Friday, March 03, 2017

Is There Such a Thing as the Ugly American?

©iStock/antoninaart
Ugly American?  What's that you ask?  That surely isn't me! According to Maya Hu-Chan:
We all have a mental picture of the “Ugly American” — brash and arrogant, with an ethnocentric belief in America's singular greatness. When ugly Americans travel, they tout Big Macs over local cuisine and offer firm handshakes no matter the local greeting customs.
Is that you?  I hope not.  But as Maya goes on to say, "When working across cultures, sometimes it's less important to be “right” and more important to be aware of the impression you create."

I could not agree more.  Read the entire article here.

Thursday, March 02, 2017

Idiot-Proof Website Builder By Global GoDaddy

©iStock/ChristianChan
Global GoDaddy, an Internet domain registrar and web hosting company, is passionate about empowering SMBs to manage their business needs. They should be because small businesses see a website as a crucial tool for driving awareness for a brand, not just locally but globally.

With their new Website Builder, you can create a new website in lickety-split time and have it be mobile-friendly and integrated with your social pages so it can be viewed anywhere, anytime.

Read more here.

Wednesday, March 01, 2017

The Mother of all Mixups: The Global Oscars 2017

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In case you missed the global Oscar ceremony 2017, here's BBC's take on it and Time magazine's.
"Faye Dunaway and Warren Beatty presented "La La Land" as the winner of the best picture award, and the celebration began on stage but was quickly ended when one of the "La La Land" winners pointed out that in fact "Moonlight" had won the award." Source: CNN

Tuesday, February 28, 2017

Gator Guard Makes Huge Splash Into Global Markets

©iStock/malexeum
Small businesses are the key to keeping local communities afloat and also for driving a healthy number of American exports.  Take Farmington, Illinois based Gator Guard.  They are a USA-maker of premier marine protection products.  Sue Smith, President and CEO, stands at the helm of the business.
She [Sue] knew there had to be a better way. None of the products on the market at the time provided the quality she thought was necessary in order to protect her boat. So since Day One of Gator Guards inception, Sue and her team have worked tirelessly to research, develop and bring the best protective technologies and products to the marine industry.
Gator Guards has done so well internationally that it earned the Governor's New Exporter Award for Manufacturing in 2016.  Since Smith began focusing on exporting in 2013, she has seen international sales grow annually -- to the point that they could meet or exceed Gator Guard's domestic sales in the next 5 years.

Learn more here.  Go Gator Guards!  And congrats on your award.

Monday, February 27, 2017

Today in Global Small Business: How to Power Cross-Border Payments On Your Online Platforms

©iStock/Wara1982
What's affecting me, my clients, my colleagues and other global small business owners:
  1. How to break into an overseas market.
  2. How to take your business global in a heartbeat.
  3. The trials and tribulations to running a growing global business (webinar 3/8; no charge).
  4. FedEx helps small businesses achieve their dreams of growth and success with a grant contest.
  5. For many Canadian small businesses, the talk of the new NAFTA might impact them.
  6. How to power cross-border payments on your online platforms.

Saturday, February 25, 2017

Fill Your Own Shoes

©2017 Laurel J. Delaney.  All rights reserved.
"You have your own shoes.  Don't worry about filling someone else's." - Anonymous

Friday, February 24, 2017

What's On the Horizon for Commerce Trends in 2017?

iStock/jamesteohart
Commerce marketing automation provider Bronto asked experts inside and outside their company to talk about what's on the horizon for commerce trends in 2017.
In a nutshell: Get ready for global ecommerce, a more visual approach to marketing to customers, the emergence of cost- effective browse recovery technology and virtual dressing rooms, a more thoughtful approach to omnichannel marketing and, as always, a keen focus on personalization.
Read the full report here.

Thursday, February 23, 2017

Middle-Market Leaders Across America Are More Optimistic About the Global and National Economies

©iStock/ExcellentPhotos
JP Morgan surveyed more than 1,400 middle-market executives, and 80% said they were optimistic about the national economy.
The 2017 Business Leaders Outlook found that business executives from small and mid-sized firms across the US are more optimistic about the global and national economies and think that the Trump administration will be a positive for the country.
What's the cause for the positive outlook?  President Trump is said to be at least part of the optimism.  There's good and bad here.  The good is the possibility of tax reductions and less regulation - positive impact. The bad is over the more protectionist trade policies - negative impact.

Read more here.

Wednesday, February 22, 2017

What Is Flex Global View?

