University of Miami Entrepreneurship Idea Discussion

User Generated

Rabgvx1234

Humanities

Description

Submit your entrepreneurship idea to start your own exporting business for instructor approval.

Imagine if you are:

You just graduated from univercity with a major in International Business. You have started looking for jobs in the area, but so far, you have not had any luck. An entrepreneur at heart, you are considering the opportunity to start your own international trade business. Besides, you think to yourself that Florida’s location makes it a good place to venture in this area, and your grandparents just gave you the news of a $100,000 graduation gift to be given to you with the condition that it be used to cement your business career. They are willing to give you even more money if you can show them a sound business plan. You are excited about this opportunity to strike on your own and are ready to work on the plan right away. After looking at the various foreign market entry approaches you decide to start your own exporting business.

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Explanation & Answer

Attached.

Running head: EXPORT MERCHANT

1

Export Merchant
Name
Institution Affiliation
Date

EXPORT MERCHANT

2
Export Merchant

My business idea is to specialize as an export merchant. As an export merchant, I will
purchase goods from foreign manufacturers and package the products and resale them under
my brand (Allan, 2020). This business model is international, and I will take all the risk which...


Anonymous
Really useful study material!

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