Pretty much any time when I play golf with Jeff we’re talking business. Last time we had a really interesting talk on the course since he let me in on some of his secrets. You need to know that Jeff is definitely what I’d call “well off”, he’s very successful with his international shipping business.
He told me that his profits soared in the last 12 months and from what I understood he attributes this mainly to a certain type of export management software he’s now using in his company.
We talked a lot about this type of businesses and he told me that it’s anything but easy to manage and to handle. He said that the management part is actually the most important part of it since everything else relies on it. With the software package he got last year he was able to cut a lot of costs for the company.
The export management software he is using allows him to to more in a shorter time and a lot more effectively. He said that at first he needed to have two people just for organizing invoices, bills and documentation for custom. (He is importing and exporting goods internationally so he’s often doing business with China and other countries in Asia). Now with the freight forwarding software he could train people in his company to use it in such a way as to get things done a lot quicker.
“If you do business overseas, especially with China you need to make sure that all the papers are in order. If they ain’t you will lose a lot of money if your shipments are stuck at the borders or customs doesn’t let them through. The freight forwarding software I am using now cost me a few hundred bucks but I don’t know how much it actually saved me already. I bet it’s a fortune. So if you ever want to get into that business you need to know that”
I am really grateful since any time we play golf I learn something new.