Business Finance Homework Help

Situation

You just graduated from Lynn University with a major in International Business. You have started looking for jobs in the area, but so far, you have not had any luck. An entrepreneur at heart, you are considering the opportunity to start your own international trade business. Besides, you think to yourself that Florida’s location makes it a good place to venture in this area, and your grandparents just gave you the news of a $100,000 graduation gift to be given to you with the condition that it be used to cement your business career. They are willing to give you even more money if you can show them a sound business plan. You are excited about this opportunity to strike out on your own and are ready to work on the plan right away. After looking at the various foreign market entry approaches you decide to start your own exporting business.

Instructions

For your proposed export business, fully develop the following components: business plan: that we are going to export art from Miami to collectors in Europe. Needs to be apa format intext citations and reference page

1. Global assessment of your product’s international potential (i.e. demographics, cultural considerations, market data, macroeconomics, government policies, environmental indicators, trade statistics, product specific indicators, and industry indicators).
2. The effect of trade barriers and non-trade barriers for the specific product and country where you plan to export your product (i.e. import duties, export license, government standards, quotas, product labeling, origin requirements, etc.)