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EDUCATION

WEEK OF 2021.07.06

Helping Carolina Region Companies Become More Globally Competitive
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In this issue we feature more of our on-demand training videos produced by international trade organization NASBITE (National Association of Small Business International Trade Educators) and North Carolina’s SBTDC (Small Business and Technology Development Center). The training videos offer timely information on all aspects of international trade to USA-based small-medium-sized businesses that are focused on international trade as a pathway to business growth. They are accredited by NASBITE toward the Certified Global Business Professional (CGBP) credential and annual re-certification requirement.

Candidates receiving the NASBITE International CGBP designation may use the credential logo and wordmark on resumes and business cards identifying them to employers and the public as individuals proficient in global commerce. For companies, the credential establishes a professional development goal for current and future employees. The credential also helps individuals diversify their skills in global commerce and assure they understand a broad range of topics rather than just the specific field within international trade that they have experienced.

The NASBITE International Trade Passport website offers on-demand training, local resources, and rapid expert assistance to USA-based small-medium-sized businesses that are focused on international trade as a pathway to business growth. New users can sign up for a free account that provides access to 20 on-demand webinars, live webinars, expert assistance and more. If you'd like to learn more about the CGBP accreditation, please read further below.

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Developing an Export Plan

NASBITE Developing an Export Plan
If you don’t know where you’re going, you’re assured not to arrive. Creation of a strategic export plan will help you think through all of the elements you must consider to minimize risk and maximize use of resources to best take advantage of global sales opportunities.

Why this matters to your business

A well-thought-out export plan will focus your efforts and effectively maximize limited resources
An export plan can get your whole team on the same page and allow you to assess your actual achievements against your expectations
Knowledge will overcome business challenges you may face otherwise

Who should watch this webinar
  • Business owners and sales managers contemplating exporting or new exporters
  • Any business leader considering foreign market entry

Export Pricing / Calculating Landed Cost

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Understanding total landed cost is an important step in developing a profitable and consistent pricing strategy for export success.

Why this matters to your business
Export success depends in part on an appropriate pricing strategy in each target market. An exporter should understand the landed cost in order to determine its price competitiveness in various markets.
  • Work closely with freight forwarders to reduce transportation costs
  • Avoid liability for foreign duties and taxes by not using the DDP Incoterms Rule
Who should watch this webinar
  • International sales, marketing, and customer service staff responsible for preparing price quotations to foreign buyers
  • Logistics and credit staff that support pricing, payment terms, and freight cost calculations
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Certified Global Business Professional (CGBP)
The CGBP designation is offered exclusively through NASBITE International. Over 2,000 global business professionals have earned the CGBP designation, confirming their knowledge in international trade and assuring their ability to professionally practice global business in today’s competitive environment.

The CGBP Exam is offered approximately 4 times a year. It is a 165-question, multiple-choice exam over a 3-hour time period, virtually proctored. The first-time exam fee is $395 but various discounts and grants are available. The next CGBP exam dates are: Sept. 6 – 26, 2021 (registration by Aug. 6, 2021), and Nov. 15 – Dec.12, 2021 (registration by Oct. 15, 2021). In addition to these webinars, NASBITE offers preparatory exam workshops as well.

Accreditation as a CGBP certifies that a candidate is competent in the following four primary domains: Global Business Management, Global Marketing, Supply Chain Management, and Trade Finance; and across five areas in each: Documentation, Legal and Regulatory Compliance, Intercultural Awareness, Technology, and Resources.
The CGBP is designed to meet the needs of individuals working in the profession or studying for a career related to global commerce. Candidates from both small and large companies will benefit as will students in two- or four-year degree programs. The credential is also suitable for individuals working in trade assistance organizations, trade promotion agencies, and related educational institutions.

Candidates receiving the NASBITE International CGBP designation may use the credential logo and wordmark on resumes and business cards identifying them to employers and the public as individuals proficient in global commerce. For companies, the credential establishes a professional development goal for current and future employees. The credential also helps individuals diversify their skills in global commerce and assure they understand a broad range of topics rather than just the specific field within international trade that they have experienced.

The NASBITE International Trade Passport website offers on-demand training, local resources, and rapid expert assistance to USA-based small-medium-sized businesses that are focused on international trade as a pathway to business growth. New users can sign up for a free account that provides access to 20 on-demand webinars, live webinars, expert assistance and more.

NASBITE CGBP Student Pathway Program Guide
NASBITE CGBP Certification
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Carolina World Trade Association

Founded in 1964, CWTA is a chapter of the North Carolina World Trade Association (NCWTA), which promotes growth of trade between North Carolina and the world by providing education and networking opportunities for our global ecosystem.

As a business-driven non-profit organization, CWTA’s mission is to promote, foster and encourage international commerce success and expand economic growth in the Carolinas region. We do this by:
  • Advocating the interests of businesses engaged in international trade on local, regional, state, and federal levels;
  • Educating businesses and their employees to the resources, issues, policies, and practices within international trade;
  • Promoting regional assets and opportunities for expanding inbound and outbound international commerce; and
  • Celebrating the successes of international trade in the region.
Please visit our website!
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