Product Selection of a business plan
What kind of export controls are placed on selling the company’sproduct to the target market? Is there a validated export licenserequired to export the product to the target market or can theproduct be exported under a NLR (no license required) provision? Ifproduct needs a validated license, will licensing requirementshinder export efforts?
Are there government regulations or standards in the targetmarket (e.g., requirements on material contents, labelingrequirements, electric current cycles and voltage, environmentalstandards, CE marking requirements, ISO compliance)? Can thecompany easily fulfill these standards or regulations?
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