Take Globalization to the Little Guy to the Market

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Demand for small businesses in the e-commerce sector has been growing.

“We believe we have to develop a product or suite of products that allows us to take globalization for the little guy to the market,” said Kushniruk [executive vice president of business development at Avalara]. “When these customers are selling across borders or across countries, they really have to worry about shipping it, with landed cost, duties, excise, and tax. They need to collect the right VAT or sales tax and most importantly pay the tax.”

Expanding internationally can be challenging.  Get your ducks in a row and be sure to consult with experts in the field who can guide you on taxation issues country by country.

Read more:  Removing the pain of sales tax compliance

©2016 Laurel J. Delaney

Separately, have a Happy St. Patricks's Day -- one of my favorite days of the year!

If you are lucky to be Irish ...
You're lucky enough!

Small is Becoming the New Big

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As Hemant Taneja for the Harvard Business Review's blog says, "A series of breakthrough technologies and new business models are destroying the old rule that bigger is better." Clearly the Internet (i.e., eBay and Amazon) and less expensive approaches to manufacturing (Foxconn, for example) are game-changing moments in our world.

The global business environment is decomposing into smaller yet more profitable markets, so businesses can no longer rely on scaling up to compete, but must instead embrace a new economies of unscale.

What is unscaling?  Well you will have to read the provocative blog post below to find out. But let's just say that small is becoming the new big, which is great news for global small businesses.

Read the entire article along with all its comments:  Economies of Unscale:  Why Business Has Never Been Easier for the Little Guy