Wednesday, April 30, 2008

Foreign Markets Are Eagerly Buying American

iStock/Thinkstock
Recession? What recession?

If you are an exporter, you're really not feeling it.

New to the international market? You've come to the right place but if you need ever- more inspiration today to get going global, go here.

Tuesday, April 29, 2008

Globalization is Good But Is It Easy?

iStock/Thinkstock
The world isn't as flat as it used to be nor is it as easy to take on.

Some call it the new nationalism. Find out why here.

Monday, April 28, 2008

Cellphones and the End of Global Poverty

iStock/Thinkstock
Whether in Tokyo, Accra (the capital of Ghana), Uzbekistan or Helsinki, ending global poverty can happen one call at a time.

Read more here.

Friday, April 25, 2008

Kids Go Global

iStock/Thinkstock
More than 100 students from Brunswick, Greenwich Academy, The Convent of the Sacred Heart and Greenwich Country Day School assembled at Greenwich Academy’s Massey Theater to watch films made by their classmates for The Fundance Foreign Film Festival’s Student Film Competition.

By looking beyond their local community, they begin to understand the universal connection we all share.

Read more here.

Thursday, April 24, 2008

Wallpaper Heaven From Istanbul

iStock/Thinkstock
Now that we're global, you never knew you had so many incredible choices. Here's an example: Customized wallpaper from Istanbul (English site).

Wednesday, April 23, 2008

Egg Cube Goes Global

iStock/Thinkstock
Every once in a while you find something intriguing -- worth exploring -- and even possibly ordering on a global basis.
The Egg cube has a slot for the spoon to rest in, available in plain white or with a pattern. It is supplied with a stainless steel spoon and is also available as a gift set of either 2 or 4. Bone china.
That's what we found here in the U.K. Be sure to check out everything offered on this site.

Tuesday, April 22, 2008

National (Global) Small Business Week

iStock/Thinkstock
Yesterday marked the beginning of National Small Business Week, a five-day event intended to spotlight the successes of America's entrepreneurs and draw policymakers' attention to the challenges confronting them.

Here's an excerpt on what they say about going global:
"What they'll get is the chance to hear from key leaders on some of the critical issues impacting small business, such as doing business with the government and going global," said Susan Walthall, chairwoman of National Small Business Week and the SBA's acting deputy associate administrator for entrepreneurial development. "We're going to cover those two areas, as well as health care and the energy challenge."
Maybe next year they will rename it: National Global Small Business Week.

Congratulations to all the award winners!

Read more here.

Monday, April 21, 2008

The Mid-Life Crisis Goes Global

iStock/Thinkstock
When you think about going global you think about the guy who makes hammers or the gal who makes steering wheel covers (O.K. ... I had to throw in something that has to do with Danica Patrick winning her first race in the IndyCar series: Indy Japan 300) but the last thing you think about is a mid-life crisis going global. That is, until now.

Yes, that's right. And you read it here first.

Middle-aged misery spans the globe.

Well Danica has a long way to go before she hits a mid-life crisis wall.

Friday, April 18, 2008

The Bright Side of Dollar's Decline

iStock/Thinkstock
Just in ... The Bright Side of Dollar's Decline. Welcome U.S. News & World Report readers! If you like what you see here, feel free to sign up for our Borderbuster e-newsletter or join us in Chicago on May 15th.

Market of the Month: Chile

iStock/Thinkstock
Since the U.S.-Chile Free Trade Agreement (FTA) came into force on January 1, 2004, bilateral trade between the United States has increased over 154 percent.

Chile ended 2006 (latest data) ranked as the 28th largest export market for the United States, climbing from 29th place in 2005, 30th place in 2004 and 35th place in 2003. The United States was the top source of Chile’s imports for 2006 and remained the top destination for Chile’s exports.

U.S. exports to Chile in 2006 increased by $4.07 billion over exports in 2003, growing from $2.72 billion to $6.79 billion, or by 150 percent. Chile has also benefited tremendously from the FTA; U.S. imports from Chile grew from $3.71 billion in 2003 to $9.56 billion in 2006, an increase of 158 percent.

