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Non-Financial Assistance
For Singapore Companies
Export Guides
Export Guide
Overview
Overview
Selecting your export market
Marketing and branding your exports
Entering your selected market
Logistics of getting your exports into market
Financing your export operations
Dealing with the legal side of export
Getting a handle on export risks
Announcement
Export Guide
Overview
Selecting your export market
Marketing and branding your exports
Entering your selected market
Logistics of getting your exports into market
Financing your export operations
Dealing with the legal side of export
Getting a handle on export risks
Announcement
Overview
Step 1: Selecting your export market
Importance of market research
Identifying your market
Challenges and issues to be aware of
In conclusion
Read More
Step 2: Marketing and branding your exports
Importance of having an export marketing and branding plan and documenting it
Issues to consider when developing your marketing and branding plan
Marketing and branding tools you need
Resources to help you
Read More
Step 3: Entering your selected market
Time to choose your market entry strategy
Types of market entry methods
Direct exports
Indirect exports
Franchising
Branch or subsidiary
In conclusion
Read More
Step 4: Logistics of getting your exports into market
Why you should plan your logistics well and ahead of transporting your goods to your export market
Methods of transporting your goods overseas
Overview of Singapore’s customs regime
Exporting out of Singapore
Importing into your target market
Increase your profit margins by reducing your export costs with FTAs
Finally, remember to protect yourself against transport risks
Do it yourself or engage a service provider?
Resources to help you
Read More
Step 5: Financing your export operations
Reviewing your financial capacity
Financing options available to you
Retained earnings
Bank loans or credit facilities
Friends, relatives and family
Third party investors
Government assistance schemes for you
Business plans and export strategy plans are essential
Determining the quantum of funds you need
Read More
Step 6: Dealing with the legal side of export
Steps to protect your transaction
Step 1 – Protect your confidential information and assets
Step 2 – Comply with Singapore law
Step 3 – Comply with the law of your destination market
Step 4 – Comply with regional laws
Step 5 – Review your business structure
Step 6 – Take advantage of internationally accepted uniform standards
Step 7 – Protect your intellectual property
Some legal clauses used in international sales contracts
Choice of language clause – choosing a common language for interpretation
Choice of law clause – choosing the “proper”, “governing “ or “applicable” law
Jurisdiction clause – specifying how, when and where to handle any disagreement
Force majeure clause – specifying how parties should fulfill their contractual terms in event of circumstances beyond their control or prediction
Governmental approval clause – specifying the party responsible for obtaining licenses, permits, or government permissions
Terms of payment clause – specifying the currency, method of payment, bearer of charges and fees
Pre-shipment inspection clause
Delivery, acceptance and refusal clauses
Intellectual property clause
International warranty clause
Familiarise yourself with common legal concepts to help you deal with potential risks
Do I need a lawyer?
Tips for getting a lawyer
Defray the cost of engaging a lawyer
Hiring a lawyer does not help stretch your dollar unless you have done your homework
Commercial issues
Management issues
Operational issues
Compliance issues
Resources to help you
Read More
Step 7: Getting a handle on export risks
Importance of developing an export risk management plan
Potential risks you may encounter
Country risks
Business risks
Financial risks
Logistics risks
Legal risks
Risks from unforeseen circumstances
Resources to help you
Read More