Monday, February 15, 2010

1,000 Posts at The Global Small Business Blog

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Since July 20, 2004, we have posted more than 1,000 times at The Global Small Business Blog (http://borderbuster.blogpost.com). We hope you will follow us for another 1,000 posts! Many thanks.

And here's an article indicating global data continues to reinforce the idea that the world business cycle has bottomed and that growth is starting to advance.

Sunday, February 14, 2010

Saturday, February 13, 2010

Can We Double U.S. Exports Over the Next Five Years?

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Some folks don't think so.
The administration’s National Export Initiative calls for a 20 percent increase in next year’s budget for the Department of Commerce’s International Trade Administration, bringing it to $534 million. This would enable ITA to hire up to 328 trade experts to help U.S. companies find customers in foreign countries, with a particular focus on high-growth markets like China, India and Brazil.

The ITA aims to help 23,000 businesses to start exporting or grow their international sales next year. Over the next five years, the agency is shooting for a 50 percent increase in the number of small- and medium-size businesses that export to more than one market.

The administration also wants the Export-Import Bank to increase the financing it makes available to small- and medium-size businesses from a record $4.4 billion last year to $6 billion next year.

Ex-Im Bank is an independent federal agency that provides loan guarantees, export-credit insurance and direct loans to finance sales of U.S. exports.
Read more here.

Friday, February 12, 2010

Socialgraphics: A Customer Centric Approach to Global Social Strategy

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According to The Altimeter, like demographics or psychographics, companies must now understand socialgraphics, which answers five key questions:
1. Where are your customers online?

2. What are your customers’ social behaviors online?

3. What social information or people do your customers rely on?

4. What is your customers’ social influence?

5. How do customers use social technologies to learn, make decisions, and support your products and services?
What is socialgraphics?
Socialgraphics is how to measure how customers use social technologies, where they are online, and how it influences them in the context of the customer life cycle.
Learn more here. This piece might be helpful as well.
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Thursday, February 11, 2010

LIVESTRONG Goes Global to Spread the Message of Hope and Perseverance to New Markets All Over the Globe

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Lance Armstrong's philanthropic organization, LIVESTRONG, is taking its product line global. His company creates the iconic yellow bracelets (pictured) and other goods such as clothing and accessories.

The global push begins in July.
“We’re excited to embark on this new phase for LIVESTRONG and Nike,” said Lance Armstrong Foundation President and CEO Doug Ulman. “Lance’s return to cycling drew the eyes of the world to the fight against cancer and Nike’s support is allowing us to spread the message of hope and perseverance to new markets all over the globe.”
Read more here.

Wednesday, February 10, 2010

World Population

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Since 95 percent of the world's population resides outside the United States, I thought you'd like to know what you are missing out on if you run a only a local business.

World population:
6, 692,030,277 (according to Google in 2008)

That's a mighty big pie.

Look at the United States relative to the world here (very cool tool)!

Another look at population again powered by Google Docs (2008).

Tuesday, February 09, 2010

Ten Reasons Why Going Global Is Advantageous To Your Company

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Technology is shrinking our world into a smaller, easier place to do business and is fundamentally reshaping our lives. Here are ten reasons why going global is advantageous to your company.

1. Increases sales and profits (especially if fixed costs are tied to domestic operations) = bigger chunk of growth gain.

2. Earns a greater return from a set of core competencies.

3. Generates economies of scale in production.

4. Enhances local competitiveness and paves the way to larger, more lucrative customers.

5. Create jobs, productivity growth, and wealth.

6. Enlarges the pie of potential investors.

7. Insulates seasonal domestic (local) sales by finding new foreign markets and selling excess production capacity.

8. Cuts costs through global outsourcing.

9. Reduces dependence on existing markets.

10. Capitalizes on tax advantages.

The knowledge you gain from learning the ropes of international business will make you open to new ideas, new approaches, new marketing techniques, new customers and new confidence to take on the world!

