Today in Global Small Business: FedEx Awards More than $230,000 to 10 Small Businesses

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

• FedEx boosts 10 small businesses with award dollars.
• Global e-commerce revenue to hit record-breaking $3.64T in 2024.
• How to drop ship on Shopify.
• Quote of the week:  "If you really look closely, most overnight successes took a long time." – Steve Jobs
• How to master international payments (sponsored content).
• Take your social media strategy to new heights.

Today in Global Small Business: Find International Buyers

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

• Is your business open for world business?  There is only one way to find out.  Listen in on wegg's® upcoming wegginar® on Wednesday, October 2 at 11AM CT (free, thanks to wegg's sponsors, but you must register to participate) to hear Monica Toporkiewicz, Senior International Trade Specialist, U.S. Department of Commerce talk about how to find international buyers for your business. To learn more and to register, visit: https://womenentrepreneursgrowglobal.org/2019/09/16/how-to-find-international-buyers/
• Quote of the week: “There is only one way to avoid criticism:  do nothing, say nothing, and be nothing." – Artistotle
• Without a clear organizational strategy, most supply chain managers typically revert to creating their own supply chain strategy.  That can be good and bad. 
• Speaking of supply chains ... suppliers are suffering in GM strike.
• State Cashmere, a D2C brand that sells high-quality cashmere products, learned how to navigate their global ecommerce expansion. 
• Is America's global leadership in peril?

Today in Global Small Business: The Promise and Pitfalls of Localism

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

• Four tips to protect your small business during a downturn.
• Quote of the week: “Without continual growth and progress, such words as improvement, achievement, and success have no meaning." – Benjamin Franklin
• Funding Circle, a small business loans platform in the UK, US, Germany and the Netherlands, recently closed its first asset-backed securitization of US small business loans originated through its platform.
• Why localization is essential for expanding overseas.
• The promise and pitfalls of localism.
• Nearly 84% of global ecommerce sales happen outside of Western continents such as North America and Europe, and overall sales are expected to reach $4.8 trillion USD by 2021.  Then why have some of the world’s largest and best-known multi-nationals failed spectacularly when expanding abroad?
• USA national holiday Labor Day is a time to reflect and honor workers.

Today in Global Small Business: The Ultimate Freedom is the Freedom to Experiment with New Ideas

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

• How to ease small business trade concerns; it starts with a financing and payments platform for businesses.
• Quote of the week:  “The ultimate freedom for creative groups is the freedom to experiment with new ideas. Some skeptics insist that innovation is expensive. In the long run, innovation is cheap. Mediocrity is expensive—and autonomy can be the antidote.” – Tom Kelley, General Manager, IDEO
• If your business is going global or has experienced challenges, consider these five tips.
• 76 countries have agreed to negotiate new rules governing global ecommerce, creating an opportunity for governments to eliminate barriers that impede cross-border online shopping.  Here's what should be addressed.
• Learn how to create a strong natural deodorant brand with worldwide appeal?
• How to manage the risks of international e-commerce.

Today In Global Small Business: How Can We Better Support Global Female Entrepreneurs?

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

• Amazon buys Whole Foods for more than $13 billion.  Forget groceries.  It's now about more important things.
• Which country accounts for 40 percent of global ecommerce transactions?
• How to finance export sales (WEGGinar™on 7/12 - no charge).
• The entrepreneurship bug is spreading in Canada.
• How can we better support global female entrepreneurs? And then there is WEGG.
• Do you have a global mindset?  And then there are other characteristics that lead to overseas success.

Taking Your Business to the Global Level via a Twitter Chat

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On Wednesday, April 6, 2016, PayPal will host an hour long Twitter Chat from the @PayPal4Business handle with successful entrepreneurs who have taken their companies to the global level.

What can you expect?  You will hear four different perspectives from four different online merchants -- each sharing key insights and tips for those looking to start a new business or for those who are trying to get their products and services into the hands of international customers.

Learn more:  Tips to Help you Launch a Global eCommerce Business

From Saks to Sears, Retailers Are Going Global Like Gangbusters

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Right now, it might be a small base of business for retailers but going global offers huge upside growth potential for companies who get e-commerce right at the outset.  The most complicated part?  Calculating a landed price for consumers online at checkout.  But even that challenge can be overcome.

Global ecommerce for physical goods outside the U.S. is expected to grow at an annual rate of 18% from 2012, reaching $640 billion by 2017, and outpacing projected annual growth of 7% in the U.S. during the same period ...

Read the entire article:  Virtual bazaar:  How U.S. retailers from Sears to Saks are going global