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Export Management with Central ISBDC

Posted by chamberadmin on September 27, 2016

Small businesses are very active in the global marketplace. In fact, 98 percent of United States exporters are small and medium-sized companies. With a deep-rooted history in manufacturing positioning the Indy region as a competitor in the domestic and global economies, the Indy metro is primed to take advantage of exporting activity. 

To help locally based companies with an interest in exporting, ISBDC turns to

Andrew Reinke, President of Foreign Targets, Inc., an export management company creating and managing proactive export programs for small and medium sized manufacturing firms. Reinke is a paid consultant on the ISBDC team assisting their small business clients with export development and maintenance.   Over the past 15 years, he has developed a system of helping these businesses develop and identify their export strategies – the Core 8 steps to Export Development:

  1. Export Readiness
    Self assessment of current export activity
  2. Market Research, Identification, and Assessment
    Locating international customers for my product or service
  3. Benchmarking
    Identifying what similar companies doing with exporting
  4. Foreign Market Representation
    Finding partners at these locations
  5. Promotion Strategy
    Marketing product or service internationally
  6. Assembling the Export Team
    Identifying teammates
  7. Assess and Adjust
    Learning to stay on track when markets change
  8. Maintain
    Maintaining and growing export sales

As an added bonus, Central ISBDC is also a member of the Indy Chamber’s Entrepreneur Services that offers many opportunities to help businesses enter international markets. To learn more about exporting, contact Central ISBDC at centralindiana(at)isbdc.org.