'Strategy without tactics is the slowest.route to victory. Tactics without strategy is the noice before defeat.'
Fact about Export Compliance; once the exporter has made an error, it cannot be corrected. US trade control laws, regulations, and procedures can present a daunting challenge to experienced global corporations and a disconcerting obstacle to small and medium-sized exporters. Because of the costs of noncompliance can weaken, disrupt and cripple your organization, compliance with US trade controls is smart business. BIS strongly recommends that exporters of all sizes establish an Export Management System to ensure that their employees are aware of the regulations and follow a documented procedure for each export transaction. The burden placed on the exporter for maintaining export control compliance:
L&V will develop, implement and execute an Export Management System that includes an Export Compliance Manual, product classifications, and policies & practices that strategically fit your company. You will not get lost in government minutia that doesn't apply to your business. We review your systems and supply chain and identify areas for process improvement. We can evaluate your activities for determination under the Antiboycott regulations. We can submit a request on any prohibited activity to the Commerce Department. In addition, we can conduct quarterly operational reviews of your export management system for effectiveness and efficiency.
At L&V Partners, we've been serving the accounting needs of Andover, MA and the surrounding areas for years. If you need help managing any aspect of your business's finances, we want to hear from you.
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