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Whether you’re an established business or a spunky startup, exports are a great way to grow a better business and your bottom line. Fortunately, Los Angeles has many resources to help you at any stage of the process.
Exporting is a great way to grow a better business. It helps you expand your bottom line by increasing and diversifying your sales, grow a global presence and brand, access competitive world-wide distribution networks, and take advantage of international economies of scale and experience. You can learn about success stories from a diverse range of companies from all over the United States here.
By being in Los Angeles, you already have an export advantage. L.A. has world-class trade infrastructure including the ports of Los Angeles and Long Beach, which is the busiest port complex in the Western Hemisphere, and the Los Angeles International Airport, which is the 3rd busiest airport in the world in 2019. Together, these global hubs connect domestic businesses to over 200 economies worldwide and facilitate hundreds of billions of dollars in business annually.
As the coronavirus and measures to slow the spread of COVID-19 cause uncertainty and new challenges, exports may still be an option for you now and in the future to grow your business. Whether you are a new or experienced exporter, you have access to many virtual resources right at the comfort of your own computer with the Los Angeles Virtual Export Toolkit.
You will be able to find resources like an exporter assessment, e-commerce website audits, a duties and taxes calculator, free market research tools, intellectual property toolkits, financing assistance, and many more.
From your own computer or smartphone, you also have access to a wealth of export media content to learn more about the ins and outs of exports, gain expert insight into foreign markets, and even receive online intellectual property training. The Los Angeles Export Media Library provides a growing list of export media content from reliable resources and authorities, including brief informational videos, full-length online training modules, podcasts, and many more.
The Los Angeles region is home to one of the largest trade service communities in the country. You can download the Los Angeles Export Resource Directory to see over ten export resources available to you in Los Angeles.
If you are not sure where to start, continue reading to identify resources that best fit you at your stage of export-readiness and your specific project. As you learn more about exporting and these organizations, you will discover that many of these organizations do so much more.
Many local organizations hosts introductory workshops and seminars to provide the latest market insights and networking opportunities with public and private service providers and other like-minded business leaders like yourself.
For a comprehensive guide on exporting, the U.S. Commercial Service provides A Basic Guide to Exporting.
If you’re new to exports and want more personalized assistance to get assisted, Los Angeles has a program that connects you with experts and mentors to help you get started and close deals.
If you are more established, have an advanced plan, or need some assistance with an existing project, Los Angeles has a range of specialists to help you connect with opportunities abroad.
You've secured a sale or you're even starting out but you need financing and insurance. There are federal resources and state programs to help fund your foreign projects, manage your risk, and ultimately close the gap and fulfill your order.