How To Build International Business Network?

International business requires an international network. But, unless you own a private jet, there are obvious obstacles to networking in person with people who live in other countries.

Thankfully, the web is truly worldwide, and these obstacles can be easily overcome with a little online networking and social interaction. We asked people who have successfully accumulated large online international networks about their recommendations for getting started. This is what they had to say. Add your own tips for building an international professional network via the web in the comments below.

1. Join International Groups and Networks

Participating in online discussions that include international voices is a primary way to make connections and expand your international network. E-mail lists, online groups, and networking sites are easy ways for getting involved in these discussions.

Have a website for your business!

There are plenty of great designers who can create a simple and fast web design for your website. If they are unwilling to go all out and create an entire website or are in a hurry to make one, are not great ways to speed up the process. Although this will save time, we also want to make sure you focus on that is attractive even though it is simple, do not forget that you need to have a lot of great content and images to attract not only visitors but also web crawlers along with this will also help to save money. The design of your website is very important, and easily can be done efficiently. 

“What is difference between international business and international trade?

"Business"  is the whole spectrum of dealings in which people and companies engage - it is generally boiled down to the exchange of goods and services for money or other goods or services.

Business is a term used for all the activities performed by a business enterprise. This includes three basic activities of buying, manufacturing and selling. In addition a business may carry out additional activities such as product design, advertising and financing. Based on this basic meaning, the word business may also be used in several related ways such as a firm or enterprise in business activities, the overall state or performance of such firm (for example, "how is business?"), and group of firms or their activities connected with a common product (for example, automobile business).

“Trade” is technically the exchange of good for money or other good.

Trade is referring only buying and selling activities, which form a part of business activities. The word trader is often used to describe business firms, such as wholesalers that are primarily engaged in buying and selling activities. Also the word trading is used more often to describe buying and selling activities involving large quantities between traders rather than selling to retail customer. Usually imports and exports involve buying and selling of large quantities between traders, and therefore it is more common to use term trading for such activities.

For instance a manufacturer of something is engaged in trade, the lawyers and accountants who supply that manufacturer their services are engaged in business - and it doesn't matter if it all happens within one country or if it is international - nowadays a company's accounts might well be handled by someone in a different country.

Now, for this blog and the domain name we picked “International Business Expert” we will focus mostly on business side of trade. One other way saying it is we will deal with trade issues, solutions with better business perspective. We will often discuss about exchange of goods, money and services based on industry, economy and country with business point of view. We will often talk about how to find a fine answer with right tools that will help us grew our businesses and reach our goals by doing it legally- ethically and effectively.

Why Free Trade?

Proponents of free trade argue that voluntary exchange meets the demands of justice because each party to the trade leaves the trade richer than he or she was before. Johan Norberg writes in his book In Defense of Global Capitalism: It may seem odd that the world's prosperity can be augmented by swapping things with each other, but every time you go shopping you realize, subconsciously, how exchange augments wealth. You pay a dollar for a bottle of milk because you would rather have the milk than your dollar. The shop sells it at that price because they would rather have your dollar than keep the milk. Both parties are satisfied with the deal, otherwise it would never have taken place. Both of you emerge from the transaction feeling that you have made a good exchange, your needs have been provided for. 

Advocates of free trade note that parties to a transaction participate freely because it improves their own lot. This lesson applies more generally to trade among nations. If producers and consumers in world markets adopt the same producing and consuming behaviors that they do as individuals, then exchange among nations is just and wealth increasing.

Other academics have focused on the connection between open exchange and the larger program of freedoms in society. Nobel laureate Milton Friedman argues in Capitalism and Freedom that there is a very real connection between economic freedom and the political freedoms. In this way, voluntary exchange is a component of a larger bundle of freedoms in society. Friedman illustrates this view tellingly: No one who buys bread knows whether the wheat from which it is made was grown by a Communist or a Republican, by a constitutionalist or a Fascist... Instead of recognizing that the existence of the market has protected [the oppressed] from the attitudes of their fellow countrymen, [critics of free trade] mistakenly attribute the residual discrimination to the market.

Discrimination can therefore be a self-punishing choice for producers - who select workers on the basis of something other than performance - and for consumers, for whom it is costly to determine the often anonymous sources of goods and services. Voluntariness permits incentive structures that accord with fairness.  

Advocates of free trade find many economists in their ranks; economists nearly unanimously support measures to increase the flow of goods between nations, and thereby to make trade freer.

Countries, like people, are more or less talented at producing various goods.

When countries specialize in producing what they are relatively more talented at producing, they can trade with other countries doing the same thing, and all participating countries can enjoy a more extensive package of total goods and services than they did before. Economists call this the Ricardian trade model, and empirical evidence appears to confirm trade's enriching effect on participating countries.

Why Export?

Exporting offers numerous advantages for the firm but, unfortunately, many firms have not taken advantage of the incredible opportunities that exist in the worldwide marketplace. The massive restructuring of political boundaries, the collapse of Communism, the opening of new consumer markets, historic trade agreements, and the global economy, influenced by the worldwide access of manufacturing technology which has created competitive manufacturers able to produce cheaper, faster, and better. Formerly underdeveloped countries have become serious rivals to established economies due to worldwide links to communication systems and the explosion of television, print, and electronic access to information. There has never been a more opportune time for U.S. firms to capitalize on these market shifts. Therefore, it is critical to a country's and a firm's growth and competitive advantage to export for the following reasons:

• Increase Sales and Profits. If the firm is performing well domestically, it is likely that expansion into foreign markets will improve profitability. Yet the U.S. Department of Commerce found that only 3 of 25 businesses export, although they are all capable of it.

• Gain Global Market Share. Over 95% of the world's economic activity is outside the United States.

• Reduce Dependence on Existing Domestic Markets. By expanding into foreign markets, the firm will increase its marketing base and reduce internal country competition.

• Stabilize Market Fluctuations. By expanding into global markets, firms are no longer held captive to economic changes, consumer demands, and seasonal fluctuations within the domestic country.

• Sell Excess Production Capacity. By exporting, production capacity and length of production runs may increase, thereby decreasing average per unit costs and increasing economies of scale.

• Enhance Competitiveness. Exporting is proven to enhance competitive advantage. While the firm will benefit from exposure to new technologies, methods, and processes, the country will benefit from an improved balance for trade.

• Create Domestic Jobs. It is estimated that U.S. exports of goods and services supported a total of 1.3 million jobs.

• Help Reduce the Trade Deficit. Exports represent eight percent of the U.S. Gross Domestic Product (GDP) out of $750 billion of annually traded goods and services.

• Find Excellent No Cost/Low Cost Experts in Export. For many firms, the decision not to export is based on the fear of the unknown as the myths, myopia, and misconceptions of exporting. Trade promotion organizations throughout the United States have been established to assist companies that are strong domestically but have not contemplated export markets. These organizations help businesses with every step of the export process.