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Helpful Articles - Entrepreneurship

Local Spotlight: How One Maui Business Is Pivoting in Response to COVID-19 Restrictions

As part of a plan to contain the spread of COVID-19 throughout the Hawaiian islands, Governor David Ige issued two orders that significantly impacted the way Hawaii does business: A “stay-at-home” order that took effect March 25. It both 1) required residents to limit trips outside of their homes to essential tasks and 2) shut down “non-essential” businesses. A mandatory 14-day quarantine for all arrivals to the Hawaiian islands, including interisland travelers. While the first order limited the kinds of businesses permitted to operate, the second order effectively limited the potential customer base in Hawaii to local shoppers. Although some arrivals from the mainland and […]

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5 Supply Chain Certifications to Take Your Career to the Next Level

Continuing education is an important element for succeeding in any career. Working in logistics and supply chain management is no different. Honing your skills and keeping them sharp as new trends and technologies emerge will keep you at the top of your field. Going the extra mile and pursuing a certification in supply chain management can give your career even more momentum. Adding a designation to your resume demonstrates a long-term commitment to your field, which can make you more marketable to a potential employer. Additionally, a well-respected certification can offer greater opportunities for promotions and salary bumps at your current job. Finally, continuing education […]

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Your Freight Forwarder: A Valuable Partner in Uncertain Times

It’s safe to say that the current environment is offering a host of challenges to businesses of all types. Many are seeing significant disruptions in sourcing, especially when it comes to overseas suppliers. Others are seeing demand shift unexpectedly on a dime. And still, others are seeing uncertainty in shipping methods they’ve relied on for years. Additionally, many businesses find themselves in the position of needing to manage their cash flow more aggressively than ever before. In uncertain times, planning for your future is more important than ever. Despite the current challenges, many businesses are looking ahead to a time when operations will resume. How […]

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Will the Phase 1 China Trade Deal Impact Your Company?

On January 15, 2020, U.S. President Donald Trump signed what the administration is calling “Phase 1” of a trade deal with China. If you’re importing goods from China, this initial deal may offer you some relief from the U.S. tariffs on many Chinese imports that started in 2018. That being said, many of the tariffs put in place by both the U.S. and the Chinese governments will remain. So if you’re currently doing business with China—or considering a new venture that revolves around Chinese imports—these costs will continue to affect your bottom line. Below, we’ll give you a brief rundown of what’s changed and what […]

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Want to Start a Business in Hawaii? Consider These 5 Factors

Many of Hawaii’s nine million annual visitors fall in love with the Aloha State. If you’ve experienced the magic of the Hawaiian islands as a tourist, you might find yourself sitting at the airport with a heavy heart, planning your return—not just to visit, but to make Hawaii your home. And as part of that plan, you might dream of starting your own business in the islands.    Many Hawaii residents share this entrepreneurial spirit. In fact, around 800 small businesses get started in Hawaii every year. A WalletHub study of the best small towns to start a business ranked Hilo, Hawaii, and Kahului, Maui right around the […]

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Shippers, Carriers and Consignees: Understanding All the Parties on Your Bill of Lading 

When it comes down to it, ordering and shipping freight requires a certain level of trust:   Trust that a supplier will send the goods he or she promised, in good condition.  Trust that the steamship line, truck or van line or airline will move those goods to the best of their ability, handling the freight with care.  Trust that the purchaser will receive and pay for the goods, as agreed.  That being said, all of this trust is backed up by a legal agreement between these three parties, which is documented on a bill of lading (BOL).    If you’ve ever looked at your bill of lading, you’ll see three parties named on the document. If you’re new to the logistics world, these terms […]

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