Perishable Goods: Which Permits You Should Have

These permissions need to be done accordingly to your products' nature.

We’re always looking for new business opportunities. As globalization continues to spread worldwide, international commercial trade has increased over the years. With it, the amount of people and companies looking for a chance to import merchandise into the U.S. from abroad has increased as well. Whether you’re a citizen of this country or not, if you want to ship food to American territory, you must be familiar with some general requirements the government will ask so you can you bring your goods into the U.S successfully.

The more you know how these processes function, the easiest it will be. The permits and regulations we list here are the same ones needed to transport any perishable good inside the U.S. Still, many common mistakes made by importers provoke shipment detention in American ports of entry and delays in products' deliveries. People could actually avoid many of these issues by investigating which are the detailed requirements set by the government depending on which type of good is being transported.

So Where Do the Procedures Begin?

Whatever it is that you wish to import and then transport, it all has to get approved by the U.S. Customs and Border Protection, better known as the CBP, once it has made it to the ports. Apart from this, if you want to import perishable foods, one of the first things you need to do is register your shipment and notify it to the Food and Drug Administration, abbreviated as the FDA, before arrival. Facilities that handle and produce these goods must be registered in the FDA as well.

Please take notice that some perishable foods are also regulated by the United States Department of Agriculture (USDA). Some of these are meat, poultry, fruits, and vegetables or products made with eggs. To get the permits needed to transport these type of goods, you must register them 30 days before the first shipment arrives. Typically, these procedures must only be done once, unless the laws or rules applying to them change. For more information regarding the USDA specifics, you can visit their web page right here.

However, you will always need to notify the FDA prior arrival. You can do it no more than five days and no less than 2 hours before the shipment gets to land. If the shipment is arriving by ship, you must notify no less than 8 hours before. The questionnaire you’ll have to fill and the information needed for Prior Notice for Food Articles can be accessed here.

Once your shipment has made it to an American port, it will not have legally entered U.S. territory unless the CBP grants it access. Only owners or purchasers of merchandise can request this permit at the port within 15 days from the arrival's date. There, you will have to file your duties and documentation, pay correspondent fees, and arrange transportation.

The best thing you can do is contact your nearest port to have a better understanding of the documentation and regulations that rule specific products, including different forms, fees, and permits. Locate a port on the CBP web page to get more information.  

General Recommendations

Importing merchandise into the U.S. can be a quite complex process. If you don’t submit products' information and all necessary permits correctly, it can result in a very inconvenient delay to release your shipment and obtain an approval of the FDA or the CBP. To avoid some of these problems, you should always have at hand all information regarding the products. This includes:

• Information about the specifics of the products being shipped.
• Manufacturer information.
• Products codes.
• Accurate quantities.
• Correct shipper and country of origin information.
• Correct destination information.
• Merchandise's values, along with exchange rate.
• Container’s dimensions.
• Property rights’ contracts.

If you fail to provide any of this information correctly, then your shipment will most surely be detained at U.S. ports upon arrival. The government needs all this data to confirm that the commodities or products you’re importing are safe and comply with all the sanitary and commercial regulations established.

The good news is that a huge part of this information can be accessed via the Internet, including Frequently Asked Questions, contact numbers, and guides. In Coagro Corp, we’re here to help! Our vast experience in the business guarantee safe imports and shipments. Start working with our products and grow your business thanks to our services' quality and professionalism!

These products require particular transportation methods, but also proper permissions and licenses.

---

Facebook: Coagrocorp

Twitter: CoagroCorp

Instagram: Coagrocorp

Website: www.coagrocorp.com

Define if Your Cross-Border Taxation Is Done Correctly

Cross-border taxes are collected in a particular way.

As international markets keep growing each day, governments across the world are adapting their taxes’ policies to guarantee more transparent and efficient market trades. When starting in this business, or when acquiring foreign properties, people often find an obstacle in their lack of knowledge about cross-border policies and taxation's processes. What do you need? How is it calculated? Where do you pay? Whether you are a foreigner or not, all of these factors and more are vital issues that you must address before starting your first international trade in the U.S.

