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Planning your export financing

How well you manage your finances will be an important factor in determining your success as an exporter.

Overtrading, bad debtors and differences in tax systems are just some of the issues you need to become familiar with and prepare for.

Planning your export financing (TRANZ/Corbis)

  • Can you make any money?

    Before exporting it's important to work out whether you can make enough profit to cover your costs and reward you for the financial risk and hard work of entering an export market. Find out more

  • Make sure you have the finance

    Exporting can put considerable financial strain on your existing business. You may need to fund travel and time away from your New Zealand markets, extra staff and other unforeseen expenses. Find out more

  • Finance, tax and terms of trade

    Exporting brings issues such as varying rates of foreign exchange, the possibility of opening foreign bank accounts and invoicing in multiple currencies. Find out more

  • Getting paid

    Getting paid in a timely manner is a concern for all exporters. Waiting for payment can put a strain on your cashflow. And taking legal action to recover unpaid debts from overseas customers can be very expensive or impossible. Find out more

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