Posted by: Laurel Delaney, The Global Small Business Blog

Monday, February 08, 2010

Oreo Odyssey


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With Kraft's recent acquisition of Cadbury (take a visit, it's fun), will all the world love the Oreo, especially in emerging and other international markets Kraft is not in?

Cadbury gives Kraft an entrance without the expense (sans, of course, the acquisition itself) of breaking into such markets on its own. They might have to do a little tweaking (called adaptation) of the Oreo ingredients to meet the taste buds of consumers in markets they select to enter.

Read more here.

Also, refer to our post May 5, 2008, "Reformulating the Oreo to Sell to the World." Looks like they anticipated what was ahead.

Saturday, February 06, 2010

Friday, February 05, 2010

New Phase of Economic Recovery: Tech World Rising

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As the global economy mends, business spending on technology goods and services is returning -- at least that is what Ben Worthen and Don Clark claim in "Tech Spending Bounces Back as Profits Rise," published in the Wall Street Journal.

The tech world according to Cisco:
The economy has entered a new "phase of the recovery," said John Chambers, Cisco's chief executive, in a call with analysts, adding that he planned to hire up to 3,000 workers in coming quarters. "This is one of the most robust positive turnarounds I've seen in my career," he added.
The tech world according to Google:
Before he (Google CEO Eric Schmidt) got into the nitty-gritty of this year’s outlook, Google announced that revenue was up 17 percent in Q4 2009 ($6.7 billion) and up $23.65 billion for all of 2009 (for a net income of $6.5 billion).
The tech world according to NetSuite:
Having had a dreadful start to 2009, NetSuite announced record earning for the fourth quarter and year ended 31st December, 2009. From the release:
“Total revenue for the year was $166.5 million, a year-over-year increase of 9%. Total revenue for the fourth quarter was $43.0 million. Revenue from the Americas for the fourth quarter of 2009 was $35.0 million, while revenue from international regions was $8.0 million. NetSuite added approximately 295 new customers in the fourth quarter.
The tech world according to IBM:
Moreover, IBM's full-year 2009 earnings of $10.01 per share were up 13% year over year, and net income of $13.4 billion rose 9% from fiscal year 2008. Earnings for the year were a record, despite the worldwide recession. Full-year earnings surpassed the Zacks Consensus Estimate of $9.88 per share, as well as the company's own guidance of $9.85 per share.
The company's spectacular amount of new services contract signings and a pick up in corporate IT spending figured into the improved guidance for fiscal 2010. Historically, IBM has raised its guidance for almost every quarter in the last two years. For fiscal year 2010, the company again raised its EPS guidance to $11 per share, up from a previously expected $10-$11 per share range last month.
The tech world according to Microsoft:

Microsoft posted a bigger-than-expected 60 percent increase in quarterly profit on Thursday, helped by strong sales of Windows 7, and said it expected business technology spending to recover this year.
The company said net profit came to $6.7 billion, or 74 cents a share, up from $4.2 billion, or 47 cents a share, a year earlier.
The tech world according to Apple:
For the three-month period ending Dec. 29, 2009, Apple posted earnings of $3.4 billion, on a revenue of $15.7. Compared to the year-ago figures of $11.9 billion, that amounts to $2.3 billion in net quarterly profit.
Apple shipped 8.7 million iPhones — more than double compared to the year-ago quarter — and 3.4 million Macintosh computers, up 33% from a year earlier.
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Thursday, February 04, 2010

Explore Opportunities Outside Your Local Market

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Lots of good tips here on how to grow your business in a flat economy but we particularly like Tip No. 2:

Explore outside the local and domestic market. When it comes to horse racing, for years the leading buyers destination was Dubai thanks to the wealthy investments by the Royal Family. With Dubai in flux, many investors have backed off. Finley has been exploring Ireland now instead. “We were one of the first to buy and bring back horses from Ireland,” says Finley. “Now we have Irish investors interested in us.”
Read more here.

Wednesday, February 03, 2010

The World Wide Web Through Language

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Why is it so hard to learn a foreign language?
Learning a language sometimes seems as difficult as dieting. The solution is to figure out how to stay interested after the novelty wears off.
For an option, go here.

