Home-Based Export Trader

Overseas importers, distributors and retailers who want US-made goods and don't have a direct link to the producers.

You buy at one price and sell at a higher one, or earn a commission from the producer. Your margin has to cover shipping costs, bank fees and any unsold risk.

• Researching products and markets
• Negotiating with suppliers and buyers
• Careful with paperwork and detail
• Clear written communication

• Export controls and licensing: some goods need a license, so check the Commerce Department's rules and the Consolidated Screening List before every deal
• Payment risk: use secure terms such as a letter of credit or payment upfront, and check what trade credit insurance costs
• Import rules, duties and labeling requirements in the buyer's country
• Check whether you need general liability and cargo insurance
• Check your city or county rules on home occupation, and your HOA or lease terms

Estimates put startup costs at typically around $1,500 to $8,000, depending on the products you trade, insurance and how you set up your home office. Also check what trade credit insurance would cost for your deals.

Some goods need an export license, so check the Commerce Department's rules and the Consolidated Screening List before every deal. Also check import rules, duties and labeling requirements in the buyer's country, and your city or county home occupation rules.

Estimates suggest monthly revenue of typically around $1,000 to $6,000, depending on the products, buyers and deal sizes. Payment risk matters, so check secure terms such as a letter of credit or upfront payment. Plan for at least about 10 hours a week.