We will also go into partnership with some the largest rice producers in Thailand and then export rice from there to other countries of the world.We are aware that there are stiffer competitions when it comes to exporting rice, which is why we spent time and resources to conduct a thorough feasibility studies and market survey so as to be well positioned to favorably compete with all our competitors.This is why the United States of America’s economy is measured with the yardstick of how well the exporting business is fairing in the U. In essence, when there is an unstable economy, purchasing power drops and it impacts the export industry negatively which may result in the closure of some rice export companies.
This will enable you properly identify countries that truly need your rice and then hit the ground running.
Business plan is yet another very important business document that you should not take for granted in the bid to launching your own business.
We also took it further by analyzing and drafting a sample rice export marketing plan template backed up by actionable guerrilla marketing ideas for rice export companies. The fact that rice is a staple food that is consumed in all part of the world including places where it is difficult for farmers to grow rice or perhaps processed and packaged rice makes it a thriving and profitable business that an entrepreneur cum investor who is looking towards starting a business can successfully start.
For example, in some underdeveloped countries where they lack the machinery to produced finely finished parboiled rice, they tend to appreciate it when they are imported into their countries.
New entrant into the industry can favorably compete for the available market even if they don’t have rice farms.
They can travel all the way to Thailand seal the deals and then export rice to countries in Africa, and South America et al It is a fact that a major chunk of the United States’ gross domestic product (GDP) comes from the general export industry of which the rice export industry also contributes.As a matter of fact, you must be willing to pool huge cash base together to be able to successfully launch a rice exporting business or any exportation business.This is so because you are expected to rent / lease a warehouse facility, purchase bag of rice that can fill a container, pay for haulage / shipping and every other logistics that you are expected to take care of from the country of purchase to the country you are exporting the rice to So if you have decided to start a rice export company, then you should ensure that you carry out feasibility studies and also market survey.Going forward, as the economy of the United States and other countries of the world continues to recover and consumers are expected to loosen their discretionary budgets, the industry is anticipated to experience growth.The Rice Export industry is indeed a major sector of the economy of the United States of America and they generate several billion dollars annually from loads of rice export companies scattered all around the United States of America.Joel Sutton® Rice Export Company will at all times demonstrate her commitment to sustainability, both individually and as a firm, by actively participating in our communities and integrating sustainable business practices wherever possible.We will ensure that we hold ourselves accountable to the highest standards by meeting our customers’ needs precisely and completely whenever they patronize our products.The industry is responsible for the direct employment of thousands of people.It is important to state that there is no rice exporting company in the United States of America that has a lion share of the available market.We have a long-term plan to own our rice farm and rice processing plant / rice mill.Joel Sutton® Rice Export Company will ensure that all our international customers are given first class treatment whenever they order rice from us.