Canada was founded by trading houses: Throughout history, it was not the manufacturers of the goods that conducted trade beyond the city-state, but the trader. But, in this day and age, would it be a logical step to use the services of a Canadian trading house? For some manufacturers the answer is yes. Trading houses can offer both new and experienced exporters access to markets beyond their present management capabilities.
For the new exporter, trading house wanting to increase risk, trading houses can greatly increase profit potential. It can do so without the inherent risks of entering foreign markets. Trading houses can also assist the trading house company to reach non-traditional markets. The trader knows all the subtleties of international trade. It is not a sometime activity to be engaged in only when there is a glut in the inventory.
The trader knows the local language, local rules and regulations, how to move the goods into and through trading house market. The trader can trading house cost efficient in a particular market area by carrying a number of similar goods for a number of manufacturers. The costs are spread among the goods. A Canadian trading house is a company with one or more specialist traders and it is an established company operating under Canadian law. The range of services rather than size is the determining factor.
A trading house house must have sound management, international communications, and trade support services either in-house or readily available. It needs selectivity in goods handled and markets trading house, and in representing specific lines trading house needs a close relationship with the manufacturer.
It could act as the export department of a manufacturer covering trading house his merchandise, or only one or two items, into specific overseas markets. Canadian trading houses can operate in different ways. The simplest way is to be the agent. As such the trader is a go-between, usually in complex, high-value projects. That means the trader knows all the right people, from the government ministries to the customs and shipping regulatory persons.
Frequently, the agent can handle most of the technical aspects of the item. This involves negotiating and handling logistics of commercial business and shipping. In this instance, the agent does not take possession of the goods. It follows that the manufacturer is responsible for the goods and trading house payment procedures. The trader will receive the commission once the goods are shipped. The other basic function is that of merchant.
As a merchant, the trading house will purchase goods at export prices from the manufacturer and take responsibility for shipping and payment of the international receivable. The trading house will place an order against a firm order from overseas while the manufacturer has a domestic receivable. The trading house needs special export prices to make this feasible. This trading house trader trading house not be confused with the trader who performs liquidations. This trader has a trusting relationship with the producer that is reciprocated.
The trader knows overseas markets, speaks the languages and above all this trader has contacts and knowledge. The process for finding the right trading house involves the same techniques as the search for a corporate lawyer or accountant. It is a matter of talking to the candidates. Getting to trading house both the candidate and the operation means visiting the offices and asking for a brief proposal.
The choice should be based on the criteria outlined above. Ask for references, both normal domestic trade references trading house overseas. The trader who promises to sell any item in any market should get specially close scrutiny. You must decide what is the right trading house to trading house goods in the target markets. One trader may be skilled at handling specific merchandise in specific markets. Another could specialize with one item trading house one market.
Several traders may have strengths in moving different merchandise in different markets. Any combination that works is the best choice for trading house manufacturer. Recommendations are sure to follow.
Home About Trading Houses Contact us. International Trade Branch, Ontario Government www.
Only by realization of inventions in form of products and solutions an innovation can create economic value. An innovation has a subjective utility and value for a possible buyer or licensee, which is usually difficult to prove or represent. Are we dealing with a solution to a problem? Or is a solution trading house for a problem? And why has it not been solved yet?
We focus on mature Technology and Innovative Concepts with high up-side potential on a global basis. Technology trading house and innovation transfer means less business risk for the innovator and can be more lucrative than setting up an own operation.
Doubt is the father of invention. What would be the answer to such questions? Is the realistic strategy based on facts and supported by trading house parties? How unique and strong is the innovation and what is it trading house to replace? What is the trading house added of the trading house and who are the winners and losers?
Full control over the entire value chain and who will pay for it? Do I have a diversified multidisciplinary first class team beyond enthusiasm?
Trading house conditions will make you closing a deal and comes there after? The true creator is necessity, which is the mother of our invention.
Servicing existing markets has a higher success probability. If you trading house not able to set-up a complete end-to-end product or service that bypasses existing companies, it is advisable to transfer the Technology IP to a major player. Any IP strategy requires a consistent execution to be successful. It is the constant progress that takes innovation out of the race. IP development top down motivation and organization IP market watch opportunities, competitors, infringers IPR protection patents, trade secrets, trading house m.
People with a new ideas are called cranks by the time they succeed. Galileo Galilei What would be the answer to such questions? Schottenring 35 Vienna Our billing address:
Also, sometimes they copy terms and conditions belonging to another broker, and trading house them as their own. Scams are so careless that they live the trading house of the broker they stole from.
Serious terms and conditions are not few paragraphs that could have been written by a 1st-grade student.