Export

There are plenty of opportunities for your business to grow beyond the borders of Canada; the rewards can be great, but exporting is not without risks.

• Infographic—International expansion 4 reasons to go international
• 5 tips to successfully export your services
• Global business: Why you need to look beyond Canada and expand internationally
• Blog—Five reasons why Canadian small businesses should expand internationally
• Is my business ready to export?

An export plan will help you to evaluate the risk and potential benefits to your business, while outlining the path that will enable you to reach your goals.

• Blog—How to update your export plan for the USMCA
• 3 essential steps for entering a foreign market
• 7 key questions your export plan should answer
• CETA: What does the Canada-EU trade deal mean for your business?

Identifying and selecting the right market may be the most important decision you’ll have to make as part of your export strategy.

• Exporting to the U.S.—frequently asked questions
• 7 effective ways to enter emerging markets
• 5 essential steps for a successful U.S. expansion

Changes in technology and the way business is done mean that small businesses now have the capacity to compete in the global marketplace.

• How to start exporting with online marketplaces

For you to be successful abroad, it takes in-depth market research and a marketing plan that is sensitive to the foreign market’s culture and customs.

• Tips on marketing your exports abroad
• Marketing your exports: How to use social media
• Learn how an entrepreneur succeeded in the U.S. market
• 3 trends that will impact exports in 2021

By this stage, you have arrived at your final decision. Now it’s time to develop your plan of attack—your market entry strategy.

• How to do business in China: 6 tips exporters need to know
• Export distributor or commercial agent: Three tips for finding good partners
• 3 common risks to guard against when exporting
• 5 steps to create a winning market entry strategy

Although shipping internationally can be complicated, making sure that you are familiar with the various regulatory requirements can make for a much smoother process.

• Shipping your exports—3 key considerations

Lenders prefer sound facts and pictures, so back up your information with a strong financial plan, particularly in areas such as export financing.

• Options and credit practices in export financing
• Coping with a fluctuating Canadian dollar
• What is a letter of credit?

High-speed connectivity, user-friendly software and easy transportation have reduced the barriers to finding and selling to foreign customers via the Internet.

• Online exporting: 5 steps to get your business ready