions.

He stated: “Anybody going into export must be fully registered, they must have export license, they must have a domiciliary account in the name of their company, and they should be able to have an effective email and an internet connection.

“Secondly, they should know the kind of product they want to do; they must get a buyer for the product, know the specification, the market is wide and a lot of people are looking for the products. So, basically you have to know what you need to do, and once you know what to do getting buyers will not be difficult.”

Oyefeso, who is the Chief Executive of Success Edge International, organises training to support exporters regularly and he harped on mitigation of risks associated with export business.   According to him, “Fear of loss of money comes when you don’t do the right thing, when you do the right thing at the right time you don’t need to fear. We have a lot of government policies that backs the issue of export, there is what we call Cargo Defence Council, if you have a business and they don’t pay you they just go to Cargo Defence Council, once you have your documentation anywhere in the world they will sort it out for you.”

On the role consultants in enhancing Nigeria’s exports, Oyefeso stated: “We advise people when they are going into export business not do it alone. They should have mentors and consultants. That is important so that when there are issues, they will guide you on step-by-step on what to do, don’t just rush into the sector, though there are a lot of money in the business.

“Nigeria has a lot of products that are exportable. Nigeria is regarded as the 38 biggest exporter in the world with a lot of commodities, over 117 items, to 95 countries all over the world. So the market is big, the market is there. The thing that we need to do is to put the right things in the right direction, so there will be no issues.

“Once that is done, there is no fear in export, once you do what is right you get the right result. Patience is also very important, you need to be patience because export is not MMM. From what you hear people talked about while they go into export, you will know the sector is very okay.” (Vanguard)

Have you heard this? Many Nigerian exporters have been defrauded of huge amount of money in the process of exporting commodities to foreign countries. Do you know why? They were not trained on export operations, management, documentations and the best methods of payment in export trade. This is terrible!!! Nigerians cannot continue to lose money to foreigners in the course of export business. Exporters, why don’t you get a practical manual that teaches the stages of export trade from processing and packaging of commodities to receipt of payment by the foreign buyers. It teaches export operations, export management, export documentations and methods of payment in export trade? It is a contemporary step-by-step guide to export trade. It tells all the contemporary dynamics in export trade. To get it, click on the link below:

Hmmm!!! Folks, have you ever imagined how the financial status of your firm will be when more than 20,000 CEOs and other key decision makers of blue-chip corporations pay for your products and services or even give you very juicy deals. The link below will tell you more: http://www.tectono-business.com/2015/07/tectono-business-review-in-conjunction_21.html