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CMC Consulting Group Inc

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... multi-million dollar business deals in China and other parts of Asia since 1980 ... CMC IS Member of HONG KONG CHINA CHAMBER OF COMMERCE (HKCHcc) ... – PowerPoint PPT presentation

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Title: CMC Consulting Group Inc


1
CMC Consulting Group Inc
  • Expand Your Business
  • Beyond the Domestic Market
  • 2004 Hawaii Small Business Fair
  • Saturday, May 22, 2004
  • Kapiolani Community College
  • Honolulu, Hawaii 96813, USA
  • Presented by
  • CMC Consulting Group Inc
  • 55 Merchant Street, Harbor Court, Suite 1813
  • Honolulu, Hawaii 96813, USA
  • Phone (808) 222-8183 Fax (808) 524-8063
  • http//www.cmcconsultinggroup.com/

2
CMC Consulting Group Inc
  • WHO IS CMC Consulting Group Inc?
  • CMC has three partners and one project manager
    with more than 75 years of experiences doing
    business in Asia with special focus in China and
    Hong Kong. The partners and its affiliate
    companies have negotiated many multi-million
    dollar business deals in China and other parts of
    Asia since 1980

3
CMC Consulting Group Inc
  • CMC IS Member of HONG KONG CHINA CHAMBER OF
    COMMERCE (HKCHcc)
  • HKCHccs members are interested to look for trade
    and business outside of Hawaii working with more
    than 15 collaboration partners worldwide with
    special focus in China and Hong Kong. Combine
    membership of HKCHcc our collaboration partners
    exceed 12,000 members

4
CMC Consulting Group Inc
  • PREPARE TO EXPORT
  • Is your company ready for exporting?
  • Entering foreign markets requires commitment
    from top management and a clear export strategy.

5
CMC Consulting Group Inc
  • PREPARE TO EXPORT
  • If your products is not selling in Hawaii, do not
    expect to export to bail you out

6
CMC Consulting Group Inc
  • PREPARE TO EXPORT
  • Are you willing and ready to put financial
    resources to explore new markets ?

7
CMC Consulting Group Inc
  • PREPARE TO EXPORT
  • Are you willing and ready to make adjustment to
    your products to suit the targeted foreign
    markets ?

8
CMC Consulting Group Inc
  • RESEARCH NEW MARKET
  • Which markets hold the most promise for your
    products?

9
CMC Consulting Group Inc
  • RESEARCH NEW MARKET
  • Who are the major players and competitors in the
    market ?
  • Do you know?

10
CMC Consulting Group Inc
  • RESEARCH NEW MARKET
  • Utilize market research reports and customized
    services to focus your efforts on the most
    promising markets.
  • Are you willing to pay for the market research
    report?
  • Get to know your New Customers?

11
CMC Consulting Group Inc
  • FIND DEVELOP TRADE CONTACTS
  • Identify potential buyers, agents, distributors
    or joint-venture partners for your product or
    service.

12
CMC Consulting Group Inc
  • FIND DEVELOP TRADE CONTACTS
  • How good are some of the trade group that come
    through the State regularly?
  • How do you determine their legitimate trade
    business motives?

13
CMC Consulting Group Inc
  • FIND DEVELOP TRADE CONTACTS
  • Become familiar with the various partner matching
    and trade lead services offered by the federal
    state government.
  • How good are they?
  • Why are many Hawaii businesses failed to take
    advantage of the program?

14
CMC Consulting Group Inc
  • PROMOTE YOUR COMPANY
  • There are a variety of cost-effective services
    available to help you test markets and gain
    exposure overseas.

15
CMC Consulting Group Inc
  • PROMOTE YOUR COMPANY
  • Take advantage of special promotional projects, a
    recent program put together by CMC featuring12
    Hawaii Companies will be viewed by more than 200
    million TV audiences in China and throughout Asia

16
CMC Consulting Group Inc
  • PROMOTE YOUR COMPANY
  • Participate in selective trade mission preferable
    lead by private sectors consultants with
    government agencies playing supportive role only
  • Meetings should be business focus, avoid top
    heavy meetings agendas primarily with government
    officials unless you are there to obtain
    government contracts

17
CMC Consulting Group Inc
  • CONDUCT TRADE TRANSACTIONS
  • Learn the intricacies of packaging, labeling,
    documentation and shipping
  • Do not expect to ship your products into the
    foreign market, off the ship and onto the stores
    shelves!
  • Many countries required you to change your
    packaging meeting health inspection and various
    requirements to enter local market

18
CMC Consulting Group Inc
  • FINANCE INSURANCE
  • Understand the types of financing tools and
    government services available to help you conduct
    your export business and reduce risk.
  • Take advantage of many finance programs offered
    by the U. S. Dept of Commerce

19
CMC Consulting Group Inc
  • FOLLOW UP TRANSACTIONS
  • Learn how to follow up on transactions and
    cultivate relationships with your customers.
  • How much do you know about inter-cultural
    relationship (i.e. in some culture a polite yes
    could meant no thank you?

20
CMC Consulting Group Inc
  • SELECTION OF QUALIFY CONSULTANTS
  • Avoid paying 10s of thousands of dollars upfront
    fee without a clearly spelled out contractual
    engagements before your Company made the first
    of sales

21
CMC Consulting Group Inc
  • SELECTION OF QUALIFY CONSULTANTS
  • Who are their current clients?
  • Can you contact their current clients?

22
CMC Consulting Group Inc
  • SELECTION OF QUALIFY CONSULTANTS
  • When doing business in China, feasibility study
    and due diligence are crucial.
  • CMC can provide both services

23
CMC Consulting Group Inc
  • SELECTION OF QUALIFY CONSULTANTS
  • Does your consultant has offices or agents in the
    market your are planning to enter?
  • A know all consultant is a RED flag (i.e.
    someone say they know everything about China)

24
CMC Consulting Group Inc
  • Thank you
  • Johnson W. K. Choi, MBA, RFC.
  • Executive VP CFO
  • For more information, please contact us
  • CMC Consulting Group Inc
  • 55 Merchant Street, Harbor Court, Suite 1813
  • Honolulu, Hawaii 96813, USA
  • Phone (808) 222-8183
  • Fax (808) 524-8063
  • http//www.cmcconsultinggroup.com/
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