Currency Restrictions
The vast majority of international business transactions occur between companies operating in different currencies. Many of these currencies flow freely on open markets. Many more, however, are subject to restrictions by government policies. This webinar explains how currencies can be prevented from exchange and what companies can do to navigate the volatility and risk associated with restricted currencies.
Why this matters to your business
Regardless of if your company only advertises its sales in terms of a hard currency, such as the U.S. dollar, if you sell to a buyer in a country with currency restrictions you may face difficulty getting paid.
- Every company conducting global business is subject to currency risk exposure at some level
- Learning techniques to mitigate your company’s currency risk exposure can save your company money and make you more confident, competent global players
Business challenges you may face without this knowledge
- Doing business with companies in countries with currency restrictions without knowing how to managed
- Incurring losses because of currency exposure
- Long lags in payment because of a foreign customer’s currency position
Who should watch this webinar
- Accountants and managers of companies with global business
Expert
NASBITE 0.5 CEU's
NASBITE International Certified Global Business Professionals are required to submit 10 Continuing Education Units (CEUs) per year to satisfy their yearly credential re-certification.
This training webinar will be recognized by NASBITE International as 0 CEUs
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- Currency Restrictions
- Nathaniel Ward, MA, MBA, CGBP
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Director and Trade Advisor for the Ohio SBDC Export Assistance Network - at Cleveland State University
Since 2012, Nate Ward has served as a regional Director of the Small Business Center Export Assistance Network office and Director of the Global Business Center at Cleveland State University. Nate oversees an office that provides export guidance and services to companies of a wide range of industries within a twelve-county region that stretches from Painesville to Sandusky down to Mansfield.
Nate has a decade of private sector international business experience, mostly within manufacturing. His past duties included sales, logistics, marketing, pricing, research, and product development. Nate holds a Certified Global Business Professional credential from NASBITE International. He is a nationally recognized trainer on topics of export best practices.
In addition to teaching Ohio’s global business professionals, Nate has served as a Fulbright specialist where he taught MBA students in Pune, India. He also teaches several graduate and undergraduate classes on global business topics at CSU.
Email: n.t.ward54@csuohio.edu
- https://player.vimeo.com/video/439843683/
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Key things you will learn to help your business
- A basic explanation of how currency value is influenced
- Which currencies are openly traded and which are not
- How to manage dealing with a restricted currency
- 0.5
- 19/07/2020
Expert
Nathaniel Ward, MA, MBA, CGBP
Director and Trade Advisor for the Ohio SBDC Export Assistance Network - at Cleveland State University
Since 2012, Nate Ward has served as a regional Director of the Small Business Center Export Assistance Network office and Director of the Global Business Center at Cleveland State University. Nate oversees an office that provides export guidance and services to companies of a wide range of industries within a twelve-county region that stretches from Painesville to Sandusky down to Mansfield.
Nate has a decade of private sector international business experience, mostly within manufacturing. His past duties included sales, logistics, marketing, pricing, research, and product development. Nate holds a Certified Global Business Professional credential from NASBITE International. He is a nationally recognized trainer on topics of export best practices.
In addition to teaching Ohio’s global business professionals, Nate has served as a Fulbright specialist where he taught MBA students in Pune, India. He also teaches several graduate and undergraduate classes on global business topics at CSU.
Email: n.t.ward54@csuohio.edu
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- Free Access to Live Webinars
- Continuing Education Credit Tracking
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- 1 Year Unlimited Access ($149 US)
- Live and On-Demand Webinars
- Continuing Education Credit Tracking
- Local Training Opportunities
- Expert Assistance
- 20 Free On-Demand Webinars
- Free Access to Live Webinars
- Continuing Education Credit Tracking
- Local Training Opportunities
- Expert Assistance
Comments
Would be helpful to see presenter