Customs Clearance
Customs clearance is your top focus once a shipment has departed from a particular country. Your professional reputation and bottom line are depending on you. But rather than be a source of stress, it should be an exciting time. Because the overall importing process is nearing its final stage. Take a second to pre-celebrate now […]
Food Franchises – What to Know
The statistics on hunger are quite telling. For example, 1 out of every 1 person must eat each day. Okay, that number isn’t too surprising. But it does illustrate the lucrative nature of the food franchise industry. Despite its potential, you can still benefit from a guide for selecting the best fit. You’re in the […]
Importing Medical Devices to the US: A Primer
As the medical device industry continues to grow globally, more companies are looking to import their products here. The U.S. market is one of the largest in the world, with a high demand for advanced technology. However, importing these products can be a complex process that requires careful planning. And obedience to strict regulations. In […]
What are FDD Registration States?
Entrepreneurship is an exciting endeavor. The prospect of being your own boss is appealing to even more individuals in 2023. Partly due to the success of the gig economy. But also because COVID completely changed the business landscape. However, the steps to finalize your freedom deserve careful review. Read on to decide whether you need […]
What is an Importer of Record?
New importers may believe that they should handle the entire process. All by themselves. But veteran shippers understand customs requirements demand a legal entity. We want you to join their ranks. Back in 1993, Customs and Border Protection (CBP) created the role to help you get there. An importer of record. By the end of […]
Guide to Understanding Item 19 of an FDD
Try before you buy doesn’t apply to franchises. Signing as a new franchisee pairs you with an established business. Make sure it’s a mutually beneficial partnership. You can accomplish this through patience and a thorough review of the system’s financial data. By the time we wrap up, you’ll understand the most important section of this […]
What are the Penalties for Violating Export Control Laws and Regulations
“Those vials wouldn’t happen to contain bubonic plague would they?” asked the security official. “O no sir, they are just regular diseases,” replied the college professor. Back in 2003, a teacher at Texas Tech University was subject to criminal penalties for lying about vials from Tanzania. His willful violation resulted in 2 years of prison […]
Can a Franchisee Terminate a Franchise Agreement?
Most franchise agreements yield positive results. For both a franchisee and franchisor. But as with any business relationship, there may arise a need to terminate the contract. Don’t worry, it happens. We’ll outline the two common ways this occurs and offer advice on ending it peacefully. That’s surely what you want. Keep reading to remove […]
