How to Import & How to Find an Offshore Factory C0255

Tuesday September 10, 2019

Interested in working with product sourced from Asia? This workshop will address the following questions:

• Should I produce my product here in the USA or overseas?
• Which countries should I consider?
• How can I find a manufacturer – factory?
• Do I know the right questions to ask?

Get the answers to these questions and many more, such as:

• Why manufacture abroad?
• What is currently happening in Asia?
• Countries to consider
• Ways to find a factory in Asia
• Email and on-line sites to use
• Understanding the role of a broker
• Using international trade shows
• How to narrow down the options
• Choosing the right factory for you
• Price is just one of the reasons to go abroad
• Understanding currency issues and the cost of money
• Making a prototype
• Requests for quote (RFQ)
• Packaging issues
• Quality Control issues
• Using Letters of Credit for payment
• Understanding manufacturing and shipping time schedules
• Container sizes
• Getting the right insurance
• Legal issues including clearing customs

Presented by Bill Gootnick:

Bill Gootnick, formerly VP of Operations of Applause where he helped grow the company from $7 mil to $140 mil in BTC Sales. As a serial entrepreneur Bill started, grew and sold 4 businesses, including one he started in his garage with his son that grew to 360 employees, 11,000 active BTB accounts and a 22% bottom line profit.