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International Business Trading: The Risks and Rewards Explained

Date: 26/11/2024
Time: 09:30 - 12:30
Borough: Manchester
Contact Name: International Trade Team
Contact Email: international@gmchamber.co.uk
Contact Telephone: 01613934314

In the dynamic world of international trade, understanding the risks and rewards is crucial to success. This bespoke half-day course is designed to equip your team with the knowledge needed to navigate the complexities of global trade. Whether you're an experienced professional looking to refresh your knowledge or a business decision-maker exploring new markets, this course offers valuable strategies to manage risk and enhance profitability.

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This course delves into the various risks associated with international trade such as country and political risk, commercial risk, and payment risk, while also highlighting the rewards when these risks are effectively managed. You'll gain a comprehensive understanding of the key factors that can impact your business and learn how to mitigate potential pitfalls.

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Course Content:

  • Country and Political Risk:ÌýAssessing the stability and reliability of international markets.
  • Commercial Risk:ÌýUnderstanding market entry strategies and potential business pitfalls.
  • Payment Risk:ÌýSafeguarding your transactions and ensuring timely payments.
  • Incoterms & Rules of Origin:ÌýNavigating the rules governing international shipping and customs procedures.
  • Logistics Risk:ÌýManaging the complexities of global supply chains.
  • Foreign Exchange Risk:ÌýMitigating currency fluctuations and protecting profit margins.
  • Financial Risk:ÌýExploring funding options and financial safeguards.
  • Rewards:ÌýReaping the benefits of well-managed international trade operations.

Additionally, this course will cover the crucial role of Incoterms in international trade. You'll learn how these terms, if not correctly applied, can lead to significant issues during the movement of goods and customs clearance.

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Who Should Attend:

  • Experienced staff seeking a refresher on international trade risks
  • Business decision-makers new to exporting or looking to enhance their strategies
  • Teams in finance and sales involved in international operations
  • Businesses already engaged in exporting who want to optimise their practices

By attending this course, you will gain the skills needed to make informed decisions and reduce risks in your international trade activities, positioning your business for success in the global marketplace.

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Price

  • Member’s fee:Ìý£140 + VAT
  • Non-member’s fee:Ìý£210 + VAT

Payment Terms

Please note payment must be made in full before the course.

Please note that ´ó·¢ÁùºÏ²ÊƱ does not accept payment via American Express.

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Cancellation Terms

In case you are no longer able to attend this training course, please note you must cancel your place at least 5 working days before the course. The cancellation must be in writing and sent toÌýÌýindicating the name of the course you are cancelling for and delegate(s) details. If a booking is not cancelled and the delegate does not attend, full event costs will still apply.


Registration deadline: 25/11/2024

PRICE:
NON MEMBERS £210.00 Excluding VAT
MEMBERS £140.00 Excluding VAT