Thursday, January 22, 2015

International Trade Plays a Key Role in Small Business Success

©iStock/Lee Yiu Tung
Why does trade matter for small businesses, entrepreneurs, and for our country?
While many think trade is the domain of big business, 98 percent of the 300,000 American companies that export are small and medium-sized businesses. These firms account for one-third of U.S. merchandise exports, according to the U.S. Department of Commerce. The number of small and mid-sized companies that export has nearly tripled over the past two decades.
The fact of the matter is that international trade plays a key role in small business success.

Read the entire article:  The little-noticed role of trade in small business success. 

1 comment:

Anonymous said...

My own case can be the proof of this topic. I earned the first gold by trading with foreign countries, especially China (well, everyone knows why). Now I am running a new business with the website www.lifome.com to showcase my products & services. This represents the trend of future commercial mode. Cool, isn't it?