Tuesday, February 02, 2010

Online Tutorial in Global Marketing

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Our friends and colleagues over at globalEDGE have put together a neat little online tutorial on Global Marketing.

Test it out or get smart (direct link ... sound and all) here.

Monday, February 01, 2010

Global Game Changer

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Apple's new iPad (pictured) is here and we most certainly will have to wait to see if it becomes another global game changer. Read more here.

Apple's motto which we can all learn from: Think DiFfeRent.

About Steve Jobs. One more here.

Our post about the much anticipated new product launch here. And another post October 9, 2009 on: "Who Has The Global Edge On Wireless Readers?"

Related topic wise ... watch for upcoming post to the American Express OPEN Forum on "bold innovation." Follow us on Twitter to capture it @LaurelDelaney.

Saturday, January 30, 2010

A Dose of Davos

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The World Economic Forum, the annual gathering of government and corporate leaders in Davos, Switzerland, runs until Sunday.

Here are some highlights.

World Economic Forum

Friday, January 29, 2010

How It Works: Cloud Computing

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With cloud computing, an on demand access to virtualized IT resources that are provided as a service over the Internet, you can reduce risk and gain control. This is not new. It has been taking place in some form or fashion for years. Just a new name has been coined to define it. For example, if you have an email account with a Web-based e-mail service like Gmail, Yahoo or Earthlink, then you've had some experience with cloud computing.

Cloud computing 101: "How Cloud Computing Works"
Wikipedia definition: Cloud computing

Whatis.com definition:
Cloud computing is a general term for anything that involves delivering hosted services over the Internet. These services are broadly divided into three categories: Infrastructure-as-a-Service (IaaS), Platform-as-a-Service (PaaS) and Software-as-a-Service (SaaS). The name cloud computing was inspired by the cloud symbol that's often used to represent the Internet in flow charts and diagrams.
According to InfoWorld: What cloud computing really means

2010 Tipping Point for SMB Use of Cloud Computing:

Tip No. 5: SMBs use the cloud to avoid infrastructure problems faced by offering their services in different countries around the globe. The cloud will act as an equalizer in this manner and allow SMBs large and small to compete internationally.
In line with above, cloud computing has changed how companies market, sell, provision and deploy new services on a global basis.

As cloud computing goes global, you have to ask yourself: whose laws matter?

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Thursday, January 28, 2010

Global Copyright Treaty?

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A landmark intellectual IP agreement -- known as Anti-Counterfeiting Trade Agreement (ACTA) -- is in the works. Why the secrecy?

Learn more here.

Wednesday, January 27, 2010

Benefits of Offshoring When You Think Wide

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Too many organizations mistakenly limit offshore work to routine tasks.
More broadly, our research has implications for what kind of work is “offshore-able.” We believe that if Western companies focused more on fostering collaboration between workers separated by geography and culture, and less on forcing offshore workers to perform tasks in very specific ways, the range of work they could source offshore would be significantly expanded. Companies struggling to fill talent gaps in semiconductor-chip design, drug discovery, engineering and other intellectually complex areas could draw on high-quality and growing talent bases in countries like India and China.
Read the entire article here.

Tuesday, January 26, 2010

Doing Business With the World: It's Easy. Here's How.

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Who wouldn’t want to sell to more than 1.7 billion people? According to Internet World Stats, that’s the current number of Internet users worldwide, up 200,000 since December! How can you prepare to capture this astounding audience and do business with the world? Above all else, you need customers, but before we cover that, here are other factors to consider.

Read more here.

Like what you see? Sign up to keep up with what's going on in the world of global small business.

Separately, Happy Australia Day!

Monday, January 25, 2010

Learn Global Business Etiquette

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If you are in the process of expanding abroad, avoid cultural gaffes by learning local business etiquette in the country you are about to do business.

This article offers some good tips by business owners and experts in the trenches on how to immerse yourself in a country's culture to better understand the people, respect their ways and be sensitive about never offending.

