The Entrepreneurs’ Quick Guide to Canada Imports
Taking on a new entrepreneurial business journey is exciting! You’ve built out an idea, you figured out your target market, and you got your cousin Bill to design a logo for you. Alright, not too sure about that last one, but growing a DIY business can be incredibly profitable if done correctly!
It’s certainly natural to make mistakes while working on a first-time business, but the goal is to minimize the amount of mistakes overall. On the...
Do you need to get a passport for your goods: ATA Carnet?
As a business owner looking to do temporary imports, if you’re wondering about ATA Carnets, rest assured that you are on the right track. When we chat about imports on the blog, we don’t often talk about the businesses that have a specific need for a temporary set up.
Examples of this kind of need would be if you need to bring in prototypes or product samples without being slapped with hefty duties. These imports are exempt because they ...
3 Big Mistakes That First-Time Food Importers Make
There are quite literally thousands of food products and beverages that enter into Canada -- every single day. And the industry is growing, with almost double the amount of products being imported almost doubling between 2006 and 2016.
From that, we know that there are plenty of business opportunities for first-time importers and seasoned pros alike. The industry is tricky for a few reasons (that we’ll get into), but one of the things to n...
How Does Importing Clothing Into Canada Work?
Importing clothing items into Canada? It probably does not come as a surprise that clothing items are actually one of the most commonly imported items into the nation.
However, a key thing to consider here that the duty rates average out at 17.5%. In addition to this, it’s typically one of the most legislated import types -- as demonstrated by Annex 300-B of NAFTA, where a litany of stipulations are outlined.
Another interesting consi...
How do I become an NRI in Canada?
Looking for potential customers for your business? Look no further; Canada is a huge market comprising of 37.5 million people. In consumer businesses, getting eyes on your products is one of the best ways of gaining brand awareness, and ultimately, sales.
“Growth is never by mere chance; it is the result of forces working together.”
James Cash Penney
In essence, expanding your business onto Canadian soil will drive profitability. Tha...
