Global Expansion at QuickBooks

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Intuit, the developer of QuickBooks, cited a study of small businesses in the United States, Canada, the United Kingdom and Australia that shows a dramatic increase in cloud, app and mobile usage amid small businesses over the past few years.

Findings from the study:

• 62 percent of small businesses operate in the cloud, up from 37 percent
• 68 percent use apps, up from 50 percent
• 63 percent run their business with a smartphone, up from 43 percent

Intuit's strategy is to expand globally by focusing on developer input and at the same time help developers improve app user experience.

Learn more:  QuickBooks Online drive developer outreach to fuel global growth

The Intuit Quickbook Interview: Why Small Businesses Are Poised To Expand Big Time Overseas

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Below I discuss seven questions with Suzanne Kearns for Intuit Quickbooks:

1. How much in U.S. goods gets exported each year, and has that figure increased in recent years?
2. Are there indicators that show when a small business is ready for global trade?
3. How should business owners determine which markets to expand in?
4. What are some things business owners can do to attract foreign buyers to their website?
5. How should business owners handle foreign currency transactions?
6. What should small business owners know about shipping products overseas?
7. Where can business owners learn about customs duties and foreign taxes?

Read the interview: Can Your Small Business Expand to a Global Market?