How Does an Import and Export Business Owner Spend a Workday?

What is an Importer/Exporter?

Import and export business owners are essentially international traders. They bring foreign goods into the domestic market for sale and ship goods abroad, based on orders placed by foreign importers. Small-business owners are responsible for a large percentage of the American international trade industry. These busy individuals juggle a variety of daily tasks to ensure the smooth operation of their business.

Core Job Duties

All steps in the chain of product delivery fall on the shoulders of the import and export business owner. It is his job to broker deals with foreign corporations, manage timetables of delivery, procure buyers for the foreign goods and ensure safe transport of the goods once they arrive. A typical day can vary drastically depending on which step in the process needs addressing. However, potential daily duties include speaking with overseas partners, drawing up contracts, negotiating prices, researching future purchases and managing billing processes and payroll. The majority of days are likely spent behind a desk at the office. However, import and export business owners often travel abroad to meet with clients.

Management Job Duties

Business owners are also required to perform numerous management duties. This includes overseeing employee tasks and providing training to new employees. Owners may also hire employees to complete some of the core duties mentioned above. For example, a foreign trade representative may travel abroad on behalf of the owner to forge new relationships with clients. Managing overhead and making purchase decisions on necessary equipment and commercial property are also requirements of the business owner.