Friday, December 31, 2010

The Most Powerful Force in Business Today: The New Logistics

UPS is sponsoring an international business series over at Small Business Marketing Blog from Duct Tape Marketing and Small Business Trends.

Be sure to check out both places for articles on global small business.

Small Business Marketing Blog from Duct Tape Marketing:
Hidden Challenges Lurking in Global Business

Small Business Trends:
Become a Micro-Multinational Small Business in 5 Steps

Posted by: The Global Small Business Blog

Thursday, December 30, 2010

Cross-Cultural Learning: Being Able to Shut Up and Listen

Side benefits of learning both a foreign language and a foreign culture.

How to learn about culture and language. When you live in a foreign culture, you learn how to learn. You learn what vocabulary is important, what language learning techniques work, how to make relationships, what skills are important, what details to pay attention to. These skills will carry over to other languages and other cultures in the future.
Read the entire piece here:  The Best Defense (be sure to read the wild comments)

Posted by:  The Global Small Business Blog

Wednesday, December 29, 2010

Watch Out World: Google Is Out To Help Small Businesses Go Global

Google has launched two new services to help small businesses go global:

Google Global Market Finder
Go Global with Google

And I love this statement:

There are 1.9 billion Internet users worldwide. Wouldn’t you like to add them as customers?

Posted by:  Laurel Delaney for The Global Small Business Blog

Tuesday, December 28, 2010

Leaving Your Heart In Argentina

Exploring a new country, buying a vineyard and starting a new life is not the easiest thing in the world to do.

Learn about how a couple pulled it off here:

Moving to Argentina

Monday, December 27, 2010

Steps to Exporting

If you are looking to increase sales and profit, reduce dependence on the domestic market and stabilize seasonal fluctuations with your business, you should consider exporting.

Here are six steps to get you going.

Saturday, December 25, 2010

Happy Holidays From The Global Small Business Blog

Photo credit:  Laurel Delaney, 12/18/10, Oak Park Avenue, Tinley Park, Illinois, U.S.A.
Best wishes for a happy holiday season filled with warmth, beauty, love and family.

Posted by:  Laurel Delaney, The Global Small Business Blog

Friday, December 24, 2010

Insights on Doing Business in China

Ingram Publishing/Thinkstock
From the Business Pundit:
“We’re really wasting time,” says Janet Carmosky, CEO of the China Business Network. Carmosky knows what it’s like to be busy. When not running the China Business Network, a resource geared towards international professionals doing business with China; advising major corporations on their China strategies; or speaking at conferences, she writes about China for publications like the Economist and the Harvard Business Review.
Learn more about what she has to say here:

7 Deadly Perceptions About Doing Business with China

Posted by:  Laurel Delaney, The Global Small Business Blog

Thursday, December 23, 2010

Understanding Strategic Sourcing

Collection Mix: Subjects/Thinkstock
Very rare that I do this.  I have not read this book but stumbled upon it while looking for something else. Why look at the reviews:

Worth buying it!

Great overview of how to leverage the value of sourcing!

Small book with great content!

Easy reading with great content.

A complete guide.

An outstanding supply chain book-must read.

Check it out here:  Strategic Sourcing:  Suppliers Are From Mars, Customers Are From Venus by Murillo Xavier

Wednesday, December 22, 2010

Be Inspired: Open Your Heart and Your Global Paypal Account

Photo credit:  Laurel Delaney, lakefront in Rogers Park, Illinois, U.S.A.
My latest contribution over at American Express OPEN Forum via Small Business Trends.

Be Inspired:  6 Places to Donate

Like it?  Then Tweet like crazy!

Posted by:  Laurel Delaney, The Global Small Business Blog

Tuesday, December 21, 2010

Import/Export Considerations for Your Global Small Business

Getting involved in international trade is no simple feat.  Here are some import and export issues you will have to understand in order to be successful.