©iStock/dikobrazly
As UPS says, "If global shipping and supply chain management responsibilities have you overloaded, Flex Global View can help."
You'll get total visibility even across multiple modes of transportation--with a suite of tools that equip your business with key information to truly set you apart from the competition. With Flex Global View you have the ability to view and respond to shipment information and critical milestones as they occur.
To learn more, visit here.

Tuesday, February 21, 2017

A Pathway Towards an Agile and Enabled Digital Future

©iStock/panupong1982
UK businesses are looking for guidance, a pathway towards an agile and enabled digital future.  The only way out is for the UK government to outline what, if any, their digital strategy will be going forward.

Richard Hurwitz, Tungsten Network's CEO, says:
Many business functions are currently being held back by legacy systems and attitudes causing problems and limiting growth. The back office is, pun intended, holding business back. Will 2017 be the year that digital automations and technical collaboration accelerate across the global supply chain?
Full disclosure:  Tungsten Network offers e-invoicing, invoice finance and spend analytics solutions for AP and AR professionals.

In order to grow, all business owners, especially smaller ones the world over, must have an open global economy.  The fact remains that we must connect the unconnected.  There's no better place to start than through technology-empowered growth strategies.

Read more here.

Monday, February 20, 2017

Today in Global Small Business: Building a Global Community

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

Saturday, February 18, 2017

Accepting a New Reality

©2017 Laurel J. Delaney.  All rights reserved.
"Resilience is accepting your new reality, even if it's less good than the one you had before." -- Elizabeth Edwards

Friday, February 17, 2017

Ninety Percent of Trucking Is Made Up of Small Businesses

©iStock/olcayduzgun
Kansas City, Missouri-based Owner-Operator Independent Drivers Association (OOIDA), which has 158,000 members nationwide, says it is looking forward to working with Linda McMahon as the newly appointed leader of the Small Business Administration.
“More than ninety percent of trucking is made up of small businesses,” said OOIDA executive vice president, Todd Spencer. “Our hope going forward is to have more recognition and appreciation for the unique contributions that small business truckers add to the prosperity of the U.S and the economy.”
OOIDA was established in 1973.  Linda McMahon was sworn in as SBA leader after Trump was voted in as President of the United States.

Read more at Go By Truck Global News

Wednesday, February 15, 2017

What UK SME Exports Reveal

©iStock/alice-photo
Today, we take a look at reports from two big global shipping companies, FedEx and UPS, on the state of UK SME exports.

FedEx says:

"More than 63 per cent of British small and medium sized enterprises (SMEs) are exporting and making a significant contribution to rising international trade by taking advantage of declines in the value of the pound, reveals new research of exporting SMEs by FedEx Express."

UPS says:

"The UPS European SME Exporting Insights survey draws on the views of more than 12,800 owners and directors of SMEs in eight European countries. The research shows more small business owners are exporting, and reporting above average revenue growth."

For the FedEx study, "2015 European SME Export Report," visit: http://images.fedex.com/downloads/small-business/FedEx_EuropeanSMEExportReport_July15.pdf

For the UPS report, "2016 European SME Exporting Insights Study," visit: https://www.pressroom.ups.com/assets/pdf/pressroom/white%20paper/European%20Exports%20Study_2017_0118_FinalUKPanEU.pdf

Tuesday, February 14, 2017

SMEs are the Bedrock of the Global Economy

©iStock/StockRocket
PYMNTS takes a good look at the latest statistics on SME health, optimism and finance for markets in the U.S. and beyond, including the U.K., Australia and South Africa.  Here are their top six highlights:
  1. 84% of U.S. SMEs visit bank branches to make deposits, according to a new survey by Mercator Advisory Group that examined how small business owners interact with their banks.
  2. 76.2% of Australian SMEs say they are confident in their prospects for the next three months, said the Bankwest Future of Business: 2017 Outlook report. 
  3. 67% of U.K. small business accountants say better integration of software is a key focus for them this year, even more important than replacing physical paper forms with digital ones, the latest report from Exact said. 
  4. 66% of U.K. SMEs expect revenue growth of at least 4% this year, said American Express’ Global SME Pulse report. 
  5. 48% of South African small businesses are negatively impacted by late B2B payments, the latest analysis from Xero found. 
  6. 24% of big U.S. banks approved small business loans last month, Biz2Credit found in its most recent Small Business Lending Index. 
Read more here.

Monday, February 13, 2017

Today in Global Small Business: How to Win Global E-Commerce Customers in China

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

Saturday, February 11, 2017

Friday, February 10, 2017

What Is Dodd-Frank and How Does it Impact Small Businesses?

