Thursday, August 06, 2015

3 Ways to Reduce Risk When Importing and Exporting

Poor compliance practices can expose a small business to delays, retroactive duty assessments and penalties, which can lead to customs audits where something as simple as a recordkeeping error could trigger a $10,000 fine.  That's a pretty harrowing thought for a small business owner, especially if it happens.

With preparation and planning, you can reduce your risk and make importing and exporting a source of bottom line savings and increased revenue.

Here are three ways to do it:  Reduce Risk When Exporting and Importing

Hat tip to Paul Dillon for letting us know about this article.

No comments: