International Business Trading: The Risks and Rewards Explained
Tue, 26 Nov
|Online Training
Maximise your global trading potential while minimising risks. Gain essential insights into the complexities of international trade to make informed, strategic decisions.
Time & Location
26 Nov 2024, 09:30 – 12:30
Online Training
About the event
Time & Location
26 Nov 2024, 09:30 – 12:30
Online Training
Registration deadline: 25/11/2024
About the event
Contact Name: International Trade Team
Contact Email: international@gmchamber.co.uk
Contact Telephone: 0161 393 4314
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.
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.
Course Content:
- Country and Political Risk: Assessing the stability and reliability of international markets.
- Commercial Risk: Understanding market entry strategies and potential business pitfalls.
- Payment Risk: Safeguarding your transactions and ensuring timely payments.
- Incoterms & Rules of Origin: Navigating the rules governing international shipping and customs procedures.
- Logistics Risk: Managing the complexities of global supply chains.
- Foreign Exchange Risk: Mitigating currency fluctuations and protecting profit margins.
- Financial Risk: Exploring funding options and financial safeguards.
- Rewards: Reaping 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.
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.
Price
- Member’s fee: £140 + VAT
- Non-member’s fee: £210 + VAT
Payment Terms
Please note payment must be made in full before the course.
Please note that GMCC does not accept payment via American Express.
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 to international@gmchamber.co.uk indicating 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.
BOOKING
- Sale ends: 25 Nov, 12:30
Training Booking Form
Members £140+VAT Non-Members: £210+VAT
From £140.00 to £210.00- £140.00
- £210.00
Total
£0.00