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Karen
Unregistered




Why all the Fear about Regulatory Compliance?
      #507 - Thu Apr 05 2007 12:30 PM (69.107.63.179)

I am so sick and tired of having companies call me trying to scare me about my regulatory compliance needs.

Why is everyone suddenly pushing this?

Karen W.
Cedar Canyon Cellars


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TheresaAdministrator
Active Club Management


Reged: Apr 21 2006
Posts: 396
Re: Why all the Fear about Regulatory Compliance? [Re: Karen]
      #1108 - Sat Jul 07 2007 10:16 AM (69.107.50.162)

Karen,

Formerly, compliance reporting and respective taxes were based on each individual business's "honesty" in reporting to each respective State exactly what was sold and shipped into the State. If the winery chose not to report the sales it was not difficult for shipments to fly "under the radar".

These days, shippers are required to report to each State the items (wine in your case) that are shipped into the State as well as the details. This makes it possible for each State to track sales tax and permits back to the wineries.

Why the fear? It is a sales tactic and there is money to be made by people who sell compliance services.

Don't be afraid. You can start by shipping to States that do not require complicated compliance requirements and expand into other States as they become profitable for you.

We have also spoken with the team at www.WineryComplaincePro.com. They actually have a calculator on their website that can help you estimate costs and break even points for when a outsourced solution would make sense.

There are a lot of options for compliance -
Good Luck!
Theresa
Active Club Management
925-447-CLUB (2582)

www.activeclubmanagement.com
www.acmwineclubsoftware.com
www.wineclubsoftware.net

Edited by Theresa (Fri Oct 19 2007 10:58 AM)


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Leroy Lucas
Unregistered




Re: Why all the Fear about Regulatory Compliance? [Re: Karen]
      #1109 - Sat Jul 07 2007 11:26 AM (64.174.26.4)

I agree with Theresa,
Compliance is a part of the cost of doing business but there is no need for panic. The states are using technology to track shipments and using this data to verify winery reports. The states can impose penalty fees and interest and they can bring legal action. This is evolving over time and states recognize that wineries are still learning. If you have not folded compliance requirements into your business processes I suggest you start now. There are 3 areas of Compliance to focus on; 1) Getting permits to legally ship to states, 2) Reporting on what you shipped, 3) Insuring you follow the state rules for shipping limits and restrictions. Use the ROI calculator at our site to determine if it makes sense to invest in compliance solutions www.winecompliancepro.com We also offer consulting services. The states themselves are also good resources of information.

Leroy Lucas -


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TheresaAdministrator
Active Club Management


Reged: Apr 21 2006
Posts: 396
Re: Why all the Fear about Regulatory Compliance? [Re: Leroy Lucas]
      #2044 - Sun Sep 16 2007 11:50 AM (69.107.48.21)

Thank you Leroy.

Leroy and his team have been working in compliance for many years. They have a streamlined solution that is working well for large and small companies.

I found the calculator on the winecompliancepro.com site very useful to see just how much time was being spent on compliance and at what point it made sense to contract a bit of help.

Thank you Leroy!

Theresa Dorr
Active Club Management
925-447-CLUB (2582)
www.activeclubmanagement.com
www.wineclubsoftware.net
www.acmwineclubsoftware.net


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Unregistered




Re: Why all the Fear about Regulatory Compliance? [Re: Theresa]
      #2476 - Fri Oct 19 2007 02:58 PM (69.107.72.18)

Compliance has been a huge challenge for us. You are right! When everything is boiled down, we don't have to ship to all 50 States. We can add States as we can add the respective support.

Thanks!

Carolina

Edited by Theresa (Mon Oct 22 2007 02:12 PM)


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