Some Import/Export Considerations

Posted by:  The Global Small Business Blog

Monday, December 20, 2010

A Checklist for Going Global

Before you take the first step to expanding your business internationally, you might consider the following.

Checklist for going global

And here's another helpful article I wrote in 2006:  Twenty Essential Factors to Consider Before Going Global

Posted by:  The Global Small Business Blog

Saturday, December 18, 2010

A Few Export Questions Answered

Wondering if you can transact international business via fax versus the Internet or how to write an export marketing agreement?  The link below will provide some answers.

Export questions answered:  Export Institute of the United States

Posted by: The Global Small Business Blog

Friday, December 17, 2010

What Are the Legal Requirements to Start an Import Business?

I am working on a new project where I will be covering both importing and exporting for a small business.  Watch for it.  But in the meantime, here's a short cut answer to the question:
The only legal requisites to opening an import business are having an importer of record number, which is usually just the business's tax-identification number, and a surety bond to protect the U.S. government if you can't pay your duties, taxes and other fees. Surety bonds are required for all so-called formal entries where the shipment is valued at more than $2,000, but many importers use them on smaller shipments as well. They can be purchased ...
Read the entire answer:  Opening a Small Import Business

And I am sure there are additional factors to consider.  If they've been left out, please comment.

Thursday, December 16, 2010

A Revival in Global Economic Activity

Exports during the month hit their highest level since August 2008, the month before the financial crisis.
"More and more of our exports have started going to the faster-growing regions in Asia, Latin America and Canada," said Morgan Stanley economist Ted Wieseman. "It highlights that the emerging markets never really had much of a slowdown at all. They've continued to outperform throughout the crisis."

Exports of industrial supplies were particularly strong, rising 8%, driven by chemicals and plastics. Food exports also surged. Among the big gains: Soybean exports jumped to almost $2.4 billion, an all-time high, from $1.8 billion in September.
Read the entire article here.

Tuesday, December 14, 2010

What's Nato's New Role?

A little late on this but still worth a look:
Nato's new strategic concept unveiled in Lisbon underlines the global role of the alliance's new non-continental or non-geographic preoccupations such as cyber and space.
Watch a video and learn more here.

Illustration clip here.

Monday, December 13, 2010

10 Things to Consider Before You Start a Business in the United States

The following article covers ten areas that anyone wishing to start a small business had better think about before moving forward.  Here's a glimpse at No. 7:
Foreign Competition

Especially if you are creating a small business that does manufacturing, you are going to have to deal with foreign competition.

So are you going to be able to compete with the companies in your industry that pay their workers on the other side of the world less than a tenth of what you are paying to your American workers?

On the other side of the world, companies often don’t have to worry about unions, worker’s comp, health benefits, retirement benefits, nightmarish environmental regulations, crushing taxes or miles of paperwork and red tape.

Are you certain that you can compete against that?
Read the entire article here.

Saturday, December 11, 2010

How to Become a Micro-Multinational Small Business

Here are 5 steps that a startup or a small business can take to become a micro-multinational.

Read the entire article here.

Friday, December 10, 2010

How to Leverage Your Existing Customers To Go Global

For small businesses doing a great job for big-name clients close to home can leverage those relationships to expand abroad.   This is a savvy way to grow global for a small business.  That is what economist Jayson Myers, head of Canadian Manufacturers & Exporters, one of the country’s biggest industry groups, said in an interview.
“Often the best sales strategy is not going directly into new markets, but it’s leveraging up your existing customers. We are seeing this in a lot of manufacturing sectors, in a lot of technology companies. We [Canadians] have very, very good products, but often these products have to be packaged or integrated into a bigger service for customers.”
Read the entire article here.

