Customs Broker Essay Example

to transact Customs business only. The document indicates the US tax reporting number, and specifies if the importer is a corporation, partnership, sole proprietor or an individual.

 During the first year, Customs Broker Experts will concentrate on clearing shipments originating in Mexico on behalf of ABC Imports, LLC. Customs Broker Exports will concentrate on importing from Mexico during its first year because: Customs Broker Experts has extensive experience importing from this NAFTA partner. This industry continues to grow as the Latino population increases in the United States. Customs Brokers’ extensive experience and knowledge of the importing process adds value to its clientele.

Classifying merchandise to identify a product for importing can be quite complex. This type of complexity requires collaboration and coordination between a credible and experienced customs broker, the importer of record, and U. S. Customs. Customs Broker Experts will be marketing the business in a number of ways. First and foremost will be the company’s website. The website will allow for potential customers to request a rate quote online. It will also serve as tool for existing customers by providing links to relevant government websites as well as status of their merchandise during the importation process.

Customs Broker Experts will advertise in supply chain and transportation journals. The ads in these journals will provide visibility of Customs Broker Experts to manufacturers and buyers as well as importers and exporters. The company will extend their services to other importers in the following years by bidding in Request for Proposals (RFP’s) starting in the third quarter of the first year. The founder of the company, A, has 10+ years of experience in

the Supply Chain industry importing goods from Mexico, Germany, and China.

More than eight of those years were in the area of Purchasing & Inventory Management with the last two years focused in Logistics and Distribution. Having conducted business with a wide array of brokers, both foreign and domestic, over the last ten years has given Gina Gonzalez the opportunity to understand the importation process. Gina Gonzalez will lead the company as President and licensed broker. Two part-time employees and two part-time interns will be focused on the administrative process of entering and clearing entries with U. S. Customs.

The part-time employees will be junior and senior-level college students while the interns are in their freshman or sophomore year. Both the employees’ and interns’ area of study will be in International Business, Operations Management, or Supply Chain Management. A third full-time employee and part owner, C, will handle the IT operations of the business maintaining the company’s website, EDI (electronic data transmission), and ABI (Automated Broker Interface) service up to date. A fourth full-time employee will manage the account payables and receivables.

Gina Gonzalez will oversee and be very much involved in the day-to-day operations with primary focus in marketing the company. As the company prepares to expand their services into the second year, an additional part-time employee will be added as well as an additional licensed individual. Although the company can operate with one sole licensed broker, the additional licensed professional will add value to the company and act as assistant manager in the absence of A. The company will also offer current employees the opportunity to take the customs broker

exam with all exam fees sponsored by the company upon successful completion of the exam.