The Small Business Disadvantage in International Trade
While barriers to importing have fallen, regulatory complexity has not. A small business faces the same tariff classification requirements, valuation rules, and penalty provisions as a Fortune 500 company. A trade advisory firm bridges that gap.
What a Trade Advisory Firm Does
Tariff classification, duty optimization, compliance program development, customs audit support, and supply chain advisory.
The Cost of Not Having Trade Advisory Support
A small business importing $2 million annually at 10 percent average duty pays $200,000 per year. If 20 percent is based on incorrect classifications, the business is either overpaying $40,000 or facing penalty exposure of $160,000. A single classification error often costs more than a comprehensive advisory engagement.
Getting Started
Request a tariff classification review of your top 20 products. Gather your import data from your customs broker. Ask questions – the best advisory relationships are collaborative.
Ready to Take Action?
Peacock Tariff Consulting works with small businesses every day, delivering the same quality trade advisory services that multinational corporations rely on. Contact us today.
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