Increased sales - (95%) of the world's consumers live outside the United States.
Foreign sales typically result in higher profit margins.
Investment and Business Expansion Overseas - investing or establishing a business overseas is often the natural consequence of a growing company.
Risks
Your overseas customer wants to buy from you but wants credit terms.
Will you get paid?
Selling on credit to foreign customers will increase sales but will also increase risks.
While you may know your foreign customer well and have a good payment history with them, events outside of their control could prevent them from paying.
Businesses operating overseas often need to make significant investments in foreign countries. These investments must sometimes be made in unsafe and unstable countries with risks of arbitrary government actions, war, or civil uprising .
Solutions
Whether your company seeks to maximize sales, establish or expand a business overseas, your success will depend on how well you have managed the increased risks. We are able to help you manage these risks. J. Maxime Roy, Inc. is one of the leading trade credit and political risk insurance brokers in the U.S. Our clients, which range from small family-owned companies to large multinationals, require customized coverage for their individual needs. We are able to apply our years of experience in trade credit insurance and global risk mitigation, along with our network of industry contacts, to customize solutions for reducing the risks of doing business overseas.