If you are into export and import business, then you would know the importance of hiring a good customs broker. However, if you are new to this, then you would perhaps be in greater need of hiring a good one immediately. If you have a small company, then hiring an amateur broker can suffice because he will be able to handle the nuances very well. However, if your company is comparatively larger or it deals with items that might need extra precautions and guidance every time it crosses borders, then you would do well to hire an expert one. Here are some tips to help you differentiate:
- An expert broker will already be well versed in almost all the laws, rules and regulations of both the importing as well as the exporting countries. His experience in the field will make him remember all the crucial points by heart. An amateur broker might have to go through the rule books every time there is new shipment to a new country and it would be while till he can remember them. In fact, for obvious reasons, the work done by the expert will take a lot less time.
- Next, an amateur broker will definitely take more time while filling out the invoices. There are often too many of them and it would be a while before he can do all of them at a mechanical efficiency. The filling of the invoices can be time consuming because various information like country codes, dates, weight of the shipments need to be filled in. And if there is a lot of such information, then an expert would be best suited for the job. A good customs broker will be single handedly able to take care of all the paper work required during such a transaction.
- While interviewing a prospective broker, you can ask him about the different rates of taxes and excise duties in other countries. With the help of the information that he has already gained, he would be able to tell you about quite a few of them in a blink of an eye. An amateur will be able to tell you about the most important points but might miss out on the more intricate details. An expert broker would also be good at record keeping.
All is all, these few points can help you differentiate between the two.
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