Tuesday, December 01, 2015

Trends and Players Driving Cross-Border Payments

©iStock/Askold Romanov
Judging by the level of merger activity in the global payments space of late, the pendulum is swinging much more towards the buy than the build (source:  Cross-Border Commerce Drives Global Acquisition Agenda).

For more information, visit:  Cross-Border Payments Ecosystem Trends, Players

Read related article by James Gagliardi:  Cross-Border Merchants Win with Added Functionality, More Languages
Tip:  The most successful retailers are using increasingly simplified checkout functionality and allowing users to choose to experience sites in a variety of multiple languages.

Monday, November 30, 2015

Today in Global Small Business: How U.S. Exporters Get a Leg Up from TPP

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

Saturday, November 28, 2015

The Spirit of Latin America Lands With Latinicity in Chicago!

The spirit of Latin America lands in the heart of Chicago with Latinicity!  What is there not to love about food court Latinicity located at Block 37 (108 N. State)?  See for yourself.  

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

Friday, November 27, 2015

Reboot Global Trade Talks

Jack Ma, founder of Alibaba Group wants to reboot global trade talks.
“WTO 2.0,” he said in a speech at the Asia Pacific Economic Cooperation summit in Manila last week. “We should be using WTO to support small guys.” It’s the big buys that currently control the global trading system. They built it, as they alone had the resources to spread out around the globe."
He goes on to say that trade is a freedom, trade is human right and trade should not be used as a tool against other nations.

Mighty powerful words.  Besides Alibaba, who else benefits from small-business commerce?  Are we on the verge of a new trade agenda -- beyond Trans-Pacific Partnership (TPP)?

Read more:  Why the future of global trade deals could be small business

Wednesday, November 25, 2015

TPP, TPP and More on TPP

©iStock/Rawpixel Ltd
TPP stands for Trans-Pacific Partnership -- a trade agreement with 11 other countries -- and there's plenty out there on the Internet about it.  You can start with my article "Trade Agreements are Not Just about Lower Tariffs" and then move on to C. Fred Bergsten's "Op-ed:  The Trans-Pacific Partnership and Japan" (the Peterson Institute for International Economics) and take a look at a more controversial opinion piece featured recently in The New York Times "Pacific Trade and Worker Rights."

Coming soon:  Watch for an interview with Karen Kerrigan, President and CEO, Small Business & Entrepreneurship Council, on the good, the great and the exceptional about TPP.

Monday, November 23, 2015

Today in Global Small Business: Ironman Store Readies for Global Online Customers

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

Saturday, November 21, 2015

Thank you Good to Great Author Jim Collins

©2015 Laurel J. Delaney.  All rights reserved.
I am honored and humbled that Good to Great author Jim Collins asked for my input about updating his book, Beyond Entrepreneurship:  Turning Your Business Into an Enduring Great Company.  Thank you ever so much and I am sure when you update the book, it will become another best seller!

Related post:  Thank you Best-Selling Author Jim Collins!

Friday, November 20, 2015

Walmart to Source $20 Billion Worth of Products from Women Entrepreneurs Globally

Small fact:  Walmart has decided to source $20 billion worth of products from women entrepreneurs globally, every year.  That's according to Rajneesh Kumar, Vice President, Walmart India (P) Ltd.

Here's what female entrepreneurs [in Kerala, India] need to do to work with Walmart:
  • Make products of good quality that meet global standards.
  • Provide a minimum quantity of the products.
  • Be able to understand customers (since the rationale is that women make most of the decisions at home and hence women entrepreneurs will be able to understand the customers better).
Wait.  There's more.  Read on:  Walmart is ready to source products from women entrepreneurs in Kerala

Thursday, November 19, 2015

Introducing the No. 1 Nonprofit for Women Business Owners Who Want to Export

©Women Entrepreneurs GROW Global.  All rights reserved.
Women Entrepreneurs GROW Global (WEGG), a newly minted 501c(3) organization, has been launched and is committed to helping women-owned and women-led businesses increase their access to knowledge about exporting their products or services, grow their revenue, create jobs, and make an even more impactful contribution to their families and the economy.

Read the news:  New Education-based Nonprofit to Help Women Business Owners Export

Visit WEGG: http://womenentrepreneursgrowglobal.org/2015/11/18/spread-the-good-word-wegg-is-set-to-help-women-business-owners-export/.

Full disclosure:  Laurel Delaney, the creator of the Global Small Business Blog, is the Executive Director of WEGG.

Wednesday, November 18, 2015

How Companies Are Demonstrating Real Dynamism in the Global Marketplace

Being global is for any size company.  All one needs to know is how to ship overseas, use the Internet, collect or make a payment and have a great idea.  In fact, micro-multinationals, have advantages over small-to-medium-sized enterprises (SMEs). Never heard of the term micro-multinational?
Micro-multinationals enjoy advantages unavailable to SMEs operating in a single market. These include the ability to exploit global variations in knowledge, skills and labour costs. They can operate their businesses around the world and around the clock across multiple time-zones. While micro-multinationals have all the traditional benefits of being small and nimble, they have additional benefits of operating and marketing their products and services in multiple global markets.
According to Martin Davidian, Managing Director Sales UK North and Ireland, FedEx Express, micro-multinationals will change the face of global business in the years to come.

Learn more:  The rise of micro-multinationals

Another related article of a similar title:  The rise of the micro-multinational, and why it matters to the U.S. economy