The first thing you need to know is that U.S. citizens are taxable on their worldwide income. There is no distinction between earnings that come from business or investments inside American territory and those that come from outside. Based on this, two types of international exchanges can be done. “Outbound transactions” respond to transactions made by U.S. taxpayers in other countries and “inbound transactions” are those made by foreigners within the United States.

In outbound transactions, the government captures foreign income for U.S. tax purposes and prevents tax avoidance through the use of foreign entities.  In the inbound transactions case, taxes apply to the income that comes from sources within the U.S.

Tax Treaties Exceptions

Now, you can review cross-border taxation's general rules in the Internal Revenue Code. However, these rules might not apply depending on whether if the United States has a tax treaty with the country with which transactions take place. Because of tax treaties, you might be taxed at a reduced rate or be exempt from U.S. income taxes on certain items you receive from sources within the United States.

It’s vital to understand where your taxes should be paid because you could be taxed twice from two different countries at the same time, provoking money loss in the process. In any case, you should always hire a tax specialist that understands the treaties and rules that apply to different countries when trading with the U.S.

This will help you define if your taxes are done correctly. You should watch out for different forms that must be filled according to your state of residency in the U.S., as well as currency exchange and transaction prices. Another thing to take into account is whether if you have financial assets in foreign institutions. If those assets exceed the amount of $55,000, you must report them as well.

How Important Is It to Do It Well?

The consequences of badly done taxation reports can be immensely severe for your business. From significant penalties and interest rates that can cost you thousands of dollars to a damaged reputation. International taxes can give many people terrible headaches if they don’t know how to handle them. Don’t hire just a tax specialist, hire a person specialized in the cross-border relation between those countries you are working with, someone who understands the complexities behind every treaty and every exception.

This inversion could save you thousands of dollars and help you build a better reputation with your clients, stakeholders and financial institutions. In the globalized world we live in today, even if you’re a small firm, you should know how to handle taxation to give a better service to your clients. With the purpose of identifying critical issues and creating a plan ahead of time, you must be aware of which are the obligations generated by taxes. Everything from entities involved to the proper filling of every form can affect the taxation of cross-border income.

In Coagro Corp we’re ready to deal with every international transaction to guarantee our clients satisfactory results. Our team is prepared to work all the details, as well as advising you on the process. Give us a call and let us start building an enduring and trustworthy partnership!

When you work with taxation, you need to comprehend how these are made to succeed commercially.

---

Facebook: Coagrocorp

Twitter: CoagroCorp

Instagram: Coagrocorp

Website: www.coagrocorp.com

What’s a Commodity, an Equity and Currency

The more you know about these words, the better your business will do.

If you’re starting to take an interest in the commodity market, then you should probably know when it is better to invest, buy or wait. Learning how markets work will give you a comprehensive understanding of what to expect from economy's fluctuant moves and it will grant you better overall results in your business, with possibilities of earning or saving money accordingly.

In this regard, it’s vital to know some basic terms by which the market operates and the intrinsic bonds between them. That’s when "commodity," "equity," and "currency" markets come into play. First, let’s understand what they mean and how they work, to see if they actually affect each other in any way and how you can predict those changes.

The term "commodity market" refers to the trading, buying or selling of raw or primary products. These products are classified into two types: hard commodities, which are typically natural resources, like gold and oil; and soft commodities, which are agricultural products or livestock. If you want to invest in it, there are various ways in which you can do so. The most direct and simple method to do it is by ensuring future contracts with holders. This will obligate them to sell their products at a predetermined price and deliver them at a specific date.

A more indirect way to invest is by purchasing stock in corporations that depend on commodities' prices. This is where we see the first relation between commodity and equity markets and how they behave. The equity market, also known as the stock market, is much more abstract than the commodities one. It refers to the issuing and trade of stock, bonds, and other securities of publicly or privately held companies.

The thing is that the equity market is highly globalized and susceptible to changes in the political scene (like wars in any part of the world), economic systems, and technological progress. On the other hand, commodities are much more stable, being strongly regulated by supply and demand. That way, when there’s higher demand, prices go up and investment increases, leading to an excess of supply, which will then lower prices again in a cyclic way.

Having said that, commodity and equity markets inverse each other. When commodities prices are up, companies’ operative expenses increase as well because many of them include commodity expenses. This results in lower earnings for them, and it will generally lead to a decline in stock prices.

