On: December 3, 2018 By: Joseph A. Robinson
Many small businesses are so busy running their day-to-day operations that they don't consider their export potential. Oftentimes they think exporting is too burdensome and the rewards are too modest. But there are many very good reasons why they should start. Here are 14 of those reasons.
On: November 28, 2018 By: David Noah
Chinese New Year has a significant impact on exporters because Chinese factories, ports and many other businesses in China actually close down during the holiday. Here's how you can prepare for Chinese New Year on February 5, 2019.
On: November 26, 2018 By: Catherine J. Petersen
In order to correctly import or export your products, you need to properly classify your goods.There are some great tools for you to use to help determine the correct classification. These will help you make decisions based on the General Rules of Interpretation of the Schedule B codes.
On: November 19, 2018 By: Becky DeStigter
In order to compete in global markets, companies must hone their export strategy to focus on those activities that will grow the most business. That may include doubling down on some of the things they're already doing. Here are strategies exporters can follow to grow their international business.
On: November 12, 2018 By: Roberto Bergami
One of the critical issues for successful importers and exporters is the timely movement of cargo across international boundaries. This is an important aspect for any business, as time is money. Slow delivery increases the price of the goods and means additional costs when running the business.
On: November 5, 2018 By: Roy Becker
There are many reasons why you may want to use a letter of credit to get paid for your export shipments. But Letters of credit can be complicated. It's important to know what you're doing to avoid delays and other frustrations. Here are 8 tips from an expert on getting paid with a letter of credit.
On: October 31, 2018 By: Lisa Nemer
Shipping Solutions Professional export documentation and compliance software includes the Data Exchange Manager (DXM) that allows you to import orders from your company's accounting, order-entry, or ERP software. Reduce the time it takes to complete your export forms while improving their accuracy.
On: October 22, 2018 By: Catherine J. Petersen
If your export customer asks for a commercial invoice with a low value for customs purposes, make sure you decline the request or you could face severe penalties. While it may seem harmless enough to make a small adjustment, the consequences can be quite large including large monetary fines.
On: October 15, 2018 By: Chris Lidberg
Of the four primary export payment options—cash in advance, open account, letters of credit, and collections—you can only forecast when you might receive payment with two of them: cash in advance and letters of credit. Payment under collections and open account is at the discretion of the buyer.
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