How can you evaluate the ROI of import/export operations to determine if they are worth the cost?
Importing and exporting goods can be a lucrative way to expand your business, reach new markets, and diversify your income. However, it also involves significant costs, risks, and challenges that can affect your profitability and cash flow. How can you evaluate the return on investment (ROI) of your import/export operations to determine if they are worth the cost? Here are some steps you can follow to measure and improve your import/export ROI.