What to Know Before Buying a Franchise
Franchise ownership utilizes an established brand to build a track record. One that involves more than gross sales or company culture. Instead placing an emphasis on the legacy you’ll leave behind. For kids or grandkids to carry on your successful franchise. But’s let deal with the present for now. Continue reading and learn how to […]
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 […]
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 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 […]
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 […]
Export Restrictions to China: A Primer
Entrepreneurs have always desired to open up new international markets. But trading with nations under sanctions adds red tape. In 2020, we shipped $124.5 billion worth of goods to China. This was a 17% increase from the previous year. Since then, our business dealings with the nation have only grown. By the end of this […]
Franchise Relationship Laws
Too many hands in the cookie jar prevent everyone from eating their fill. Okay, what does this analogy have to do with your franchise? Plenty. Recent laws have affected the relationship between you and potential buyers. But there is a way to meet them and still enjoy profits. We want to educate you and reveal […]
When to Get an Export License
Trading outside of the United States is exciting. It opens you up to new markets. But it also presents unknowns. And plenty of questions. “What are some typical criteria for obtaining an export license?” Naturally, you want to resolve doubts about how regulations might affect your business. That’s why we’ll attempt to answer your most […]