What is an Export Management and Holding Company?
What is an export management and holding company? This may be a question that you have been asking yourself, and if it is, then you have come to the right place. In this blog post, we will discuss what an export management and holding company is and what they do. We will also define each term used in this description.
What is an Export Management and Holding Company?
An export management and holding company (EMHC) is a type of company that provides support to businesses exporting products or services. EMHCs typically offer various services, including market research, product development, financing, shipping, and compliance with export regulations. EMHCs may also provide other support services, such as marketing and sales.
What do you get when all of your business needs are distilled into one company? EMHC, that’s what!
What Do Export Management and Holding Companies Do?
Export management and holding companies typically offer their clients a wide range of services. These services can be divided into four main categories:
1. Market research: EMHCs conduct market research on behalf of their clients to identify potential markets for their products or services. This research includes an analysis of market trends, economic indicators, and competitor activity.
2. Product development: EMHCs work with their clients to develop new products or adapt existing products for foreign markets. This may involve modifying product designs to meet the needs of specific markets or developing new marketing materials in the local language.
3. Financing: EMHCs help their clients secure funding for export operations through various financing mechanisms, such as export credits, letters of credit, and factoring arrangements.
4. Shipping: EMHCs assist their clients with all aspects of shipping goods to foreign markets, including securing transportation, managing customs clearance, and complying with trade regulations.
5. Compliance: EMHCs help clients comply with all applicable export regulations, including those governing licensing, labelling, and product safety standards.
6. Other support services: In addition to the above services, EMHCs may also provide other support services to their clients on an as-needed basis. These services include marketing, sales, project management assistance, and temporary staffing solutions.
What do you get when all of your business needs are distilled into one company? EMHC, that’s what!
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Conclusion
An export management and holding company is a type of company that provides support to businesses exporting products or services. EMHCs typically offer a range of services divided into four main categories: market research, product development; financing; shipping; compliance; and other support services such as marketing and sales. If you are considering expanding your business by exporting products or services to foreign markets, then working with an EMHC could be a good option since they have the experience and expertise needed to help you navigate the complexities of international trade.