\nIf youâ€™re thinking about to start export and import company in Dominican Republic then, be aware and realistic.
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Import and export companies are everywhere, they deal as wholesale distributors, as independent buyers and retailers, buying goods in one country and selling them in another.
The success of your import and export business depends on your capacity that how correctly you set up the business and keeping the buy and sell guidelines of your country and the countries that you plan to trade in or export goods for profit.
Create a business plan
Your Import export business plan should include competitor and your business information, with what part of the market you are targeting, key competitors and what differentiates you from them.
Confirm with your bank about getting a Letter of Credit for trading globally.