Tuesday, March 20, 2018

The Sky is the Limit to Going Global

©iStock/Suat Gürsözlü 
In the past, successful entrepreneurs had to spend time and money hawking their wares at craft fairs or trade shows, but those days could be over. It’s possible for makers to instantly connect with a global buying community.

In this article, the author unknown, claims it is important for any business idea to be based on a strong foundation, and what this comes down to is identifying a demand that can be dynamically supplied globally.  The author addresses the following five points.
  1. Bringing great ideas together as one.
  2. Cutting out the middle men.
  3. Connecting the dots in real time.
  4. Doing much more with less.
  5. Bringing the wall down at last.
Read more about the secret weapon to go global with your idea or small business.

Monday, March 19, 2018

Today in Global Small Business: The Irish Impact Edition

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

Saturday, March 17, 2018

Best Day of the Year: St. Patrick's Day!

"May joy and peace surround you,
contentment latch your door,
and happiness be with you now
and bless you evermore!" -- Irish Blessing

Photos courtesy:  ©2018 Laurel J. Delaney.  All rights reserved.

Friday, March 16, 2018

New Global Shipping App

International express delivery services provider DHL unveils MyDHL+, an app aimed at the UAE to bring new levels of speed and simplicity to the cross-border shipping process.
Shippers ranging from small businesses to large global corporations will be able to benefit from MyDHL.
Read more about how and why DHL picked the UAE market to launch its new app.

Thursday, March 15, 2018

An Unrecognizable Brand Goes Global

Athletic Propulsion Labs (APL) is a new player from California that is climbing the ranks to take on rivals such as Nike and Adidas.  It is considered an unrecognizable brand that is going global.
APL is different from shoe brands like Nike and Adidas. These big labels have become household names and their logos are globally recognizable. But instead of competing by forcing recognition of its own logo, APL is lettings its design speak for itself.
Learn more about how APL is paying attention to its core customers and outshining the glimmer of the Nike Swoosh or the Adidas triple stripe.

Wednesday, March 14, 2018

Is Coca Cola Killing the Business of its SME Distributors?

According to information gathered by a reporter, Coca Cola Company had about twelve distributors in Sierra Leone when it first started operations.  These distributors were known as Key Distributors, some as small business owners. They were responsible for the distribution of all Coca Cola products in the country.

Fast forward to now.
There is a court case looming between the Sierra Leone Bottling Company better known as Coca Cola Company and some of its former Manual Distribution Centres Operators. These Manual Distribution Centre Owners (MDCO) who were Small Business Entrepreneurs (SME) claim that Coca Cola Company has killed their businesses instead of supporting them.
Learn more about how SMEs are taking Coca Cola to court.

Tuesday, March 13, 2018

Enabler of Global Reach

How do you shine online to survive or thrive in the global marketplace?  You take it to either Amazon or eBay.

As one business owner puts it about eBay:
Selling on the eBay platform is a natural complement to your small business, your brick-and-mortar store. And it's an enabler of global reach. And so immediately, you go from being just, you know, a store maybe based in Akron [Ohio] to a store that people can see anywhere around the world.
As national public radio station WKSU reports, the eBay Retail Revival is a new project designed to help give local brick-and-mortar businesses, like the Akron, Ohio-based business owner, a global boost and eBay a new way to take on Amazon.

Read more about how eBay trains Ohio retailers to take on the world.

Monday, March 12, 2018

Today in Global Small Business: The Trade War Edition

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

Saturday, March 10, 2018

Weather the Storm

©2018 Laurel J. Delaney.  All rights reserved. 
©2018 Laurel J. Delaney.  All rights reserved. 
©2018 Laurel J. Delaney.  All rights reserved. 
©2018 Laurel J. Delaney.  All rights reserved.
"If you want to see sunshine, weather the storm." -- Frank Lane

Thursday, March 08, 2018

Be Ruthlessly Selective

The Global Small Business Blog helps you take your business global, which means increased revenues and profitability for your business.  Global expansion typically makes you become bigger -- number of employees, new markets and new products, for example.  Yet bigger on everything isn't always better.

For example, to get answers to growth challenges, your inner circle of confidants should stay small.  Oh really, you ask, when your LinkedIn, Twitter and Facebook fans might number in the thousands?

According to Harvard Business Review, they have advice on how to shrink it.

Here's one of their tips:
In other words, you need to be ruthlessly selective, because everyone in your core group also has an inner circle with which you will ultimately be connected, and those people will have an inner circle, and so on. 
They go on to say, "Carefully curate your most trusted, inner circle and you’ll be surprised at how much more valuable you’ll become to the larger community of people in the world who care about the same things you do."

Wednesday, March 07, 2018

Can Any Country Slap on Tariffs Easily?

U.S. President Donald Trump said he would impose a 25 percent tariff, or tax, on steel imports and 10 percent on aluminum.

The questions that beg to be answered are:
  1. Why does Trump want to impose tariffs?
  2. Can any country slap on tariffs so easily?
  3. Why do stocks shift when tariffs are levied?
  4. What's a trade war?
  5. How are tariffs affecting negotiations to review the North American Free Trade Agreement (NAFTA)?
Learn more about how Trump's planned steel, and aluminum tariffs will affect you.

Tuesday, March 06, 2018

Global Small Business Success: Identify An Unfilled Niche and Fill it

While Hubba CEO Ben Zifkin was searching for a birthday present for his wife, he identified an problematic situation and recognized it as a niche waiting to be filled.
Zifkin envisioned a B2B platform to connect brands with the right retail buyers. The point was to empower a new wave of emerging brands and help them grow in today's transforming world of commerce. 
Did he do it?  Yes, and to date the site has connected with more than 60,000 brands and retailers.

Read more about how Hubba helps you go global.

Monday, March 05, 2018

Today in Global Small Business: Women Are Driving the Global Economy

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

Saturday, March 03, 2018

The Ladder of Success

©2018 Laurel J. Delaney.  All rights reserved.
"The ladder of success is best climbed by stepping on the rungs of opportunity." -- Ayn Rand

Friday, March 02, 2018

Is the Freight Forwarding Industry Primitive In Its Approach?

©iStock/Khadi Ganiev
Hundreds of thousands of small businesses constitute nearly 97% of total registered companies, collectively responsible for one-third of all U.S. imports and technology.  This industry has helped in making international trade processes a lot smoother than what the scenario was a decade ago but international freight still has a long way to go.
Though the popular opinion about the international freight forwarding industry is that it is primitive in its approach to technology, [Eytan] Buchman the VP of Marketing at Freightos] contends that the situation is a lot different than it looks. He believes this boils down to the dissonance between the perceptions of the shipper and freight forwarder towards international freight processes - while existing on opposite ends of the spectrum.
Read more to learn the effects of the international freight movement on small businesses.

Thursday, March 01, 2018

The World Evolves Unevenly

According to a January survey by JPMorgan Chase’s commercial unit, some 62 percent of small companies, those with yearly revenue of $100,000 to $20 million, expect sales to increase this year. More than 80 percent of mid-size businesses, with up to $500 million a year, expect increased sales.

Still, some people think that small businesses are the last to really notice a change in the economy.

“The world evolves unevenly,” Jim Glassman, head economist for Chase Commercial Bank, told the Washington Examiner. “When the economy starts to get back on its feet, it’s always the big guys that are the first to see it. Smaller businesses hear about things happening but don’t really see it.”

Read more about the global economic outlook for 2018 and how it might impact smaller companies.