©iStock/Zerbor
President Trump has made a ton of executive orders and one of them has been to direct the Treasury to review Barack Obama’s 2010 Dodd-Frank financial regulatory law.  According to Small Business Trends, opinions appear to be split over the impact some of these policies will have on small business. But what exactly is Dodd-Frank all about and what are its implications?

Small Business Trends covers it all here.

Thursday, February 09, 2017

Dream Big, Set Goals, and Make the Top 10 Blogs for Entrepreneurs List

©iStock/adrian825
We are always happy (and honored) to make a top 10, 50 or 100 list for our Global Small Business Blog.  In this case, we made the Top 10 Blogs for Entrepreneurs to Read Daily.  Here's how they put the list together:
The criteria for making this determination was the richness of experiences, the depth of knowledge and the breadth of all aspects entrepreneurial.  These are entrepreneurs that have chased the same goal as your business and successfully succeeded both personally and professionally.
Discover the other great blogs featured here.  We are in good company.  Thank you to Deskhub, a coworking and office space, for putting the list together.

Wednesday, February 08, 2017

Tapping Into Global Markets Empowers People Worldwide to Share a Better Economic Future

©iStock/ImageDB
How many global scaling opportunities are you missing today? That is the question that begs to be asked and puts the elephant right on the table.

According to CEO & Founder of Startup Professionals, Inc., Martin Zwilling, there are six key risk factors when scaling a business to go global.  He bases the article below on NYU Stern School of Business scholar and leader Robert Salomon's recent book, “Global Vision."  The six factors are as follows:
  1. Size market potential granularly based on local economics. 
  2. Assume large and frequent economic swings.
  3. Currency exchange fluctuations can wipe out gains.
  4. Factor in basic infrastructure quality and services. 
  5. Evaluate the political climate and operational processes. 
  6. Honor cultural sensitivities and assumptions. 
Read more here.

Tuesday, February 07, 2017

Alibaba's Jack Ma Promises to Help Australian Small Businesses Grow

©iStock/FiledIMAGE
Jack Ma, CEO of Alibaba and considered China's richest tech boss, with a net worth of about $US28 billion, promises to use funds he received from the Australian government to help Australian small business grow and expand offshore.  He just cut the ribbon on a brand new Alibaba HQ in Australia.
It's understood the Daniel Andrews state government has provided a number of "incentives" to Alibaba to set up its Australia-New Zealand headquarters in Melbourne but the ecommerce giant refused to reveal the exact nature of these concessions or the size of the investment.
Read more here.

Monday, February 06, 2017

Today in Global Small Business: Rewiring the Global Economy

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

Saturday, February 04, 2017

Forgive Yourself

©2017 Laurel J. Delaney.  All rights reserved.
"If God forgives us, we must forgive ourselves."  -- C.S. Lewis

Friday, February 03, 2017

Small Businesses Are a Big Part of the Global Economic Pie

©iStock/amazingmikael
Are men and women different in their outlook of what level of success they can achieve running their businesses?  Bhakthi Puvanenthiran thinks so. And she bases it on experience in her role as an editor of My Small Business at The Age while interviewing quite a few small business owners in Australia.

During her conversations, men would say, "we will go global in 18 months" or "we're the market leaders in this field."  Whereas, when she interviewed women, they expressed finding a work/life balance, having control over their own lives and, hiring people.

Regardless, small business owners march to their own drums.

In closing, Bhakthi Puvanenthiran says:
Sole traders, small businesses and start-ups are carving out a much bigger part of the economic pie. They deserve all the support they can get.
Read more here.

Thursday, February 02, 2017

How to Improve Your Reach in the Global Marketplace

©iStock/pabradyphoto
If you run a global small business like I do, it's tough to pull out of the area where you live and work to merely have better and greater access to the world marketplace.  Yet bigger companies, with bigger budgets, are able to do so.

Take Caterpillar Inc. with their HQ office located in rural Peoria, Illinois.  There has been a lot of talk lately on whether it might be better suited for Cat to take its business to a bigger city in Illinois, like downtown Chicago.  Here's the latest:
The plans to build a new office complex in Downtown Peoria have been scrapped [1/31/17], and the company will move its global headquarters to the Chicago area by the end of the year. -- Source:  Journal Star
Will Peoria still be the center of the universe for Caterpillar?  After all, they want to remain local and global.  If you are a customer based in India, do you think it makes a difference?  A lot depends on where a specific product is manufactured -- Brazil, the UK or downtown Chicago?  Your guess is as good as mine.

