Monday, March 30, 2015

Today in Global Small Business: Why You Don't Need to Be Big to Be Global

©iStock/Mike_Kiev
What's affecting me, my clients, my colleagues and other global small business owners:

Saturday, March 28, 2015

Live Before You Get Too Old

©2015 Laurel J. Delaney.  All rights reserved.
"We should all start to live before we get too old." -- Marilyn Monroe

Friday, March 27, 2015

Small and Medium-Sized Practices Are a Part of a Globalization Trend

©iStock/Kzenon
Business advisory is emerging as an area of increasing importance to the growth of small and midsize practices.  According to IFAC’s Global SMP Survey, in 2013, advisory ranked third out of the four service areas in terms of the pace of projected growth.  While in 2014, advisory edged out tax (13 percent versus 11 percent) as the area most likely to drive substantial revenue increases in the coming year.

The results also indicated:
Many SMPs [small- and medium-sized practices] are part of the globalization trend, with 44 percent of the total respondents saying at least 5 percent of their clients operate internationally, while 69 percent of the largest SMPs (those with 21 or more partners and staff) said at least 5 percent of their clients are international.
For the complete survey results, click here (might require registration).

Wednesday, March 25, 2015

Taking the Hassles Out of Going Global

©iStock/F9photos
Going global is not a walk in the park and it requires thoughtful planning well in advance. What follows are 12 tips that have worked for my business and my clients’ over the years. I hope these insights will help you progress on the global front with zero headaches.

Read:  Going Global Headache-Free

Tuesday, March 24, 2015

Go East With Exports Small Businesses!

©iStock/Popartic
According to cu-authors Maria Contreras-Sweet, Karen G. Mills, Steve Preston, Hector Barreto, and Aida Alvarez, in 15 years, the Asian market is projected to be six times larger than the U.S. market. By 2030, for example, more than 2 billion Asian consumers are expected to join the global middle class.  All the more reason why:
Congressional approval of Trade Promotion Authority (TPA) and completing the Trans Pacific Partnership (TPP) sought by President Obama would constitute a significant victory for America's small businesses.
Read more:  Small Businesses Must Export East to Maintain US Leadership

About the authors:  Contreras-Sweet is the current Administrator of the U.S. Small Business Administration.  Mills led SBA from 2009 -2013; Preston from 2006-2008, Barreto from 2001-2006; and Alvarez from 1997-2000.

Monday, March 23, 2015

Today in Global Small Business: Is It True That Few Companies Actually Succeed At Going Global?

©iStock/Tns2710
What's affecting me, my clients, my colleagues and other global small business owners:

Saturday, March 21, 2015

Dreaming of Spring

"If we had no winter, the spring would not be so pleasant:  if we did not sometimes taste of adversity, prosperity would not be so welcome." -- Ann Bradstreet

Photos courtesy:  ©2015 Laurel J. Delaney.  All rights reserved.

Friday, March 20, 2015

Tips On Mastering Digital Transformation, Entering New Markets and Taking Chances

©iStock/Martiapunts
What can we learn from a team of Irish lads and ones that happen to run America's Domino's Pizza (DP)?  Plenty.  Here’s a little history on DP along with some tips on mastering digital transformation, entering new overseas markets and taking chances.

What We Can Learn from Domino's Pizza on International Expansion?

Thursday, March 19, 2015

Do You Want To Reinvent Your Company? Read On.

©iStock/Shan D. Rymer
Are you interested in importing?  Exporting?  Outsourcing?  Merging with a competitor?  Striking up a new overseas partnership?

According to Debra Williams, the answer depends on if and how you want to reinvent your company.

Read on:  Think your business is too local to go global?  Think again.

Wednesday, March 18, 2015

Finding Opportunities For American Small Businesses in Trade and Exports

©iStock/Henrischmit
For the past five years, the Global Entrepreneurship Congress (GEC) has contributed to the expansion of the global entrepreneurial ecosystem, connecting experts and entrepreneurs across borders to empower innovation and drive economic growth.

What is GEC?
GEC is an entrepreneurial ecosystem that has started to take shape around the world, connecting people across borders to unleash their ideas and transform innovation into reality—in turn growing economies and expanding human welfare.  
This marks the beginning of a new wave of cooperation among Ministers for small business and entrepreneurship in response to increasing public interest around the world in the role government and small and new businesses play in job creation, firm and capital formation, and innovation.

Learn more:  Administrator of U.S. SBA and Foreign Leaders Exchange Innovation Strategies at Global Entrepreneurship Congress in Italy

Tuesday, March 17, 2015

Happy St. Patrick's Day: Wishing You All the Joy Your Heart Can Hold

©2015 Laurel J. Delaney.  All rights reserved.
©2015 Laurel J. Delaney.  All rights reserved.
©2015 Laurel J. Delaney.  All rights reserved.
My absolute favorite day of the year -- St. Patrick's Day in Chicago -- when the Chicago River is dyed green and local folks put on a fabulous parade.  

As the late Stephen Bailey has said:
... the road from Chicago to Ireland is marked in green. From the Chicago River to the Illinois River, then to the Mississippi, up the Gulf Stream and across the Atlantic you can see the beautiful green enter the Irish Sea, clearly marking the way from Chicago to Ireland.
Have a Happy St. Patrick's Day!  Wishing you all the joy your heart can hold.  Related posts here.