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Presented By Mark Wine Business Development & Trade Specialist State of Missouri DED-BS

Presented By Mark Wine Business Development & Trade Specialist State of Missouri DED-BS 301 West High St. Rm 720 Jefferson City, MO 65102 Ph: 573-522-6524 Fax: 573-526-1567 e-mail: mark.wine@ded.mo.gov. Investment Expectations &. Export Readiness.

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Presented By Mark Wine Business Development & Trade Specialist State of Missouri DED-BS

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  1. Presented By Mark Wine Business Development & Trade Specialist State of Missouri DED-BS 301 West High St. Rm 720 Jefferson City, MO 65102 Ph: 573-522-6524 Fax: 573-526-1567 e-mail: mark.wine@ded.mo.gov

  2. Investment Expectations & Export Readiness

  3. Investor Expectations: • Rapid Growth Potential • Active Participation in Management • Distinctive Element or Product • Competitive Advantage • Strong and Detailed Business Plan • Reasonable Expectations for Return on Investment

  4. A Professional Business Plan is ESSENTIAL • Description of Product/Service • Proposed Amount of Financing • Description of Market Segment • Past 3 Years Financial Statements • Current Interim Financial Statements • 2-3 Year Projected Financials • Monthly Cash Flow Projections • Current Personal Financial Statements • Key Management Profiles and Strengths

  5. Primary Causes for Rejection • Inexperienced or Unqualified Management • Weak Product or Service • Lack of Sufficient Return on Investment • Inaccurate, Incomplete or Fraudulent Financials • Poorly documented or Incomplete Business Plans

  6. Commitment To Contracts & Agreements • Delivery When Promised • Purchases & Sales as Agreed • Quality • Consistency • Quantity • Pricing Stability • Protection of IP and Patent Rights

  7. REPUTATION & PERFORMANCE = RELATIONSHIP • Integrity • Reliability • Transparency • Honor • Good Name

  8. Management Issues Involved in the Export Decision • Management Objectives • Experience • Management and Personnel • Production Capacity • Financial Capacity • A Business & Export Plan Based on Realistic Factors & Projections

  9. Communications Communications Communications

  10. Resource Web-Sites For Business Plans • www.bplans.com Export Plan Development • www.export.gov/exportbasics International Trade Information Resources • www.fita.org

  11. London, England Taipei, Taiwan Missouri’s Global Representation Seoul, Korea Jefferson City, Missouri, USA OIM Headquarters Tokyo, Japan Mainz, Germany Accra, Ghana Monterrey, Mexico Guadalajara, Mexico

  12. October 12 Start of Registration of Food Facilities under the Bioterrorism Act of 2002 In response to increased security threats post-September 11, 2001, the US Congress passed the Public Health Security and Bioterrorism Preparedness and Response Act of 2002 (the Bioterrorism Act), which President Bush signed into law June 12, 2002.  Under this act all domestic and foreign food facilities that manufacture, process, pack or hold food for human or animal consumption in the U.S. will be required to register with the U.S. Food and Drug Administration by December 12, 2003.  There is no registration fee but failure to register could result in civil or criminal action.  If foreign facilities fail to register and also attempt to import food into the U.S., the Bioterrorism act requires that the food be detained at the cost of the private parties involved (i.e. the owner, purchaser, importer, or receiver of the food).  Registration began on October 12, 2003.Registration may be electronic, via the Internet, or by paper through surface mail.  However the FDA strongly recommends electronic registration because registering facilities will receive confirmation of electronic registration and a registration number instantaneously.  Registration by mail may take several weeks to several months.  On October 12, 2003 the FDA will publish a final registration rule and launch an electronic registration system.  Registration is the first in a series of measures to increase security of U.S. food imports.  Subsequent measures will include regulations for the establishment and maintenance of records and prior notice of imported food shipments.  For additional information on the Bioterrorism Act and a sample registration form please visit: www.fda.gov

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