It's Getting Ugly For Global Small Businesses

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As the first wave of US aid runs short – and landlords and lenders lose patience – lawmakers are in tense negotiations over a new round of stimulus, which could include more money for global small businesses.

Most firms have already run out of the money they secured from the $600 billion Paycheck Protection Program, according to a survey released this week from the National Federation of Independent Business, a leading trade group for small US firms.

Learn more how US small businesses, especially those in the hospitality, food and retail space, face mass closures without more pandemic aid.

The Impact of Globalization and Technology on Small Business Commerce Worldwide

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The eBay 2015 US Small Business Global Growth Report focuses on the United States, looking at how SMBs from across the US have embraced technology to grow their businesses globally.

Worth a read for those who want access to customers all over the world.

As Devin Wenig, President of global eBay Marketplaces business unit says:

The impact of our technology on small business is great, and that excites me. In fact, our data shows that more than 90 percent of U.S. small businesses on our platform export. And of those exporters, 190,000 are exporting to four continents or more. Compare that to overall small business trade activity, where less than five percent of businesses export, according to U.S. Census data. Talk about creating economic opportunity.