Currency market must also be taken into account. In periods of economic slowdown, both the commodity's and stock's market will suffer as there will be lower profit for all businesses. The currency market is directly affected by economy's strength. If you’re interested in exporting commodities, falling currencies around the world could grant you better earnings in trades. However, the commodity market’s advantage is that it allows you to invest in gold, which is safer from currency's fluctuations and better to be used as a backup in any case.

Be sure to stay updated with our content to keep learning about the virtues of the commodity markets and how to invest! In Coagro Corp, we’re ready to offer to counsel so you can dive into the market with your eyes set on success. Contact us and start investing!

Terms such as "Equity," "Commodity" and "Market's currency," are essential if you work in tradings. 

---

Facebook: Coagrocorp

Twitter: CoagroCorp

Instagram: Coagrocorp

Website: www.coagrocorp.com

Online Business: How to Grow Your Business

Working with online alternatives helps you reach clients through new platforms.

In this times, where technology has come so far, it’s very important for your business to manage online tools to offer clients the best and to keep on the cutting edge. Commodities business doesn't escape this. When you work in this field, you join the necessity of making your business an online business to grow continuously, gain visibility, and reach a new target audience. Whether you are starting out or you have a lot of time in this business, you have to know what you need to join the online business world and how can this help you grow.

How to transform your business?

There are many things you can and must do to transform into an online business. Some of them are free and others not, but it’s up to you choosing which of these measures are better for your business.

Blogging: creating a blog helps you to connect directly with your clients. However, you need to remember that, to become an efficient blogger, it’s important to keep your stream frequently updated, delivering a regular amount of valuable information. As long as your clients find real value in the information you show, your blog will grow slowly over time and become a key to engagement between you and your clients. In the commodity field, this helps client know and explore the business, establishing your company as a reliable information’s source.

SEO your website: when you have already created your website (or blog), the second step is to make sure it's search engine friendly. Applying SEO implies a set of changes you need to do on your website so search engines can understand it and you increase your chances of receiving traffic from them.

Social Media: embracing social media has become a necessary investment in this business. You need to be on as many social media as possible: having a Facebook Page, Instagram, Twitter and LikedIn. Social Media is one of the best and most effective ways to take your business to another level. For commodity services, this is fundamental as it allows clients to find you and contact you through different platforms. It also creates a cohesive image online that generates awareness of your service.

Online Reputation: You know how important it is your business' reputation. It's something you build with careful moves over time. It works equally on the internet. To make people trust you, you need to build a good reputation online as a trusted service. How? Providing quality services and products to your clients and treating them as nicely as you can. Trust us. It will be shown in your social media growth if you have a good or a bad online reputation.

There are many other ways in which you can take your business to the online world. It’s all up to you and your imagination. Any field of work needs a push to be more renowned, find more clients and grow every day. Using the internet's tools available you can benefit your business. You can't just let escape that opportunity! In commodities, all options are valid and can be used to boost your business, to make sure your clients know what you offer (raw material) and to inform them how to get your products.

Coagro Corp makes sure to be in everything! They give importance to all these new online tools and resources and join these social media platforms to provide more options to their clients. They have many years working, but they keep renewing as time passes, using new technologies to be on the top of the business! Contact them through their social media and website to ensure you're talking with professionals. They offer commodity and consulting services for you!

Transform your business to reach a wider audience.

---

Facebook: Coagrocorp

Twitter: CoagroCorp

Instagram: Coagrocorp

Website: www.coagrocorp.com

What’s the NIGP Code and Why You Must Know About It

These are the most important numbers your products can have.

If you are a commodities' vendor, you’re probably interested in selling your products to government's buying agencies, just as to any other type of client. That’s exactly what NIGP Codes exist for and the reason why you should have an idea of which codes apply to your commodities. NIGP stands for National Institute of Governmental Purchasing, the organization that implements them. These codes are used by the US government to classify and identify products and services, as well as companies selling them at the moment.

Apart from enabling us selling to the government, NIGP codes are also used to analyze where money is spent in every district and to route requisitions from sellers to buyers efficiently. Understanding these codes can help you be identified more easily by potential clients. Also, it’s an excellent way to classify your own stock. If you’re the one who’s interested in purchasing, it can also help you track products you need.

