Business of chemical import and export

BUSINESS OF CHEMICAL IMPORT AND EXPORT : CHEMICAL TRADINGTradeasia International Pte Ltd

STEPS TO "START A CHEMICAL TRADING BUSINESS"▪ Make a table with two columns titled “What you need?” and “What

you know about it?”

▪ Simultaneously list down the trend of the chemical business and how your ideas are different and more efficient from it.

▪ Select your product line and stay focused. Never get swayed by the intricacy of the business.

▪ While focusing on specific product line you should also think about how to expand the business. Do forecasting and think about future, plan your long term and short term goals.

▪ Gather data as a much as possible, at any situation the data gathered by you quantifies the quality of the decision you made in past.

▪ Now collect the list of possible chemical suppliers or chemical distributors who trade or manufacture and also ships the cargo internationally. It is very important to have a background check before noting the company down in your list

▪ Follow the list of possible clients which is only going to fetch you revenue, so selecting the chemical suppliers and industrial customer will be an important phase.

▪ Once your list of contacts is ready, you have to start selling your business, which we call the ‘first transaction’.

▪ Chemical trading business is always a two way process, you have to sell your experience, qualification and you uniqueness in the market and it return you should get customers too.

▪ Starting a chemical trading business is a competitive field. You should expect some failure, like in getting an agreement, gambling risks in every day deals etc.

▪ Always create a strong relationship with both the chemical suppliers and customers.

▪ Because suppliers expect you to sell the products in markets and buyers expect you to deliver on time what they need.