Best export prospects:

1. Construction

2. Computer Hardware/ Software/ Services

3. Electric Power Equipment

4. Mining Equipment

5. Plastics Machinery/ Materials/ Resins

6. Pollution Control/ Water Treatment/ Environmental Services

7. Safety and Security Equipment

8. Telecommunications Equipment/ Services

Find out more information on how to export to Chile here. For U.S. Embassy in Chile, go here.

Wednesday, April 16, 2008

Small Businesses Nervous Over Local Economy

iStock/Thinkstock
That's how I interpret this news feature, "Small Businesses Nervous Over Economy," and mention of The National Small Business Association's 2008 NSBA Survey of Small and Mid-Sized Business.

Check out the news about it here and download the survey, executive summary or backgrounder here.

Show me the money or should I say: "Show me the world for business!" Why was the topic of international expansion NOT covered in this survey?

Tuesday, April 15, 2008

How To Write Off Defective Imports

iStock/Thinkstock
Anne Fisher -- who I have known for years and is one of my favorite senior writers at Fortune and Fortune Small Business magazines -- tackles a tough import question:
My scientific-supply firm imports many of its products from China. Upon checking my last shipment, I saw that about half of the goods had defects. I'm trying to make the vendor replace them or refund my money, but in the meantime, how do I document the goods' disposal to satisfy the IRS?
And we were happy to help with the answer.

Monday, April 14, 2008

Global Investing

iStock/Thinkstock
Every adventure begins with an inspiration. This adventure was inspired by a dishwasher.

Indulging a Yen For Global Investing

Friday, April 11, 2008

The Mortgage Bust Goes Global

iStock/Thinkstock
Whether good or bad, is there anything or anybody that is not going global? Read more here.

Remember this quote:
“People were proud that a Swiss firm had established such a significant footprint in the most competitive market on the globe,” he said.

Thursday, April 10, 2008

Art Goes Global

iStock/Thinkstock
Even art is going global. Tokyo's International Art Fair draws collectors worldwide looking for bargains. See a photo slide show here.

Take an additional time out to visit 101TOKYO Contemporary Art Fair 2008.

Wednesday, April 09, 2008

How To Take On the World

iStock/Thinkstock
Well, well, well ... Mr. Malone, Silicon Insider columnist for ABCNews.com, has lots to say on things Washington can do to help the U.S. compete. Here are six of his points.

1. Build up Brand America.

2. Create a Fat Pipe.

3. Revamp Nafta.

4. Promote a Free Internet.

5. Reform patent laws.

6. Make education more open.

And my own ... 7. Help more small businesses take on the world!

Take a good long look at one of his points:
Ultimately, our strongest competitive advantage is the ingenuity and entrepreneurship of the American people. One of the miracles of the last few years is how, in places like Silicon Valley, smart young men and women have still managed to create great new companies in the face of every impediment Congress and the regulatory agencies have thrown at them.
Read his commentary here (took me about a half hour to find). Very interesting.

Tuesday, April 08, 2008

Small But Global

iStock/Thinkstock
Welcome USAToday readers! We are delighted to be quoted in Edward Iwata's article, "Small U.S. Firms Make Big Global Sales," highlighting the wave of small businesses and entrepreneurs going cross-border and selling their wares worldwide.

Don't skip over the left sidebar which offers tips for "Setting Up Sales" and "Fact Finding Helps."

Hope you find the information useful to growing your business internationally.

While you are here ... join me in Chicago on May 15th for an "Exporting For Growth Seminar." More details can be found here.

Monday, April 07, 2008

Falling Dollar Pinches Small Businesses

iStock/Thinkstock
Matthew Bandyk from U.S. News & World Report (4/7/08) wrote a good article on how the sliding currency hurts importers and others. We were happy to contribute and thrilled that The Global Small Business Blog was mentioned! Hopefully, many of its readers will join us in Chicago (see below) for the "Exporting For Growth Seminar!"

