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NAVIGATION

October 16, 2017

Beyond Basics

Expand Your Footprint

Expansion Planning • Government Contracting • Exporting

| 4/21/2017

Exporting

Have you considered broadening your company’s reach to include international markets? Does your product or service lend itself to export? If you answered “yes” to either question, your geographic positioning could not be more ideal.

Florida is home to more than 61,000 exporters — the second highest number in the United States — and nearly all of them are small- and medium-sized businesses with fewer than 500 employees.

Florida boasts a multimodal system that ensures people and products move seamlessly between any two points on the planet. Moreover, Florida businesses enjoy access to the nation’s second largest Foreign Trade Zone (FTZ) network, where value can be added to foreign goods tariff free before shipping them on to another country.

Do you find the idea of expanding into international markets an appealing growth strategy for your business but aren’t certain how to make it happen? Read on for information about exporting programs, resources and one-on-one counseling available from:

Enterprise Florida

For companies seeking to enter or expand into the international marketplace, Enterprise Florida offers these programs/services:

Free evaluation of a company’s market readiness plus suggested target markets and introduction to EFI’s international offices.

Opportunities to showcase your products and services and meet one-on-one with potential customers worldwide.

Available from EFI’s international offices to companies that have registered through their local trade office. See the list of EFI local trade offices and regions served.

Available to eligible small- and medium-sized companies for the purpose of generating/increasing export sales overseas by providing infrequent exporters with opportunities to meet with pre-screened, interested buyers, agents, importers and representatives.

Workshops, seminars and conferences on export fundamentals throughout the state on topics such as researching markets, developing an export strategy and logistics.

Florida SBDC Network

Through a partnership with Enterprise Florida and the U.S. Commercial Service, Florida SBDC International Trade Specialists prepare Export Marketing Plans for qualifying Florida-based manufacturers and service providers. Specialists spend approximately 100 hours on each plan, creating a customized report with target market recommendations, overseas trade opportunities and an action plan for market entry. The cost to prepare an Export Marketing Plan is $4,000. Qualifying companies are eligible for a $3,500 scholarship, making the cost to your company $500.

U.S. Commercial Service

As the federal government’s lead trade promotion agency, the U.S. Commercial Service has trade professionals in six Florida offices to help companies get started in exporting or increase sales to new global markets by identifying and evaluating international partners, creating market-entry strategies and navigating documentation challenges. For information on regulations and licensing, free trade agreements and other topics related to exporting, visit www.export.gov.

 

Stay Informed

Sign up for Enterprise Florida’s biweekly “International Trade Events” newsletter containing news about international trade events around the state and overseas at www.enterpriseflorida.com/trade-events-newsletter-sign-up.

Tags: Florida Small Business, Beyond Basics

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