Posted by:  The Global Small Business Blog

Thursday, December 09, 2010

Turn To Other Parts of the World to Grow Your Business

Here are ten fabulous things you need to know about doing business in China.
It’s a global economy. We know that. But what does that really mean? It means that even if you decide to start a business tomorrow in your hometown, more likely than not, you’re going to have to turn to other parts of the world to make your business efficient and profitable. For many business owners, that other part of the world will most likely be China.
Read:  The Top 10 Things You Need to Know About Doing Business in China

Posted by:  The Global Small Business Blog

Wednesday, December 08, 2010

Growing Small Business Exporting

A very interesting perspective on small-business exporters:

Thinking Small
The Obama administration's efforts to grow small-business exporting, and how Congress could derail them.

Tuesday, December 07, 2010

Going Down the Export Road

Ingram Publishing/Thinkstock
Find out how you can boost sales by looking for customers across borders.

Tapping into exports

Posted by:  The Global Small Business Blog

Monday, December 06, 2010

Toolkit Kiosk Helps SMEs Go Global

SMEs got a boost recently when the Small and Medium Enterprise Corp Malaysia (SME Corp) unveiled the first of its kind SME Toolkit kiosk in the country aimed at helping SMEs go global.
The kiosk, which is located at SME Corp's office in Menara Matrade, also helps them leverage on the toolkit to enhance their business by reducing their operational cost. SMEs can gain access to the relevant information in the toolkit via the Internet and need not go to the kiosk personally to access it.

The SME Toolkit is an online program that enables entrepreneurs and small businesses to learn how to implement sustainable business management practices needed for growth in areas such as finance, accounting, international business, marketing, human resources or legal, at no cost.
Learn more here.

Posted by:  The Global Small Business Blog

Saturday, December 04, 2010

Gum and Greetings Around the World

Photo credit:  Laurel Delaney, -- captured in my car near a stop light at Wacker Drive and Michigan Avenue in Chicago.
Chicago-based Wrigley offers a nice season's greetings around the world ... check it out and enjoy your weekend.

Thursday, December 02, 2010

Notes from the World Entrepreneurship Forum 2010 (Part I)

After attending the third edition of the World Entrepreneurship Forum (, I was overwhelmed by the inspiring presentations from thought leaders around the world.

With this blog post -- the first in a series that I'll cover over the coming weeks --  Patrick Molle (pictured at microphone), President of Emlyon Business School (founding member of World Entrepreneurship Forum) is featured.

According to my notes, here are some of the points he touched on during his welcome presentation on "Shaping the World of 2050."
  • Worldwide environmental changes
  • Accelerating backlash against globalization
  • Depletion of vital resources
  • There will be 9 billion people by 2050
  • At least 80% of humanity lives on less than $10/day!
  • Africa is the only continent creating bigger youth population than older population
  • The world needs more (environmentally friendly) jobs
  • The world needs to reinvent itself
  • The world needs a new development model which reconciles the creation of wealth and with social justice (Laurel here ... which is what the World Entrepreneurship Forum is based on)
Ambitions for the World Entrepreneurship Forum:

Primary:  Educating entrepreneurs of the world (with emphasis on early stage).

Secondary considerations:
  • How to prepare young people?
  • How to train (to become agile)?
  • How to educate cross-cultural leaders?
Goal: To produce entrepreneurs for the world!
"Entrepreneurs are not born but created by their experience." ~ Patrick Molle, President of EMLYON
His conclusions and recommendations can be found here (requires translation).

Revert to this post for photos from the World Entrepreneurship Forum 2010 and go here to learn more about what took place and its overall mission.

Posted by:  The Global Small Business Blog

Wednesday, December 01, 2010

New Kid On the Block: GlobalTrade.Net

Welcome neighbor!  A new marketplace for international trade services run by FITA Online, with the support of the Federation of International Trade Associations , in cooperation with the U.S. Commercial Service , United Kingdom Trade & Investment , ThomasNet , Alibaba and Kompass.

Ahhhhhhh, if only we could truly have an open source global trade platform that the whole world could tap into (similar to a Wikipedia for global trade) and benefit from!

We hope to see eBay and Global Sources welcomed into this exchange soon.

Posted by:  Laurel Delaney, and The Global Small Business Blog