Among the biggest challenges firms face in going global is that of performing a rigorous analysis to determine which functions should stay at home or go global. Then, too, firms sometimes fail to clearly understand their customer bases and value propositions. If a company depends on close relationships with certain business partners or customers to deliver value, then outsourcing may create new barriers that add layers of complexity to processes—offsetting any financial gains.
The Global Small Business Blog (GSBB) was founded on July 20, 2004 by Laurel Delaney (pictured) for the purpose of helping entrepreneurs and small businesses expand their businesses internationally. It is ranked No. 1 in the world for entrepreneurs and small businesses interested in going global. Learn more about Laureland visit her company GlobeTrade.com.