Expanding Abroad? Avoid Cultural Gaffes


You might also check out our 8 Global Marketing Gaffes.

Saturday, January 23, 2010

A Chat With Eric Schmidt on China and Censorship

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Newsweek's Fareer Zakaria has a conversation with Google CEO Eric Schmidt about doing business in China despite the restrictions that Beijing imposes on Internet freedom.

Excerpt here:

Why did you make this decision? It surprised many people and many companies.
Google is a different kind of company than many others. The issue of operating in China was always complex for us. We were asked to accept a system of censorship that we were very uncomfortable with. But we had come to the conclusion that operating in China was better for everyone—us, the Chinese people—than staying out of the country. We have decided that we cannot participate in censorship anymore.
Read the entire interview here.

You might also check out Holman W. Jenkins, Jr.'s commentary in the WSJ (1/22/10): China, Google and the Cloud Wars (very interesting)

Refer to our blog post 1/19/10: Message to China: Stop Carving Up Cyberspace with Boundaries

Friday, January 22, 2010

How To Gain Global Customers

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According to contributing writer Carol Tice at Inc., one-half of all small businesses do not have a website. Yes, you read that right.

Think about how many small businesses that might be if you polled the planet!

Half of Small Businesses Don't Have a Website

The actual study can be found here.

What are SMB owners losing by NOT having a Web site?

Customers.
What are you waiting for?

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Thursday, January 21, 2010

Is Your Brand Name Available On Social Media Networks?

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We don't know too much about this organization (launched April, 2009) other than it came across our email desk over the past couple of weeks.
KnowEm was developed to assist everyone - from individuals to Fortune 500 companies - in discovering where their names, brands, or trademarked terms are available (or stolen) on Social Media networks. KnowEm will not only help you secure your name across the vast social media landscape but we can also show you how to contact each site in order to have the name released and returned to you.
Check it out. Let us know if it's useful to you or not. Don't see too much global here.

KnowEm.com

Wednesday, January 20, 2010

How a Foreign Company Can Gain a Bit More Presence in the American Market

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Japan's largest cosmetic company, Shiseido, is set to acquire the American make-up company Bare Escentuals Inc. (products pictured) for $1.7 billion, marking the largest acquisition in its 83-year history.

It goes to show you the price companies are willing to pay to boost and capture a market.

Read all about it here.

To expand your reach, what's your global acquisition target in 2010?

Tuesday, January 19, 2010

Message to China: Stop Carving Up Cyberspace with Boundaries

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My fellow readers, I am sure you have been following every last little detail concerning the China-based hacker attack on Google and as many as 34 other companies, including Adobe Systems Inc., Juniper Networks and Yahoo. As a result of the cyber attack and the fact that the China government continues to force Google to neuter searches, Google has threatened to pull out of China.

This is a very critical juncture in the history of international business but it's not the first time a company has walked away from China. Levi Strauss & Co., 17 years ago did too, and returned. Funny thing, Levi's brand is currently made in China and they just opened their 501st retail store in Beijing last November. What happened in between? Take a look at this.

But this predicament is different -- far more public thanks to the Internet (go Google!) -- and will most likely bring foreign-policy implications. It will be interesting to see what happens when Google shuts off the valve in China on censoring search results and how fast China's government blocks or shuts down Google.cn, if at all.

In the course of determining what really happened, we will unveil more evidence of weird things going on.
Needless to say I admire and respect Google's bold move here (tough place to be but I always like to see people/companies take a public stand, exhibit backbone and show a strong sense of world good) and it's in line with this fine commentary, appropriately entitled, "Google Gets on the Right Side of History," written by Rebecca MacKinnon, a fellow with the Open Society Institute.

My feeling is you can't be part pregnant; and when you are Google, you most certainly can't be part-search engine in China.

We'll keep you posted.

Monday, January 18, 2010

Hearts to Haiti

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The media coverage is extraordinary on the powerful earthquake (measuring 7.0 on the Richter scale) that struck near Port Au Prince, Haiti on January 12. Our heartfelt thoughts and prayers go out to everyone who is suffering right now in Haiti.

