FTS Associates
bringing the world into focus for exporters and importers
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Export and Import Regulations, Logistics, INCOTERMS 2000 Training and Consulting Services

Through its series of training courses and various consulting services, FTS is bringing the world into focus for many exporters and importers.

International markets provide real opportunities for manufacturers, their suppliers, freight agents, freight carriers, financial institutions, and others involved with export and import trade. Specifically, exporting means jobs! Those that do export generally become less dependent on their domestic base, diversify their product offering, increase profitability and grow their businesses.

That's the good news!

The reality is that exporting is a challenge, but not an impossible one. In addition to cultural differences, language barriers, time zone differences, there's the challenge of getting your product safely and legally to its intended destination, within the time frame agreed upon at the cost you expected to pay, and then getting paid for it. Some avoid legitimate markets because they are unsure and don't want to violate possible export regulations. Many prospective exporters may not want to proceed because they don't know what hidden costs are waiting for them around the bend.                                                  

Being unaware of these following details is where you start to see your profit margin erode.

  1. Commonly used trading terms, referred to as INCOTERMS,
  2. Product classifications such as Schedule B, or its counterpart, the Harmonized Tariff System, and the Export Control Classification Number ("ECCN") needed for the exportation of civilian or dual use goods, technology or software
  3. Export documentation,
  4. The federal export and import regulations affecting your products,
  5. Shipping and logistics practices,
  6. International financing instruments, and
  7. Destination Customs formalities.

It doesn't have to be that way! Contact us to learn more about our export & import training programs and consulting services.

   

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