Every local government should have its own NIGP Code Search & Commodity Provider Search. This system can be accessed via NIGP Living Codes, and when doing it you should be able to download a file with a codes' list as well. When you select and register your own codes, you’re giving the government an opportunity to hire your services and buy your products. It’s an essential part of public procurement.

Now, these codes might be a little complicated to understand. Its structure is essentially based on a series of digits that distinguish products and services by class and item. That way, the first three numbers indicate a general description of what you’re purchasing or selling and the last two a detailed description of the product. For example, the number 620 belongs to office supplies. So it would be shown like this:

620-00: Office supplies.

For general categorization, the last two numbers will always be two zeros. For specific products, numbers will change. This way, pens' code would look like this:

620-80: Pens.

62080 will then be your code if you’re selling this specific product. You might ask yourself if there is a limit to the codes you can register, but there isn’t. However, you should delimit your codes in the most precise way if you want to keep your solicitations relevant to your business. The code we just showed above has five digits, but you can actually add up to eleven digits to specify and classify products more accurately. So it could finally look like this:

620-80-21: Pens, ball tip, retractable, refillable, all plastic barrel with metal clip.

620-80-21-035-4: fine tip, black ink, 12/box.

For more information on how codes works, updates and search engines, you can go to their website at https://www.periscopeholdings.com/nigp. You can also use them in your stores to provide your clients a precise way to look for your products and get what they want instantly. This will also help you analyze which products are being sold the most, and it will optimize the whole process.

In Coagro Corp, we’re glad to find solutions to your everyday problems in the business. By implementing methods to improve your processes, your company can grow up efficiently over time. We want to guide you through, so contact us and let’s work together on the road to success!

This code is fundamental if you're working with importations.

---

Facebook: Coagrocorp

Twitter: CoagroCorp

Instagram: Coagrocorp

Website: www.coagrocorp.com

The Fundamentals of Client's Feedback

Getting client feedback (and subsequent recommendations!) is a good way to make your business grow.

In business, there are fundamental elements for growing. As a company's owner, you need to transform into a magnet for your clients and entice them to give their excellent feedback on your brand. Within the world of commodities, this is a sure way to potentiate your chance of reaching new business opportunities. That’s why your connection with your customers becomes a relevant asset.

How to manage client’s feedback?

It is very important that you make listening to your clients a priority. You need to take enough time to understand their needs and requirements, to make them feel that their opinion really matters. It’s clear that they give a feedback on everything you create, but your work is to solicit, gather and analyze that information, which is crucial for your business.

But how can you know what do they truly think? Thanks to social media, it’s easier to get more feedback and understand what your customers want from your brand than ever before. From Twitter, Facebook, and Instagram to your own website, there are many tools that the big world of internet can offer you. Through them, clients are empowered to publicize their thoughts about a company.

Regardless the feedback you receive, the key is to act upon that to improve your products and services. After knowing what they want, find strategies that help you respond and give solutions to their necessities. Keep in mind that even a negative feedback is still a feedback. Someone took the time to write about your business when it wasn’t required of them, and that should be acknowledged.

Here we’re going to give you some tips you can use to your favor:

-       Acknowledge every response, whether it's negative or positive.

-       Always address your reply directly to the person who left the feedback.

-       Take some time to think and view every comment from their perspective. Empathize with your clients.

-       Be honest all the time. Take that as a good policy.

Getting your clients' feedback and subsequent recommendations can make your business grow. Use their feedback as a tool to remain aligned to your business' goals, to create new strategies, develop products, make services' improvements, and much more. Potentiating and ensuring a continuous feedback is the key to improve your business.

Coagro Corp is always connected with their customers through their social media, learning from their opinions to become a better company and to put in practice measures that cover all their necessities. The world of commodities works in the same way as other fields and builds up from feedback! That’s why they offer you consultant service for your business. Do not hesitate to contact them!

You need to transform into a magnet for your clients and entice them to give their excellent feedback on your brand.

---

Facebook: Coagrocorp

Twitter: CoagroCorp

Instagram: Coagrocorp

Website: www.coagrocorp.com