To offer your own help with a donation of any size, go here for guidance (straight from the United States Whitehouse Blog):
The President has been receiving updates on the urgent situation in Haiti late into last night and throughout the day, and top members of his team have been convening to formulate the government response.
You can also help immediately by donating to the Red Cross to assist the relief effort. Contribute online to the Red Cross, or donate $10 to be charged to your cell phone bill by texting "HAITI" to "90999." Find more ways to help through the Center for International Disaster Information.
Families of Americans living in Haiti are encouraged to contact the State Department at 888-407-4747.
Haiti Earthquake Relief (video)
Clinton Bush Haiti Fund

Facts on Haiti
(including update on the earthquake)
Embassy of Haiti in Washington D.C.
Embassy of the United States Port Au Prince Haiti

Saturday, January 16, 2010

Practice a Little Spontaneous Innovation

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Maybe some of these ideas will help spur you on to more spontaneous innovation day-to-day within your global small business.

My latest post for American Express OPEN Forum:

2010: The Year of Spontaneous
InNoVaTiOn


You like it? Hit the Tweet button at the top. You really, really like, hit the thumbs up button at the bottom of page.

Posted by: Laurel J. Delaney, The Global Small Business Blog

Friday, January 15, 2010

Global IT Spending Will Increase in 2010

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Forrester Research says the global technology industry will see an 8.1 percent increase in IT spending in 2010, with software and computer hardware leading the charge, and IT consulting services following.

IT spending is expected to grow 6.6 percent in 2010 to $568 billion, according to Forrester's latest research report. Global tech spending, which dropped 8.9 percent in 2009, will rise to more than $1.6 trillion in 2010.

Read more here and here.

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Thursday, January 14, 2010

Take the Export Plunge

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Here's a perspective on why some firms hesitate to export. It certainly comes across far more difficult than it has to be. But there are some interesting lessons, tips and resources that can be found if you dig deep within the article, especially if you run a business in Ohio, U.S.A.

International Business
Some Firms Hesitate to Take Export Plunge

Wednesday, January 13, 2010

China: What Wall?

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Interesting post by Elison Elliott for the Foreign Policy "Global Markets" Blog Network (launched February, 2009):

Don't Bet Against China


It's running in line with our predictions No. 4 and 5 here. Elison and I have been in touch via email. I hope to interview him soon on this topic at The Global Small Business Blog.

Also make note of prediction No. 4 in our report talking about China "borrowing our ideas ..." Looks like Google has a short fuse on this. Read more here.

Fascinating. Another interesting piece here.

Global Product Domination?

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We talked about how China is on the fast track to economic domination here in Point No. 4 of our "10 Predictions That Will Shape Our Global Small Business World in 2010" report, but what about global domination for the "Snuggie" brand exported from the U.S.A. yet produced in China?

Read more here. After reading the article you might ask, "What is a Snuggie?" Even I wondered. I think it's this.

What's your global domination campaign in 2010?

Tuesday, January 12, 2010

The Global Small Business World in 2010

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Our Global Small Business World 2010 trend piece is ready for viewing over at our favorite trend hub: Small Business Trends!

Read every word here:

What It's Like to be No. 2 Globally

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Take a good look. I bet they try harder.

'Avatar' Cracks Top 10 All-Time Domestically; No. 2 Globally

See how China consumers view the movie here.

Note: Our "10 Predictions, Forecasts and Trends That Will Shape Our Global Small Business World In 2010" is scheduled to be published first over at Small Business Trends (www.smallbiztrends.com) -- hopefully today (1/12). We'll let you know when it's posted. As a refresher, here's 2009.

Monday, January 11, 2010

What Are You Doing To Ensure This Is Your Best Year Ever?

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Round the world, we're looking for inspiration and tips on what you are going to do now -- and in addition to taking your business global -- to make this your best year ever.

