Practical Keys to Doing Business in the United States
The Cajamar Cooperative Group participated on June 27th, along with other entities and entrepreneurs specialized in the foreign sector, in the first edition of businessexterior.com, in which the journalist Silvia Intxaurrondo, conducts this meeting to offer the practical keys to those companies that want to do business in the United States.
The meeting has been developed along four discussion tables that have been on “Direct support for the company – business opportunities by sectors in the United States”; “Confidence in the market and financial management”; “Export online to that country”, and “Resources for direct and operative implementation”, each half-hour, which have reviewed the fundamental steps that small and medium-sized Spanish companies must take to do business in the country North American.
Cajamar was represented by the head of the Foreign Trade Department of the Cajamar Cooperative Group, Antonia Hernández, at the table “Confidence in the market and financial management”, in which she explained the operation of Cajamar International Platform, a comprehensive solution for the Companies in the process of internationalization or internationalization. Through it, in addition to specialized financial products, a line of comprehensive services provided by 15 specialized companies with extensive experience in international services is available to SMEs and Spanish cooperatives to support them in their access to new markets.
More than 3,000 SMEs have visited the International Platform in less than a year since its launch
Antonia Hernández has also displayed specific products such as exchange rate coverage, means of payment and international guarantees that Grupo Cooperativo Cajamar offers to companies that want to open their business in the international market.
The Cajamar Group has increased its international business investment by 25%, aware that the external impulse is vital for Spanish SMEs
The program began at 10:00 a.m. to 10:40 p.m., with Table 1: “Direct support for the company: business opportunities by sectors in the United States”, in which export promotion agencies, Investment and chambers of commerce have oriented companies to know concrete business opportunities by sectors of activity, selection of the best location in destination, stimulus aids from the different spheres of public administration both in Spain and in the destination market, funds , Support staff at destination, among other issues.
From 11:30 a.m. to 12:10 a.m., in Table 2 “Confidence in the market and financial management”, experts from the main financial entities specialized in foreign business, such as the Cooperative Group Cajamar, have approached the financial products and services designed for Support companies in this market, as well as foreign exchange risk coverage, the necessary guarantees for operations, additional guarantees, among others.
From 3:00 p.m. to 5:40 p.m., Mesa 3 “Export online to the United States” has discussed the possibilities offered by the online channel for export, how to better know your customers and potential customers in that market, logistics for ecommerce, B2B export tools, omnicanality and internationalization of SMEs, payment methods, legal aspects applied to ecommerce and the construction of your brand in digital.
At the last table, from 6:00 p.m. to 6:40 p.m., the “Resources for direct and operative implementation in the USA” have been exposed: concrete logistics and transport solutions for this market; Customs management and documentation; Rail, sea and road connections; Selection and optimization of locations; Certifications in the market and during transportation; Insurance; Key aspects of the constitution of companies, labor contracting, tax regimes, technologies, tools and ICT solutions.
Through this edition it has been tried to make available to the Spanish SMEs the knowledge and trajectory of experts in the different aspects of the foreign business, to help them to diversify the markets and to guarantee the sustainability of the companies.
Source: Cajamar
