I am a U.S. citizen with a MBA and MA in International Business. I am interested in starting an Import/Export business that sources solely out of China. I’d like to know what kind of financial and other business start-up and sustainable assistance are available to get me off the ground. I am presently in the process of registering my corporation in the State of California
First off, congratulations on completing your MBA and starting an import/export business. I’m afraid at the China Sourcing Information Center we have a lot of information about buying from China, but not too much about how to set up businesses in USA and arrange start-up capital. But I have a few suggestions based on my experience living in the USA and starting a sourcing business many years ago.
- Check with your local office of the US Small Business Administration. http://www.sba.gov/ They could probably get you pointing in the right direction in terms of business startup and finance.
- In terms of resources about sourcing form China, I have plenty of ideas for you.
The following free resources are worth a look:
a) China Sourcer monthly e-magazine. Subscribe at www.ChinaSourcingInfo.org and visit their archive as well.
b) RSS my blog on China sourcing at www.ChinaSourcingInfo.org
- “The Essential Reference Guide to China Sourcing” ( http://chinasourcinginfo.org/book/ ) would also help you learn more.
Hope these ideas get you pointed in the right direction.
Wishing you successful China sourcing!
Question answered by Mike Bellamy, host of “Ask the Experts” at the China Sourcing Information Center.
Mike Bellamy is an Advisory Board Member & Featured Blogger at the not-for-profit China Sourcing Information Center (www.ChinaSourcingInfo.org). He is also the author of, “The Essential Reference Guide to China Sourcing” (chinasourcinginfo.org/book) and founder of PassageMaker Sourcing Solutions (www.PSSchina.com )