Question: hi..
my name is krishna.i would like to know some information about to start a new buisiness. present i am doing my post graduation in england.i am interested in doing export/import buisiness.can plz suggest me about which products can be best selled in england from india also other than this a good buisiness advice.
thank you.

By KRISHNA on Sun 11-May-2008 09:43 PM

Answer: Hi Krishna,
As a start, I want to congratulate you of being so business like. To start a business is something that you must take care of, because as long as you start well then you will proliferate quickly.

First you mentioned that you are in England for study and that gives you a very good opportunity to have a contact with people and to know what they need and what they love so you can know what they are in short of and start to import it, of coarse because you know your own country then you know if the price difference will make you a profit or not.

Whenever you settle for the first product that you are going to get from india to England then you have to start a market research to know who are willing to take it from you, for how much they accept to buy it from you, how many pieces they can take per a specific period of time, for how long they will keep taking this item for you and weather they can write down a contract with you or not. Then you have to know the regulation needed to get this item and how much this cost does. Finally calculate the time needed and then you can start.

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