Get Out of Your Own Backyard: Explore a New Market

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There are a plethora of resources right at your fingertips for taking a business global.  Why not explore a few of them?

1. Market diversification tool
2. Free Trade Agreement (FTA) tariff tool
3. Customs Info Tariff Database
4. Foreign Retaliatory Tariffs
5. Global Market Finder (Census)

Take a deep breath.  One step at a time.  

Start with the Market diversification tool which can help you identify potential new export markets using your current trade patterns; enter the products you export and the markets you currently export to, and the tool uses an algorithm with data from 11 indicators to score and rank potential markets.  Cool.

And then work your way through the rest of the resources.  Knock 'em down.  You'll be global in no time at all.

Today in Global Small Business: Why You Don't Need to Be Big to Be Global

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

• Why e-retailers are looking at India as a possible destination for global expansion.
• Why the head of SMB marketing at Facebook believes social media can no longer help small businesses reach customers.
• Why you don't need to be big to be global (according to Oshkosh, Wisconsin companies.)
• Globalization and its consequences (a unique take).
• How to think local by going global when you run an online baby center.
• Factors to consider before putting your expansion plan in motion.