The import
business can be extremely complex. International importing requires strong
knowledge of the laws and taxes that apply to trade with different countries.
Steven Marshank, President and CEO of Marshank Consulting in Ashland, Oregon,
is an expert on importing. He frequently consults with companies that are
branching out into the import business, or with individuals looking into
opening an import business. Steven Marshank also founded ClubHGH, an online
importer of generic drugs. When FDA regulations changed, he launched Talent
Compounding Pharmacy in Talent, OR, which provided low cost generic drugs.
Steven
Marshank has a long career in business development. One of his first business
endeavors was to open two Asian import businesses in California. In the 1970’s,
Steven Marshank opened Primo in San Anselmo, California, and Qadim in Westwood
Village, California. While running Primo and Qadim, Marshank learned about
importing on the job. He did not have much formal training before he went into
the import business, but he quickly learned that importing required great
diplomacy and attention to detail. Steven Marshank enjoyed working with
suppliers in other countries to get great art, home décor, and other objects
for his stores. However, Marshank learned that it can be challenging to predict
future needs, and that the red tape involved with importing can lead to delays.
The experience of owning Primo and Qadim helped Steven Marshank to develop
business skills specific to the import business.
After he
moved from southern California, Steven Marshank became interested in importing
gems and precious metals. It is crucial for an importer to be able to evaluate
the value of the products he imports, so Steven Marshank studied gemology at
the Gemology Institute of America. He imported gems, mostly from Asia, and
dealt in metals in the early to mid 1980s. He also had a career importing herbs
from Brazil, introducing and naming Suma which can be found in most natural
food stores today. Steven Marshank no longer runs an importing business, but he
consults through Marshank Consulting in Oregon. Now, Steven Marshank consults
with other companies in importing and business development strategies.
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