The foreign trade allows trade between countries. When a company considers among its objectives to export its products or services, both the collaborator and the employer need to speak English. That is the importance of having professional language training, having an English course provider for companies.
It is essential that you master the language to execute foreign negotiations smoothly, providing greater security to partners. But, in addition, the team of your company that is in charge of foreign trade must have preparation, since it will be able to assist you in managing it successfully.
Managers or senior positions dedicated to marketing within the company represent the key to assuming this role. The question is: How to achieve an improvement of English in an innovative way so that the team achieves the proposed goals? Find out everything in this guide.
Foreign trade: train collaborators or hire new staff?
It is possible to have a translator in the company who masters, in addition to English, the functions of said company. But also that he may have knowledge of the exporter's documents and correspondence.
In addition, you must know accounting, so that you can help in activities related to foreign trade. You can also use a bilingual customs translator or a public translator, who must always be related to the company.
Another possibility is to use the electronic translator, although there is a risk of losing the idea and the meaning of what it is about, because the translation is literal.
In any case, you as an employer can learn English through private classes. Take advantage of the service of English courses for companies that can adjust your schedule, or you can receive it online, thus avoiding the possible loss of time.
Train the personnel in charge of foreign trade
Thus, a worker could help communicate with foreign partners or carry out an operation that is configured in another language.
They already understand the mechanics of the company and It would be very easy for them to explain in English. This can be seen as a medium and long-term investment that would not affect the company, rather it would benefit it.
Keep in mind that for an SME it would be very expensive to have a translator all the time to only translate when exporting; this makes the products too expensive.
It is cheaper to send employees to study English and train them for when an English interpreter is needed. So It will not be just one but several translators to count on when needed.
For it, having English courses for companies is ideal, because? In addition to being economical, effective and functional, it is flexible and of high value for the company, especially in what has to do with foreign trade. Just try to choose a professional and trained service with native teachers.
Remember that, if you are already fluent in English or have notions, it is necessary to constantly train yourself, because that is how you gain an advantage over your competitors.
Level of English necessary for the management of foreign trade
To carry out conversations in English for foreign trade, it is important to consider that they cover several aspects.
First, the conversational lexicon. That is, those words that introduce the conversation in any field. As traveling? Greetings, farewells, rules of courtesy, among others, (below we will leave you a reference list).
Then we have the related linguistic structures with international trade operations. That is, vocabulary and expressions of the operation of the different customs destinations, as well as the processes of commercial agreements with other operators.
You must also know the vocabulary in English for foreign trade referring to the contracting and conditions of international sales: rates and prices, payment methods, contracting and financing conditions, extensions, discounts, delivery conditions.
Likewise, the linguistic and lexical structures linked to the forms of negotiation for foreign trade operations.
Language skills to export successfully
It has to do with the ability to be able to express with agility and correctly the grammatical structures, lexicon and vocabulary in English. And in turn, do it with agility to be an active entity in the negotiation with the interlocutor during agreements and transactions.
It is the ability to listen and recognize words, grammatical structures, their contractions and intonation in a way that will allow us to keep pace, understand their mood, and offer attractive proposals to the interlocutor and that, in turn, benefit the company. .
It is extremely important to manage the vocabulary in technical English linked to their area of work, as well as technological terms of the company's own systems that have to do with the commercial exchange process.
Make a list of those terms on foreign trade that the company uses frequently or that may appear in the conversation for being linked to the buying and selling process.
It is the ability to issue ideas, manifestations of reality, use quantitative and qualitative data to defend hypotheses or counter one.
This is essential for the fluency of English for foreign trade, since they are what allow us to close agreements and avoid making bad commercial decisions.
Foreign trade documentation in English
It is very important that you become familiar with the different documents related to management in English in its different operations so that it is not taken by surprise.
Its structure, way of writing, terminology and abbreviations are varied, depending on their purpose.
This video goes into more detail about it:
In summary, these are the fundamental documents that you or your collaborators must handle for the company's foreign trade:
- Invoicing of commercial operations: abbreviations and invoice models.
- Financial documentation and usual means of payment: documents for means of payment and financial instruments in English.
- Export / import insurance policies: There are various models of policies with their terminology.
- Business reports.
- Documentation of intra-community operations in English: tax settlement
- International certifications and approvals.
- Other business documents: order forms, delivery notes, purchase orders, claims, extensions, letters related to non-payments in their different phases.
Vocabulary for foreign trade
If you still don't speak the universal language correctly, it's time to consider some fundamental terms when negotiating. For now it has simple words; but the idea is get a greater range boost, hand in hand with English courses to companies.
- abroad – abroad
- Accounts Department – Accounting Department
- address – address
- administration – administration
- administrative – administrative
- agenda – order of the day
- agreement – agreement
- allowed – allowed
- amount – quantity
- balance – balance
- bill – account
- business – business(es)
- buyer – buyer
- charges – costs
- coin – currency
- complaint – complaint/claim
- coupon – coupon/voucher
- credit card – credit card
- currency – currency (national)
- damage – damage
- decision – decision
- delay – delay
- discount – discount
- employer – entrepreneur
- employee – employee
- expenses – expenses
- form – form
- goods – merchandise
- in stock – in stock/warehouse
- inconvenience – annoyance
- income – income/earnings
- industry – industry
- price – price
- Production Department – production department
- Proposal – proposal
- Purchasing Department – purchasing department
- Sales Department- commercial department
- Supplier – supplier
- Tax – tax
- Wholesale – wholesale
Take advantage of means of the World Trade Organization to discover more English vocabulary and gain legal knowledge
As you may have noticed, business english vocabulary it is one of the broadest and most important for a company for the sake of its globalization. And in a globalized world like today, who doesn't want to market all over the planet?
But don't worry, you're not alone. There are many professionals willing to polish their knowledge and empty their minds of everything that is necessary to carry out the baton of foreign trade in your company.
Remember that the best alternative is to have English courses for companies. This is the factor that will give you all the confidence to speak English fluently, accurately and professionally.
English Courses for Companies
Personalized, with native teachers specialized in technical vocabulary.