International Business and Languages

Vraagstelling

How do you set up and run a successful import business?

Aanpak

We set up our own import company, COR International, and imported a unique product from China, an umbrella in a bottle. We followed all the steps that a “real” import company would undertake: building capital by finding shareholders, importing a product from a reputable supplier, doing market research into the right target market, selling as many of our products as quickly as possible to maximize profits and ultimately generate a dividend and liquidate the company.

Resultaat

We learned a lot about entrepreneurship through experiencing all the ups and downs of running your own business. We also made a nice profit!