Retooling your global business strategy is important to do right now if you feel the squeeze from the dollar. Don't wait.

Sunday, April 06, 2008

Join Us In Chicago: Exporting For Growth Seminar!

iStock/Thinkstock
Please join us at the "Exporting For Growth Seminar" in Chicago at the Donald E. Stephens Convention Center (formerly the Rosemont Convention Center in Rosemont, Illinois) on Thursday, May 15 from 11:00 a.m. until 4:30 p.m.

Hosted by UPS and the U.S. Commercial Service, the complimentary seminar will help you tackle global trade.

I will be moderating a panel discussion with local small businesses on the secrets to success for engaging in global trade and would welcome a chance to meet you in person. See you there!

To learn more and to register (it's complimentary), visit: Exporting For Growth Seminar.

Friday, April 04, 2008

In a Recession, Dare To Be Different!

iStock/Thinkstock
Wrote this piece, "5 Tips to Recession-Proof Global Marketing," that was published in Modern Postcard News. Here's a glimpse of No. 5:
Dare To Be Different

Cut loose and do something wild. Show some energy! Look alive! If you were offered the same product at the same price by salesperson A and salesperson B, but salesperson A gave a presentation that made you smile, who would get your order? Put a sense of fun into your global marketing efforts. Send eye-catching subject lines in your emails that add spice to routine communications. Phone your customers once in awhile so they can hear your voice and know they're dealing with a human being. Send flowers with your product catalog tucked inside. Have a friend take a goofy photograph of you toiling up a sunny hillside with your product strapped to your back, caption it with something like "Things are looking up —thanks for your business!" and mail it postcard-fashion. Good will and good humor keep us all going, especially in a poor economy —so don't be afraid to get a bit wacky. It will capture your customers' attention and set you apart from the crowd.

Hope it helps keep your sales strong (especially exports!) during a sluggish global economy.

Thursday, April 03, 2008

Made in USA News

iStock/Thinkstock
What a great title for news and I wonder whether the weak dollar helps or hurts their business.

Pretty comprehensive article in the Wall Street Journal today entitled, "U.S. Slump Takes Toll Across Globe." It covers a lot of ground, including a mention of how the United States is fairing on growth versus last year, where it's at currently and what to expect in 2009. Looks to me like we are going to take a blip (dip?) in growth this year and then a nice bounce in 2009 (recessions typically last about eight months even though it may feel like forever).

The expression that when the U.S. sneezes, the rest of the world catches a cold may apply here though several countries still seem to be moving full speed ahead despite bad news from USA: Australia, Brazil, the United Arab Emirates and Qatar are growing but not as briskly as in 2007.

Be sure to check out the full growth projections (GDP) chart based on country and region.

Wednesday, April 02, 2008

A Cooler Planet

iStock/Thinkstock
In an attempt to create ecofriendly homes for their families and finding obstacles at every turn, the siblings -- Heidi Bailey and Krista White who are poised to save the earth -- became environmental experts.

Agreeing that green living should be simple and accessible, they researched like crazy and opened A Cooler Planet, an ecolifestyle store in the heart of Roscoe Village (Chicago, Illinois). Find something you (and they) love at every turn and respect the fact that each item featured is considered sustainable, local, fairly-traded, organic, renewable, recycled, and eco-conscious.

Learn more about their initiatives here.

Tuesday, April 01, 2008

Free Rice Anyone?

iStock/Thinkstock
FreeRice is a sister site of the world poverty site, Poverty.com.

FreeRice has two goals:

1. Provide English vocabulary to everyone for free.
2. Help end world hunger by providing rice to hungry people for free.

This is made possible by the sponsors who advertise on the site.

Whether you are CEO of a large corporation or a street child in a poor country, improving your vocabulary can improve your life. It is a great investment in yourself.

Perhaps even greater is the investment your donated rice makes in hungry human beings, enabling them to function and be productive. Somewhere in the world, a person is eating rice that you helped provide.

Get started here.