Best Ideas 2019 features all the nominated entries submitted under ‘Submit your Idea’ category. All the entries consist of innovative solutions or propositions for an enterprise that champions the Sustainable Development Goals. They can be on the conceptual, planning, or start-up stage.
collect trade money
Explain your idea in details:
Every country promotes to Import-Export business and also support to small scale industries and entrepreneurs. But many times I saw it, lots of people make traps with fake documents and find an innocent exporter, then give order him on fake address and also give him payment surety, but when they receive goods from them, then they cannot give due payment and also changed own identity. As a result, the exporter faced big scam and get big loss. According to me, the frauduant minimized with technology and management, I will start a startup, which is helpful for new importer - exporter and small enterprises and play an intermediate role. 1) Firstly, we connect local country Import-Export broker in regional areas, small towns and cities with a Software, then as same brokers connect in another port and countries, then if a person export his goods and get our services , Then we provide these services: A) Give payment surety 100% ------->>>>> a) If an Indian person exports his products to Dubai, he gets only 30% (any amount) amount in advance, but buyer gives surety, he give 70% money when the goods are arrival in his hands (arrive at his country). But no third party or person who is responsible to collect another 70% money, it is only depends on buyers honesty. AS a result, if exporter takes our service, then our team member collects money from buyers and after that, he informs to his co-ordinate officer send payment detail and give permission to the buyer for his importing products. So, it minimized the risk in a safe way.
Expected impact of your idea on sustainable development
My idea is based on local and international trade. My main motive is encouraged to entrepreneurs, small traders and manufacturers and give them payment security. Moreover, whose want to start their own trading, then our connected people personally meet and give knowledge about import - export goods related documents, logistic and insurance.
Plans for implementation and sustainability
) [A massive 15 million dirham rice scam in Dubai has left Indian rice traders, the most affected group, scratching their heads, according to a Gulf News report (july 2019)]. We minimize this risk on nominal commission fee and provide payment security with the help of technology and management. A) Provide 100% payment security. B) Provide export-import documentation ---------->>>>>> a) Clear custom duty on your behalf. b) Provide logistic and insurance advise C) Support to small enterprises and encourage them for trading with our Free mobile app. D) If any business owner wants to get an inspection report regarding goods quality, quantity, size, and other service like packaging, branding etc. Then our team member personally provides service under our surveillance. *i have many other useful terms for my start-up
I am Parminder Singh from Hoshiarpur, Punjab (India). I have done my graduation in commerce, after that, I prepared government job exams, but unable to get jobs. Now, i decide to start my own business. So, Entrepreneurship is my passion and profession.