|©2017 Laurel J. Delaney. All rights reserved.|
Saturday, February 18, 2017
Friday, February 17, 2017
“More than ninety percent of trucking is made up of small businesses,” said OOIDA executive vice president, Todd Spencer. “Our hope going forward is to have more recognition and appreciation for the unique contributions that small business truckers add to the prosperity of the U.S and the economy.”OOIDA was established in 1973. Linda McMahon was sworn in as SBA leader after Trump was voted in as President of the United States.
Read more at Go By Truck Global News
Thursday, February 16, 2017
Wednesday, February 15, 2017
"More than 63 per cent of British small and medium sized enterprises (SMEs) are exporting and making a significant contribution to rising international trade by taking advantage of declines in the value of the pound, reveals new research of exporting SMEs by FedEx Express."
"The UPS European SME Exporting Insights survey draws on the views of more than 12,800 owners and directors of SMEs in eight European countries. The research shows more small business owners are exporting, and reporting above average revenue growth."
For the FedEx study, "2015 European SME Export Report," visit: http://images.fedex.com/downloads/small-business/FedEx_EuropeanSMEExportReport_July15.pdf
For the UPS report, "2016 European SME Exporting Insights Study," visit: https://www.pressroom.ups.com/assets/pdf/pressroom/white%20paper/European%20Exports%20Study_2017_0118_FinalUKPanEU.pdf
Tuesday, February 14, 2017
- 84% of U.S. SMEs visit bank branches to make deposits, according to a new survey by Mercator Advisory Group that examined how small business owners interact with their banks.
- 76.2% of Australian SMEs say they are confident in their prospects for the next three months, said the Bankwest Future of Business: 2017 Outlook report.
- 67% of U.K. small business accountants say better integration of software is a key focus for them this year, even more important than replacing physical paper forms with digital ones, the latest report from Exact said.
- 66% of U.K. SMEs expect revenue growth of at least 4% this year, said American Express’ Global SME Pulse report.
- 48% of South African small businesses are negatively impacted by late B2B payments, the latest analysis from Xero found.
- 24% of big U.S. banks approved small business loans last month, Biz2Credit found in its most recent Small Business Lending Index.
Monday, February 13, 2017
- How to take an alcohol business global (webinar 3/8).
- What does American business on-shoring do for international business?
- How to win global e-commerce shoppers in China.
- Speaking of global e-commerce, here's a report predicting it will grow at twice the rate of domestic e-commerce through 2020.
- How to get your small business booming in global markets.
- How the founder of McDonald's, Ray Kroc, turned the enterprise into a global phenomenon.
Saturday, February 11, 2017
Friday, February 10, 2017
Small Business Trends covers it all here.
Thursday, February 09, 2017
The criteria for making this determination was the richness of experiences, the depth of knowledge and the breadth of all aspects entrepreneurial. These are entrepreneurs that have chased the same goal as your business and successfully succeeded both personally and professionally.Discover the other great blogs featured here. We are in good company. Thank you to Deskhub, a coworking and office space, for putting the list together.
Wednesday, February 08, 2017
According to CEO & Founder of Startup Professionals, Inc., Martin Zwilling, there are six key risk factors when scaling a business to go global. He bases the article below on NYU Stern School of Business scholar and leader Robert Salomon's recent book, “Global Vision." The six factors are as follows:
- Size market potential granularly based on local economics.
- Assume large and frequent economic swings.
- Currency exchange fluctuations can wipe out gains.
- Factor in basic infrastructure quality and services.
- Evaluate the political climate and operational processes.
- Honor cultural sensitivities and assumptions.
Tuesday, February 07, 2017
It's understood the Daniel Andrews state government has provided a number of "incentives" to Alibaba to set up its Australia-New Zealand headquarters in Melbourne but the ecommerce giant refused to reveal the exact nature of these concessions or the size of the investment.Read more here.
Monday, February 06, 2017
- The importance of global brand ambassadors (webinar on 3/8 - n/c).
- USA President Trump's plan to fuel small business growth.
- Can Xero, the cloud accounting provider, rewire the global economy?
- Weak dollar, strong dollar: what it means for small business exporters.
- Will Canada lead the new global economy?
- How the World Bank sees stronger global economic prospects along the horizon.
Saturday, February 04, 2017
Friday, February 03, 2017
During her conversations, men would say, "we will go global in 18 months" or "we're the market leaders in this field." Whereas, when she interviewed women, they expressed finding a work/life balance, having control over their own lives and, hiring people.
Regardless, small business owners march to their own drums.
In closing, Bhakthi Puvanenthiran says:
Sole traders, small businesses and start-ups are carving out a much bigger part of the economic pie. They deserve all the support they can get.Read more here.
Thursday, February 02, 2017
Take Caterpillar Inc. with their HQ office located in rural Peoria, Illinois. There has been a lot of talk lately on whether it might be better suited for Cat to take its business to a bigger city in Illinois, like downtown Chicago. Here's the latest:
The plans to build a new office complex in Downtown Peoria have been scrapped [1/31/17], and the company will move its global headquarters to the Chicago area by the end of the year. -- Source: Journal StarWill Peoria still be the center of the universe for Caterpillar? After all, they want to remain local and global. If you are a customer based in India, do you think it makes a difference? A lot depends on where a specific product is manufactured -- Brazil, the UK or downtown Chicago? Your guess is as good as mine.
Wednesday, February 01, 2017
President Trump signed an executive action Monday (1/30/17) that will result in a reduction of federal regulations on small businesses. He said the executive action would “knock out two regulations for every new regulation” adopted by federal agencies.We are not inclined to hold our breath on what comes next concerning international trade.
Read more here.