International trade presents many opportunities to US firms, but many companies are not familiar with the requirements of successfully interacting with foreign entities and individuals. The expansion of global trade has enabled US firms to increase their customer and supplier base while reducing their raw material and labor costs. But firms engaged in international trade quickly learn that the rules are not the same when doing business overseas. US regulations also require US firms to comply with specific requirements for the countries where they choose to expand. ChemJays Global Trade Group can help your firm clearly understand international rules and regulations and avoid costly mistakes.
US companies engaged in global trade can also mitigate the inevitable down cycles in the domestic economy by developing business in other parts of the world that may not be subject to the same fluctuations. This was clearly demonstrated during the financial crisis of 2008. At a time when the US economy was beginning to feel the impact of the crisis, other countries were still thriving. Firms engaged in international trade were able to shift their focus to areas that continued to offer growth opportunities. Their actions helped them cushion the impact of the lower business activity experienced in the US during the crisis and subsequently grow their overall business once the US economy recovered. There is no way to predict if our economy will experience similar challenges in the future, but by developing an international portfolio, your firm can be better prepared to face those situations if they ever materialize again.
ChemJays Global Trade Group can assist your firm with a variety of international trade topics ranging from where to get started to in-depth, long-term projects on specific areas of interest to your company.
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ChemJays Global Trade Group
PO Box 81553
Cleveland, OH 44181
John Senese, President & CEO
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