For ideas, read, "44 Ways to Kick-Start Your New Year" published in SUCCESS Magazine.

Tell us what you have planned or what you are already doing to soar through 2010.

Note: Tuesday, (1/12), we hope to release our annual "Predictions, Forecasts and Trends That Will Shape Our Global Small Business World In 2010." Watch for it. As a refresher, here's 2009.

Saturday, January 09, 2010

A Rule For Global Small Business Owners by Warren Buffett

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“Rule No.1: Never lose money. Rule No.2: Never forget rule No.1.” ~ Warren Buffett

Friday, January 08, 2010

Rock Your Tech World in 2010

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How do you start the new year out with a big technology bang for your business? Follow the online crowds because the crowds are talking a lot about several disruptive technologies that are bound to impact our world in 2010. Let's take a look at ten that Erick Schonfeld put together.
  1. The Tablet
  2. Geo
  3. Realtime Search
  4. Chrome OS
  5. HTML5
  6. Mobile Video
  7. Augmented Reality
  8. Mobile Transactions
  9. Android
  10. Social CRM
Read the entire article here.

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Wednesday, January 06, 2010

Top of the World: The Dubai Khalifa Launch

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Think what you may here but the Burj Dubai, now officially renamed Dubai Khalifa and considered the world's tallest building in the world, has finally opened for business. We first wrote about this building August 2, 2008.

The project has been rescued from near financial disaster. My concern for Dubai is that the country will eventually experience the same financial bubble or burst we just went through in the United States.

Enjoy it while you can. Read more here.

Additional resources:

Dubai's Mark of Dependence (WSJ)
Everything You Don't Know About the Burj Dubai, er, Khalifa
The Burj Dubai-Burj Khalifa name change: Better change those T-shirts and caps in the gift shop--and a whole lot more

Tuesday, January 05, 2010

Global iTablet from Apple?

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Whatever it is and whenever it is launched, get ready to take your business global by developing accessories for the soon to be announced Apple tablet.

Read more here.

Monday, January 04, 2010

A Look at Business Books 2009 on Globalization

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strategy+business gives its list of Best Business Books 2009 and five of them offer insights into the changing topology of global trade and influence.
The best books on globalization this year offer insights into three directional trends that are changing the topology of global trade and influence: the deepening of regional ties across emerging markets; the continuing rise of powerful new global players; and, finally, the intractability of risk factors inherent in emerging markets and regional networks, and how best to analyze them.
Get ready to feed your global mindset and chart your business course. The five featured are:

1. The New Silk Road: How a Rising Arab World Is Turning Away from the West and Rediscovering China

2. Imagining India: The Idea of a Renewed Nation

3.
India’s Global Powerhouses: How They Are Taking On the World

4.
The Fat Tail: The Power of Political Knowledge for Strategic Investing

5.
Riches among the Ruins: Adventures in the Dark Corners of the Global Economy (pictured above)

strategy+business's review conclusion:
An unmistakable conclusion that we share with all the books featured in this essay is the assertion that the U.S. has lost its status as the preeminent driver of globalization. Thus, we predict that two trends will typify the next phase of globalization: First, stronger regionalism in terms of deepening economic integration in areas such as East Asia, Latin America, and the Arab world will be driven by local powers such as China, Brazil, and Saudi Arabia. Second, the global playing field for firms, capital, and strategies will become much more level as Western companies lose the automatic edge they once held in trust and credibility. (See “Capturing the Asian Opportunity,” by Andrew Cainey, Suvojoy Sengupta, and Steven Veldhoen, s+b, Winter 2009.) Companies in emerging and frontier markets may not become global leaders in their own right, but they will surely be powerful players in their own domains and beyond.
Care to share other enlightening books you read on globalization in 2009? We'll highlight them here on The Global Small Business Blog.


Saturday, January 02, 2010

The Four R's: Repair, Rebuild, Return and Rejoice

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No matter how tough the global economic environment, it is a time to repair (from what's been harmed), rebuild (from what's been weakened), return (to what matters) and rejoice (to what's yet to come) for a brand new year and decade.

