Every year, business with China is becoming more popular and profitable, both for owners of large companies, and for singles. Connections, business cooperation, well-established supplies - this can be achieved without investing. But each country has its own peculiarities of doing business, and it's very easy to become bankrupt if you ignore them.
How to start a business with China?
How to start a business with China from scratch? This question is asked by thousands of domestic entrepreneurs. It is worth remembering a few rules that will help to protect yourself from bankruptcy:
- Check whether the quality of the goods corresponds to the declared, whether the product is reliable, as the manufacturer promises.
- To conclude the right contract, taking into account the Chinese legal moments. In the document it is necessary to prescribe the terms of delivery and payment, the parameters of the goods and the percentage of rejects. The document must be compiled in Chinese, English and the customer's language.
- Monitor the production through independent inspection, check the goods not before shipment, but in the production process.
Business with China - pitfalls
Business with manufacturers from China is called very profitable, but do not forget that trade relations with the Chinese are fraught with many pitfalls. Establish a profitable business with China really, if you remember the main problematic issues:
- The Chinese can offer goods that are not produced in the country.
- Often scammers pretend to be representatives of large companies, they require an advance payment. It is better to go directly to the official website of the company.
- Conclude the contract only with the company's executives, since the signature of an ordinary employee is not valid.
- Often representatives of Chinese factories and plants deliberately make mistakes in documents so as not to bear responsibility.
- A consignment of goods may not correspond to the samples for which it was ordered.
- The Chinese sometimes make out in the documents of a photo of the wrong goods, about which they agreed.
- For Chinese entrepreneurs it is typical to indicate the wrong weight of the goods on the package.
What business can you open with China?
Before proceeding with the establishment of trade in goods from the Middle Kingdom, it is necessary to decide in what ways it should be done. Tested and verified are two:
- Resale from online stores in China;
- Direct trade with those who produce and supply products.
Further on how to conduct business with China more. Orders are best taken at the lowest cost and at a low weight. You can attract customers in social networks or resell from your own site. How to do business with China on direct supplies? Trade directly from the supplier is beneficial only for businessmen who conduct large consignments. You can contact the suppliers through Chinese online stores, but it's more reliable to find them in China. The greatest demand is:
- umbrellas, watches, bags, wallets;
- DVRs and navigators;
- computers and household appliances;
Business with China - Aliexpress
Recently, the Chinese store Aliexpress attracted a lot of customers, a small price opens wide opportunities for cheating. What you need to know when starting a business with China from scratch through Aliexpress?
- Buy is worth the product, which you understand. It is best to take small things in weight, then the delivery from the Middle Kingdom will be free.
- Open for trading your offline store or scatter ads on Internet boards.
- Recognize the conditions at the customs. Many businessmen use the services of CARGO companies.
- Find reliable sellers.
Business with China on gold mining
Gold mining in China attracts many industrialists, but not all are held in this segment of the market due to harsh conditions. Import of ingots into the domestic market of this country is allowed only for banks that have received a special permit, it is issued by the Central Bank of China. How to organize business with China in this area? You need to know these nuances:
- that ingots are allowed to trade, they must comply with SGE standards;
- Even with a license for each delivery, a separate permit is issued.
- Operations through SGE are not taxed.
Business with China on resale
To resell goods from China is possible and alone, having a computer, if it is a question of small parties. It is more profitable to work directly with suppliers who can offer discounts on mutually beneficial terms. Business on goods from China is also beneficial because the goods worth up to a thousand euros are not subject to customs duties. For large deliveries, the best products are:
- furniture;
- Appliances;
- fur coats;
- clothes.
For beginners, a good training will be dropshipping - the establishment of direct supplies from China. The scheme is very simple, which is easy to implement through your own online store:
- Buyers choose the goods and pay.
- The site owner selects the desired order in a Chinese online store, acquires it at a low cost, and sells at a higher price.
- Provides delivery of goods to the customer,
Books about business with China
In addition to the rules of trade with the inhabitants of the Celestial Empire, which in many respects repeat the generally accepted business schemes, it is worth remembering that compliance with ceremonies plays an important role for the Chinese. Such subtleties are known only to individual specialists, so books can be of great help to start-up business with China:
- Oded Schencar. "China of the 21st century".
- Carl Gert. "Where China will go, the world will go there."
- Alexei Maslov "Watching the Chinese. Hidden rules of conduct. "
- A. Devyatov. "Chinese specificity."