Today in Global Small Business: Why SMEs Must Cross Borders

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

• Why SMEs must cross borders.
• 3 obstacles to globalizing a digital platform.
• Quote of the week: “E-commerce is a powerful means to connect the unconnected to global trade." – Arancha Gonzalez
• A strong cross-border strategy is key to sustaining e-commerce growth post-pandemic.
• Global expansion and the international tax challenges businesses face.
• How digital multinationals innovate across borders. 
• Happy Columbus Day 2022 in the Americas and elsewhere.

Today in Global Small Business: Why Small Businesses Must Cross Borders

©iStock/metamorworks

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

• Why small businesses must cross borders.
• One of the fastest growing banks in the US is on a mission to rewire the industry. It has also touched some nerves.
• The small factories in the western Japanese city of Higashiosaka for decades fuelled the thundering rise of the country's biggest brands - but a weak yen and rising costs have accelerated a slow decline, and are reshaping the industrial heartland.
• Quote of the week: "A good story can travel in time and borders; it hits you no matter where you are." – Hakan Nesser
• After two years of shutdowns and restrictions due to the Covid-19 pandemic, America's global small businesses are straining to keep up with price increases without losing customers to larger competitors.
• Learn tips from SCORE on whether leaders are made or born.