Know the size and number of containers required. js.src = "//connect.facebook.net/en_US/sdk.js#xfbml=1&version=v2.6"; Read more about. nibusinessinfo.co.uk, a free service offered by Invest Northern Ireland, is the official online channel for business advice and guidance in Northern Ireland. Scarbrough is ISPM-15 certified. It is an expensive mistake to cancel or revise container sizes once they are on the way. Your export freight forwarder should be filing EEI (AES) on your behalf, and a good forwarder will question the Schedule B if it doesn’t seem to match up with your commodity. nibusinessinfo.co.uk 0800 181 4422. Know your customer! Exporting isn't simply an add-on to your existing business. 15 (ISPM 15) is an International Phytosanitary Measure developed by the International Plant Protection Convention (IPPC) that directly addresses the need to treat wood materials of a thickness greater than 6mm, used to ship products between countries. is4profit is a leading resource for the UK’s micro, small and medium-sized enterprises. Many countries require and strongly enforce ISPM-15* rulings for all wood packaging and dunnage. Exporters are required to do due diligence prior to exporting, so be sure the export is within the scope of U.S. export regulations. This can help you identify and understand possible risks – and guard effectively against them. You need to cope with extra logistical problems, contractual issues and paperwork. Customs clearance, unforeseen tariffs, a … This is important as it allows us to be far more competitive, whilst giving us access to new technologies, manufacturers, skills and materials, all of which feed our creativity and influence new product development”, Richard Liddle, Founder and Managing Director, COHDA Design, In association with UKTI – Export for Growth, Your email address will not be published. Subscribe today and share with your team! Mexico can be a land of opportunities for all kinds of businesses. The result has been a backlash against irresponsible environmental practices, the imposition of stricter regulation, a preference for environmentally friendly products and a general insistence on sustainable solutions. Know the countries you can never ship to without an export license and the ones that have certain restrictions. Challenges Associated with Exporting: • Competition: Competitors can typically not be avoided in export markets. Alternative Business Finance: What Are the Options? Failure to understand or establish specific Incoterms could not only be costly for the shipper or consignee, but cause friction in your sales relationship. Every country has its own trading, taxation and IP systems and you will need to be willing to get to grips with those systems and adapt to them. Inexperience With Border Control And Distribution Laws. When selling goods abroad, we recommend CIF (cost, insurance freight) Terms. It’s advisable to discuss your financial position with your accountant and bank manager before committing to exporting. Ask the right questions and get to know your buyer before making an agreement. If there is a damage claim, be sure the insurance company is offered time to make an inspection of damaged goods as quickly as possible. If you would like to discuss any of your export needs with our team, don’t hesitate to contact us. If time is not allowed, be sure your buyer takes good pictures. Bedford Square To find out about our advertising rates and opportunities contact our sales manager Jonathan Seymour: Business advice from is4profit | Exporting: Challenges of Doing Business Internationally |. Talk with your forwarder to ensure you have classified your goods correctly. Don't worry, we hate spam, too! Ash Cloud Disruption Costly for Small B... Social Media Guidelines: Wings and Guard... Welsh Businesses ‘Look Towards The World... Should SMEs consider ‘super-fast’ fibre ... £1 Trillion Government Export Target Won... Government Pumps 40M into Cloud Computin... CBI President Tells Government to Confro... Exporting: Getting Ready to Trade Intern... Small Businesses Need Protection in Disp... Small Businesses Urged to Tap Into Growi... Small Businesses Need to Create Jobs No... Capital Gains Tax Rise will Deter Small... South East Small Businesses: Apply for R... Why Innovation is Crucial for Business S... Small Firms Are Overlooking Money-Saving... Exporting: The Business Benefits of Trad... Two Thirds of Small Businesses Predict A... Twitter: Does your Small Business Need i... Apprentices to be Taken on for Minimum o... Small Businesses Getting Paid 3 Weeks La... Over 5,000 Small Businesses Back Conserv... Small Business Bosses Most at Risk of ID... Green Issues Less Important in the Reces... Understanding starting a lottery business, SEO Basics for Business: Optimising Your Website for Mobile, Businesses Urged To Offer Benefits As Financial Pressure Among Staff Rises, Businesses Warned They’ll Need to Adhere to GDPR Regardless of Brexit. Exporting Challenges While the advantages of exporting by far outweigh the disadvantages, small and medium size enterprises especially face some challenges when venturing in the international marketplace. Shipper’s Letter of Instructions or BOL instructions, Any required docs by the buyer & its native country. Many forwarders check this list on a daily basis. Shipping goods to an “allowed” country that will then re-forward or re-sell your goods onto a restricted country is still considered your responsibility and liability. Furthermore, it is important to understand the benefits of working with our own EXIM Bank of the United States. If you would like to discuss any of your export needs with our team, don’t hesitate to contact us. Below are some of the most commonly cited hurdles to doing business internationally, and advice on how to overcome them. Timescales can also be an issue, with short-term ‘pay back’ not necessarily guaranteed. Export/import to Mexico can be very rewarding when … You should also be aware of some challenges you could face when exporting to the US. Every day, a new law is being passed or is getting … It is also important to take the long-term view and build appropriate timescales into your projections. Also see the small business article Help for Exporters. Read more about researching and entering overseas markets. According to Foreign Trade Regulations, Subpart H, sections 30-70 – 30.74, any party who knowingly files false or misleading information is subject to criminal penalties up to $10,000 per occurrence and/or imprisonment for up to 5 years. The barriers to success which exporters talk about most are legal and regulatory issues. var js, fjs = d.getElementsByTagName(s)[0]; Some firms also say that intellectual property (IP) protection can be an issue. Experienced freight forwarders and Trade Compliance attorneys can assist in audits or consulting to ensure your company is staying compliant with U.S. laws. For more information on how we use your data, read our privacy policy. We'll never sell your email address. For more information on the EXIM Bank, email us. fjs.parentNode.insertBefore(js, fjs); Every country has its own trading, taxation and IP systems and you will need to be willing to get to grips with those systems and adapt to them. Take very special care when communicating with them. It is always a good idea to take pictures, provide accurate packing lists, and count each piece when possible. 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