What to Keep in Mind When Finding a Canadian Distributor?
Are you searching for Canadian B2B wholesale distributors for your
business? Well, this can be a challenging but also an easy venture. But
most importantly, it’s one with great rewards if you find a reliable
distributor to partner with. One of the many reasons people source their
products from Canada is to cut costs and improve their competitive
edge.
This is something that can be seen among US businesses, more so,
those operating close to the border. They enjoy benefits such as fast
shopping, exceptional quality of products and services, and, foreign
exchange gains. Remember, the US dollar is greater than the Canadian
dollar.
But before you begin sourcing your goods from Canada, here are what
to keep in mind when finding a Canadian distributor:
Distributor Databases
To initiate your search for Canadian distributors with ease, look into
the distributor directory. In these directories, you can find all kinds of
suppliers, Canadian importers, and federal corporations. However, due
to the limited info in public distributor databases, Information Company
like Scott’s Info comes in handy. They’ll provide you with more
information about the supplier to enable you to choose the one with
the best offer.
International Transfers
The mode of payment is the most critical factor after choosing the
supplier you will work with. Irrespective of the amount you will transact,
you need a secure means of payment. Also, it must support smooth
international transfers without delays. Remember, any delay can affect
the relationship between you and the supplier.
Transport
Choosing the best means of transport for your products starts with
considering your locations. Where are you based? Where is your
distributor located? But that’s not all; also, take into account the lifespan
of the product. In this step, you can discuss the best option with your
supplier.
Regulations
Like many other countries, Canada also has regulations on goods
crossing its borders. Luckily, you can avoid most sales taxes since many
goods exported from Canada are exempted. The US being part of
NAFTA, they don’t impose taxes on many goods arriving in the country
from Canada.
But to benefit from this, there are customs regulations in the US you
must adhere to. For starters, you will need a certificate proving that your
goods are indeed from Canada.
Business Culture
While some business practices between Canada and the neighboring
countries might be similar, it’s not always the case. As such, it’s wiser to
do a background check on your target Canadian distributor before
signing the contract. Keep in mind, any slight difference in the business
culture can have a significant impact on your business relationship.
When in search of a Canadian Distributor, look towards the distributer
directory Canada database at Scott’s Info. For more information,
contact Scott’s Info today.
Source - https://www.debwan.com/blogs/234590/What-to-Keep-in-Mind-When-Finding-a-CanadianDistributor