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November 2018

Investment Tips

The Undeniable Benefits of Working with a Customs Broker

by Bayne Rradel on

Are you an independent business owner who deals with international trade? Trading internationally can be pretty frustrating for beginners, especially considering that every country has its own set of customs laws revolving around international trade. If you’re not aware of every single law that a country has, then international trade can become extremely tricky.

When you’re in the middle of a large deal, having to find the time to learn about the country’s laws can be unbelievably time-consuming. Instead of trying to study all of the laws in each individual country, you could hire a customs broker to do the work for you. If you’ve never considered hiring a customs broker, keep reading to discover how doing so can greatly benefit your company.

Getting the Work Done

An incredible amount of paperwork is involved in international trade. Customs brokers know which papers need to be filed, when they need to be filed, and the agency they should be filed with. Because of their knowledge, they’re able to file paperwork as soon as it needs to be filed, which ensures that none of your deals will ever be delayed because of an issue with the paperwork.

International Relations

Customs brokers know exactly how to handle the interactions that need to happen with the customs department of every country that you have business with. They file the necessary documents to each government agency that you work with on your behalf, saving you time and frustration. If at any time you turn out to be noncompliant with a country’s policies, then the fault would lie with the broker and not with you.

Cargo Tracking

Customs brokers have constant direct contact with the customs officials in other countries on your behalf. They’re able to locate all of your cargo for you whenever you need it, which is especially convenient when you’re working from a different time zone.

The Calculations Are Done for You

Every single country in the world has their own set of tariffs that they follow. A customs brokerage in Sydney will calculate all of the additional money that you have to pay, ensuring that you won’t be paying too much and preventing you from getting into a sticky situation because you didn’t pay enough money.

They Can Help You Out with the Market

One of the greatest perks of hiring brokers is their ability to help you explore new markets. The brokers you choose to hire will understand the business that you’re involved with and they can point you in the right direction when it comes to new avenues of trade, especially if you’re trying to figure out which new markets are going to be beneficial to your company.

When you’re the owner of a company, you have to be aware of the inner workings in your field of industry. Hiring a customs broker can take a lot of the guesswork and responsibility off of your hands and into the hands of a qualified professional.

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Management

How Beneficial Is Third Party Corporate Training for Your Career?

by Bayne Rradel on

One of the challenges that many people face in the corporate environment is remaining interested in what they are doing. At the beginning, most people want to progress and get promoted, but over time they can become rather jaded. This loss of interest can become a habit and can result in less productivity. It can also mean that business leaders simply switch off when it comes to promoting those people.

Using Training to Gain the Edge

One of the best ways to add value to your corporate profile is to participate in third party training courses. There are, in fact, a number of specialist education companies that specialise in offering and running courses such as: HR management course, PR courses, succession planning strategies, project management, and so on.

Many corporations will get in touch with these educational companies and organise for them to run courses. In many cases, they are paid for by the corporation and offered to employees. So, why should you participate in the next round of training courses? Consider the following benefits:

  • Skill upgrades: If you have lost interest in your job, it might be because you’re not being challenged. You may already have mastery of your role, and this might be causing some degree of boredom. One of the best ways to combat this is to upgrade and learn new skills. This can be in anything from HR management to public relations training. When you learn a raft of new skills, you also become more personally engaged in the job.
  • Increased value: Employees who attend training courses and learn new skills for new roles are regarded as more valuable by the company. If you have been doing the same job for a number of years, but you have learned a new set of skills through a training course, you offer more intrinsic value to your organisation.
  • Flexibility: A corporation’s greatest asset is its employees. When employees are more competent and highly skilled, the organisation as a whole is more flexible. What this means is that these more highly skilled employees can cover additional roles. From the organisation’s perspective, this is very valuable because absent employees become less of a liability when other staff members can cover their roles.

Making Yourself More Valuable

The skill and experience of a staff cohort is one of the biggest assets that any organisation can have. When the staff cohort is more flexible and highly skilled, the organisation as a whole is more robust and agile. This may even translate to a more positive brand perception by the public.

If you want to advance your career, challenge yourself in new roles, and increase your value to your organisation, attending and participating fully in third part education courses is a great way to achieve this. Whether it is HR management training, public relations training, record keeping, or project management, corporate training courses offer a lot of value to both employees and the employer.

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Finance

Great Reasons That You Should Hire an Accountant

by Bayne Rradel on

Are you a business owner who gets stressed out about having to deal with your finances? If so, there’s a great way for you to hand over the tedious work to a qualified professional. A lot of business owners believe that hiring an accountant is an unnecessary expense, but the reality of the situation is that hiring an accountant can actually save you quite a bit of money, or even make you more money. If you’ve never thought about hiring an accountant, or if you’ve always thought it was a waste of your hard earned money, keep reading to discover the unbelievable benefits of hiring an accountant.

Gain Some Free Time

As a business owner, every minute that you get to spend with your family is precious. It feels like you can’t seem to find the time to do the things that you enjoy doing, especially if you’re having to deal with your finances all of the time. Hiring an accountant will give you the ability to free up a lot of your time by putting your finances into more capable hands.

Tax Matters

A business owner has to pay closer attention to his or her taxes than anyone else. It can be extremely stressful to get your quarterly taxes together, not to mention the ones that you do annually. Hiring an accountant will not only allow you to give some of the stress of being a business owner to another person, but a qualified accountant will also be able to show you where you can save money when filing your taxes. If you’d like to release some of the pressure in your life, check out https://bap-international.com/ to speak to a qualified professional.

Reduce Your Spending

A great accountant will not only be able to take care of tracking all of your expenses, but he or she will also be able to see your trends and help you find out where you can save money. Your accountant can point out where you’re spending money unnecessarily, such as buying too much inventory or spending money frivolously.

Give Advice

When you hire an accountant, you’re hiring someone that can give you sound financial advice. They can point you in the right direction when it comes to investments and can tell you when the best time is to pull out of business venture. If you’re looking for help on finding worthwhile investments, then make sure to contact an accounting agency as soon as possible.

Handle the Books

One of the most time-consuming aspects of being a business owner is making sure that your financial books are in order at all times. When you hire an accountant, he or she will be able to take care of your books for you, leaving you with extra time to take up a new hobby or relax.

If you’re tired of stressing out over numbers, then it might just be in your best interest to hire an accountant. If you’re still unsure, schedule an appointment with an accountant to find out how he or she can help out your business.

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