Business, 20.10.2021 20:20 butterflycc

While on a trip to South Africa, Madison was impressed with the colorful woven outdoor placemats, floor mats, chair cushions, and umbrellas that local artisans were weaving. Upon returning to the United States, she was confident that U. S. consumers would be as intrigued by these accessories as she was. Madison decided to explore the possibility of starting an import business to bring these products to the United States. Which statement seems to be good advice for Madison? a. Most import businesses are also export businesses. Find something in the U. S. that Africans would be willing to buy, similar to a barter service.
b. Make certain that you have twice the cash necessary to make your first purchases.
c. Before performing a feasibility study, form your legal business status.
d. Learn from others who import goods from abroad, and particular from Africa.

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