Wednesday, September 28, 2016
Tuesday, September 27, 2016
About 65 percent of small businesses that engage in international trade report increases in revenue, compared with 46 percent of small businesses that do not trade, according to the survey. Small businesses that trade are also 20 percent more likely to say they are hiring more employees.So why aren't more small businesses engaged in international trade?
Read more: New FedEx survey finds small, mid-sized firms bullish on trade
Monday, September 26, 2016
- Why you can't do global deals all alone.
- Two import tips that go under the radar for most business owners yet can impact a transaction in a big way.
- Five key factors you should keep top of mind when you expand your business globally.
- Learn what UK small businesses are fearful of when it comes to exporting (see whether you have the same anxiety).
- Hangzhou, home to China's largest e-commerce companies, where many benefit from the Internet.
- Coming up: The world's biggest and best Global Small Business Forum held in Chicago 10/21/16.
Saturday, September 24, 2016
Since 1989, the coolest of cool stores in Chicago. Worth a visit: https://www.reckless.com
Photo credit: ©Laurel J. Delaney. All rights reserved. Taken Friday, September 23, 2016 at 26 E. Madison Street, Chicago, IL.
Friday, September 23, 2016
"The social and moral issues are all on the side of free trade. And it is you, and people like you [a union official that challenged him on his bid to eliminate all tariffs over five years], who introduce protection who are the ones who are violating fundamental moral and social issues."
It's worthy of a look at Milton Friedman's Morals. And see what else a bad trade deal can do to our global economy.
Thursday, September 22, 2016
The report, co-authored by the National Center for the Middle Market (NCMM) and TradeUp Capital Fund, a premier fundraising platform for globalizing companies, concludes that the best opportunities for U.S. middle market companies (those with annual revenues between $10 million and $1 billion) lies in Latin America.
Surprised? So am I. To feed your curiosity and to learn the facts, visit: NCMM Report Finds that the US Middle Market is "Winning in the Americas"
While you are at it, take action on two other things that will help you expand your business internationally:
Wednesday, September 21, 2016
Here are two tips that oftentimes go under the radar: Stay Clear of These Two Import Landmines
Note: This is a new article I wrote for the About.com Import-Export Business site, which is now under The Balance brand.
Tuesday, September 20, 2016
Monday, September 19, 2016
- Small businesses confident in global economy despite upfront concerns.
- The shifting of the tides to global e-commerce.
- Why globalization is a necessity for small businesses.
- The rise of the super-stars dominating the global economy.
- Your complete guide to moving abroad to work for yourself.
- How big is the gig economy (the new world of work)?
Saturday, September 17, 2016
Friday, September 16, 2016
Here's what one small business owner says:
"A lot of people don't trust PayPal anymore. For me its not about screw-ups, technical screw-ups happen all the time, you can't get angry - it's just the society we live in. But it's the way the company has reacted and I don't think I've ever seen such a poor reaction from a massive company to its clients. We just don't feel like they care."Read more: Small businesses struggling after PayPal glitch
Thursday, September 15, 2016
According to C2FO Working Capital Outlook Survey 2016:
The majority of SMEs (55 per cent) find cash flow as the biggest obstacle for business growth and more than 40 per cent indicate an increase in working capital needs compared to last year.The survey examines the preferences of more than 1,800 SMEs in the UK, US, Germany, France and Italy for improving working capital efficiency, examining trends associated with economic and political factors, financing, working capital deployment and supplier-buyer relationships.
Read more: Tough competition, alternative financing, higher interest rates