Home Events Is Your Manufacturing Company Ready to Expand Globally?

Is Your Manufacturing Company Ready to Expand Globally?

Did you know that 81% of total goods exports are manufactured goods, that 97% of all identified US exporting firms of goods are small businesses, and 59% of all identified exporters have reported exporting to only one country? If you are a business looking to expand to new markets around the world in 2023, this series is for you.

This program is geared towards assisting Riverside County-based manufacturers with their global expansion strategy. At the completion of the program, eligible participants may apply for a County of Riverside grant of $5,000.

Join the SBDC Global Trade Center for this four-session series covering the resources required to expand to new markets, collect and interpret data to choose new markets, design an effective international sales strategy, and establish a global supply chain. All participants will be aligned with an SBDC consultant to receive no cost 1:1 customized assistance during the program.

SCHEDULE OVERVIEW

Week 1: Wednesday, February 7 | Noon – 2 p.m. – Preparing for Global Expansion

  • Determining what is needed to ensure product readiness for specific markets
  • Steps to prepare your firm expand to international markets
  • Securing your supply chain

Week 2: Wednesday, February 14 | Noon – 2 p.m. – Finding New Export Markets

  • Collecting data on new markets
  • Assessing the viability for your product in new markets
  • Selecting the best market for continued global expansion
  • Primary research through travel, trade shows and missions, industry networking events, etc.

Week 3: Wednesday, February 21 | Noon – 2 p.m. – Positioning for Global Growth

  • Develop a tailored pricing strategy for exports
  • Costs to consider
  • Getting paid
  • Cash flow and forecasting
  • Funding options/financial resources

Week 4: Wednesday, February 28 | Noon – 2 p.m. – Qualifying Buyers and Delivering Product to Market

  • Identifying and qualifying buyers
  • Working with agents, importers and distributors
  • Preparing product for export
  • Delivering product to market
  • Mitigating risk

Date

Feb 07 2024
Expired!

Time

12:00 pm - 2:00 pm

More Info

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Location

Webinar
Category
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