An international business plan helps you anticipate future goals, gather facts, identify constraints, and formulate a plan of action. A clear timeline and milestones should be established, as well as specific objectives. In order to succeed in the global marketplace, you must have a strategy for entering or expanding into targeted markets.
Assess how exporting will affect your company's operations by conducting an audit. You need to think about the management issues for exporting, approaches to exporting, distribution channels, and other factors that will affect your business.
Learn the key components of an effective, actionable export plan. There is no one-size-fits-all export plan, just as no two companies are alike. Your export plan should be an extension of your overall business plan, if not incorporated entirely into it. Your domestic sales plan will require many of the same questions as your international sales strategy.
Have a clear idea of the information you need to collect and sources where you might find that information.
In order to identify your company's current status as well as internal goals and commitments, you need to create an international export plan. An export financing plan is also essential. Create a plan before requesting bank loans. It will save both time and money.
Part I: Export Policy Commitment Statement
Part II: Situation or Background Analysis
Marketing Component: Part III
Part IV: Tactics—Action Steps
Part VI: Implementation Schedule