Looking forward to it!

Thursday, December 31, 2009

Wednesday, December 30, 2009

The Great Global Divide

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The global recession is opening up a big gap in output performance between the chemical industries of the developed and developing worlds, which will continue to widen over the next few years.

Chemical producers in the emerging economies of countries such as China, India and Brazil are using expanding domestic demand to grab a larger share of the global chemicals market.
China is already accounting for 17 per cent of the world's chemical output,' says Thomas. 'The high growth in chemical production will continue in 2010 because of the large number of new chemical plants due to come on stream in the country during the year. Their output will slow down the big inflow of imports into China.'
Read more about this topic here at Chemistry World.

Tuesday, December 29, 2009

Encyclopedia of Small Business

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Always discovering something new and in this case, Encyclopedia of Small Business with a focus on globalization; basic but still interesting nonetheless.
Some people view globalization in positive terms, as a key force in promoting worldwide economic development. But others believe ...
More here.

Monday, December 28, 2009

SMEs Are the Backbone of Many Economies


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Small and medium enterprises (SMEs) are the backbone of many economies, including Ireland, and international business is an engine that seems to be running out of steam across all continents.

For example, take this excerpt:

‘‘SMEs are the backbone of this economy and it’s time the government sat up and took notice of this," said Curran.

‘‘We need to look at improving the export policy of these businesses, but the cost of competitiveness and a reduction in rates and other charges - such as energy - must be addressed. SMEs have done all they possibly can to cut costs.
Further:

‘‘We are still reliant on the international economy, and I would be very worried about the first few months of next year. This has probably been the worst year for SMEs in 20 years."
Read more at "SMEs Hanging On In Unforgiving Climate."

Additional resources mentioned in article:

Irish Small and Medium Enterprises Association (ISME)


Not mentioned in the article but of interest:
ISME & FORD Guide to Surviving in a Downturn

Ford teamed up with ISME to produce a useful guide for small business in the current climate 'Keeping the small business moving – A guide to surviving in a downturn', it gives advice on cash flow, general cost reduction and marketing as they relate to smaller business.

ISME & FORD Guide to Surviving in a Downturn (PDF)

Saturday, December 26, 2009

Make the Holidays Your Own

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"Christmas is a time when you get homesick -- even when you're home." ~ Carol Nelson

Friday, December 25, 2009

Wishing You a Bright and Shining Holiday Season Worldwide

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It's a most wonderful time of year! All of us worker-bees at GlobeTrade.com (www.globetrade.com) join in saying "Thank you" for your readership (and your comments). We wish you a Happy Holiday and a Successful New Year.
May 2010 be your year to take your business global!

Here's a look at Christmas in Rome. Enjoy.

Thursday, December 24, 2009

Guess Who's Leading the World Out of a Downturn?

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If you immediately thought Asia is leading us out of the downturn, you're right. Specifically, Hong Kong shows a burst of activity in consumer consumption.

An excerpt from the WSJ article, "Consumers Spend Asia Out of a Downturn."
"Chinese consumers are buying," says Dong Tao, regional Asia economist for Credit Suisse in Hong Kong. "Job prospects are good." Add what he calls "the spice of asset appreciation" in property and stocks, and folks feel richer.
All of that is good news for the world economy, which has relied on Asia to pull the world out of recession. The International Monetary Fund forecasts inflation adjusted growth in developing Asia will be 7.3% in 2010, compared to 3.1% globally. China has accounted for more than half of the world's economic growth the past three years, according to the IMF.
Still, Asia must rely on its exports to not just survive but to really thrive. More here.

Note: In observance of Christmas tomorrow, be sure to watch for our special holiday post.

Wednesday, December 23, 2009

Global Small Business Trends; How We Fared

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How much came true of what we predicted in our top 10 global small business trends for 2009? I'd say we nailed nine out of ten (No. 2 -- dotMobi is still up in the air) but see for yourself here.

We'll put together another trusty list for 2010 soon. Watch for it.