Facts are often obscured by myths. These myths can take us down the wrong path or keep us from moving forward. It is important to ensure that what we see as fact is supported by real information and not just hearsay or unfounded beliefs. Below you will find six myths associated with exporting:
“Exporting is risky.” The reality: The fear of nonpayment is what keeps small business owners awake at night. EXIM’s Export Credit Insurance is an insurance policy that covers foreign receivables, protecting against nonpayment by international buyers and providing peace of mind.
“Getting paid is cumbersome and I’ll lose my shirt.” The reality: With the right tools, selling internationally is routine. EXIM can help you be more competitive and drive revenue growth while protecting your financial assets.
“Exporting is too complicated.” The reality: Researching markets and finding foreign buyers can easily be accomplished with support from several sources, including EXIM, the U.S. Department of Commerce, the Small Business Administration, and state and local government economic development agencies.