International Business Trading; The Risks and The Rewards Explained

Time: 09:30 - 12:30

Date: 14/07/2023

Division: International Business Hub

Venue: Online

EVENT DESCRIPTION

Who is this course suitable for?

This Course will suit experienced staff as a refresher/reminder as well as less experienced staff as an education/ to improve their understanding of the International Trade world.

The Course would also be useful for business decision makers who are perhaps looking into exporting or new to it but also businesses who already regularly export but might welcome handy tips on when trading in International markets. Team members in finance and sales would also find this course useful.

What does the delegate gain?

This bespoke half day course is to help businesses and their staff understand the different areas of risks of International Trade and therefore be in a position to make informed decisions as to the risk it is prepared to take with different aspects of exporting and/or importing and where possible reduce/mitigate them.

What happens on the course and what is taught?

The Course spends time on the different Risks and covers:

• Country and Political Risk
• Commercial Risk
• Logistics Risk
• Foreign Exchange Risk
• Financial Risk (includes Funding options)

The course will also cover how important it is for a business to understand and use the agreed Incoterm and its implications for the exporter/importer if not used correctly. Information on how this can be the root of problems as the transaction progresses especially during goods movement and Customs clearance will be discussed.

Where and when do I book and pay?

Member’s fee:  £110 + VAT

Non-member’s fee: £170 + VAT

*Any cancellations must be confirmed via email to training@birmingham-chamber.com and must be given within 5 working days clear of the original event date. For any cancellations given less than 5 working days before the event, fees will not be refunded. This also counts for non-attendance. If the course is due to run again in the future, delegates can opt to transfer to the next available date. A £50 fee will still be issued to cover the costs already incurred.

*Please note, the aim is always to finish at the time provided above, but please allow extra time depending on how many delegates are on the course, as there may be more questions for the trainer to answer. 

(We also offer training packages & bespoke training depending on what is most suitable for your company. Ask the team today about bulk bookings and discounts)