When Safeguarding Your Business - Don't Forget About Customs Audits
As business owners, we spend a good amount of time and energy safeguarding our businesses. Every year, we bring in professionals to audit our operations related to human resources, finances and employee safety among other areas, to ensure that we're on the up-and-up, our people and our processes are taken care of and, if inspected at any point, we can avoid penalties. It's a part of responsibly running a business.
If you're an importer, there's a great deal of merit in taking the same precautions in regards to your import processes. Just as in the areas of your business listed above, unless you have dedicated expertise in those disciplines, it is unlikely that you'll be able to keep up with the ever-changing Customs regulatory environment and free trade opportunities. A professional auditor can help create detailed compliance programs specific to your company, products, and internal systems, providing you with the best practices to mitigate your risk exposure. In the world of Customs, risk exposure can be particularly costly.
More and more manufacturers and distributors are expanding into the global market. There's more to it than pinpointing new suppliers or customers, though. Your company's understanding of regulatory compliance, global trade laws and free trade opportunities can mean the difference between success and failure. An audit will provide real insights you can use to not only protect yourself from costly violations, but to find ways to strengthen your supply chain and enhance your processes.
At Welke Customs Brokers, we call our customer service "Concierge Care," because our work is built on creating a relationship with you. Our snapshot audit of your import processes will help you to assess your current status, and give you an analysis of your compliance gaps and trade opportunities. Call us today at 716-995-2900 (U.S.) or 800-503-7770 (Canada) to talk about Customs compliance!