POSTS TAGGED : industry

10 Steps to Start Importing from China

When it comes to importing goods from China to the United States, getting started is the most complicated part of the process. Free trade agreements have made business exchanges between the two nations a cinch. By spending a bit of time preparing yourself for the process, you can get started in no-time at all.

tips for importing goods from China

While the process is simple, it is also an exact one. It is absolutely crucial that you follow all customs requirements and do not make any assumptions when it comes to importing goods. A small mistake can be a costly one when it comes to importing goods from anywhere in the world.…

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How “Small” Is Your Small Business?

According to a recent SBA press release, there is a proposal to revise the definition of small businesses. This redefinition of how “small” a business is, is in accordance with the Small Business Act. The establishment of size standards has two considerations.

how small is your small business

The first one is that it should have variance depending on industries to account for the differences between them and the second is that the policies set forth by the Small Business Administration should be for further help to small business concerns by encouraging them and reinforcing competitiveness. Small business concerns are defined by the Small Business Act as one that “is independently owned and operated which is not dominant in its field of operation”.…

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The Regulatory Strategy for Small Business

It is common knowledge that small business drives job growth and in hopes to generate more jobs, President Obama is ordering government agencies to consider reducing burdens on small businesses. In fact, the president urges a “government-wide review” of business regulations as stated in a Wall Street Journal Op-Ed article. This review of business regulations aims to help small business owners and this is a welcome reprieve as the industry is given a much-needed break by the government.

small business regulatory system

Striking the right balance is important in business as in life. For so long, small business owners have been stifled by different regulations apart from other risks in operating a business, such as the most recent financial woes that businesses continually find themselves in.…

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