Wednesday, February 01, 2017

Reigniting the Global Entrepreneurial Spirit

©iStock/ismaglilov
President Trump is trying to get the American dream back for entrepreneurs.
President Trump signed an executive action Monday (1/30/17) that will result in a reduction of federal regulations on small businesses. He said the executive action would “knock out two regulations for every new regulation” adopted by federal agencies.
We are not inclined to hold our breath on what comes next concerning international trade.

Read more here.

Monday, January 30, 2017

Today in Global Small Business: What Do SMEs Worldwide Think?

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

Friday, January 27, 2017

Top 10 Global Startup Hubs of 2017

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How did Inc.com arrive at the top ten global startup hubs in 2017? It appears to be based on the sheer number of accelerators, startups, working spaces, tech companies, and millionaires in a city throughout the world -- fueled with heavy government support and investment opportunities.  Here's the list.
  1. London
  2. Paris
  3. Berlin
  4. Los Angeles
  5. Boston
  6. Singapore
  7. Bangalore
  8. Stockholm
  9. Moscow
  10. Tel Avid
Read more about specifics here.

Thursday, January 26, 2017

Improve Your Bottom Line Via Exports

©iStock/ake1150sb
Geri Stengel, president of Ventureneer, writes a great piece for Forbes on How Exporting Can Improve Your Bottom Line.  We are honored to have been a key part of the article and especially grateful to see a mention of our favorite nonprofit, Women Entrepreneurs GROW Global (disclosure:  Laurel Delaney serves as President of WEGG, which is a 501(c)3 organization).

Thank you Geri Stengel!

Read more here.

Tuesday, January 24, 2017

Laurel Delaney's Cheat Sheet to Growing a Global Business

©iStock/eternalcreative
From choosing the right market to learning how to set prices thoughtfully, this is your cheat sheet to growing a global business. Here's an article I [Laurel Delaney] penned for GoDaddy.

Monday, January 23, 2017

Today in Global Small Business: Business Builders Are the Heroes of the Global Economy

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

Saturday, January 21, 2017

The Day After

©iStock/oatawa
Hundreds of thousands of women plan to meet today (1/21/17) at the Capitol (USA) to demonstrate their freedom and the freedoms of those they love.

Here's where you can learn more:

Friday, January 20, 2017

The 45th President of the United States of America: Donald J. Trump

How to Dive Into International Markets

©iStock/Ugreen
Unsure of how to dive into international markets?  Or are you opting to avoid it altogether?  Especially with recent international uncertainties such as Brexit (UK) and the new President-elect Trump (USA), being wary is understandable.

Yet, how can small businesses not only expand by selling globally, but also ensure that they have a successful outcome despite economic or political uncertainties? Here are five strategies.  The first one being diversify your selling to different markets and countries.

Read more here.

Wednesday, January 18, 2017

Bright Future for American Small Businesses?

©iStock/julief514
According to BizBuySell.com, an internet business-for-sale marketplace, annual small business transactions reached record levels in 2016, topping the previous year’s totals by 8.6 percent and 2014’s previous high by 4.6 percent.

The question remains:  Are small businesses selling their businesses because they want out now as opposed to a wait and see approach or are they really selling because it feels like a healthy environment to make a move?  Only time will tell.
Overall, small business indicators point to a healthy market for buying and selling in 2017,” House [President of BizBuySell.com and BizQuest.com] said. “Although there will certainly be issues to watch under the new Trump administration, as long as small business financials continue to improve and a steady supply of listings enter the market, transaction activity should continue its momentum well into the new year.”
Read more here.

Tuesday, January 17, 2017

Building Bridges in the Global Startup Community

©iStock/NicoEINino
Seedrs, the London-based crowd funding network with an international outlook, with investors and entrepreneurs from more than 60 countries using the platform, has partnered with a major Chinese venture capital (VC) firm for one of the largest international entrepreneurship competitions.
Seedrs Founder, Jeff Lynn, added: "IEIC [the China Innovation and Entrepreneurship International Competition] is building bridges amongst global startup communities and will be an invaluable experience to ambitious young business founders.
Applications for the IEIC are open until February 28, 2017. You can enter the competition here.

Read more.  Note:  Seedrs will be opening to American investors shortly.

Monday, January 16, 2017

Today in Global Small Business: Imagine a World Without Hate

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

Saturday, January 14, 2017

The Mellie of All Cats

©2017 Laurel J. Delaney.  "Mellie."  All rights reserved.
"Time spent with cats is never wasted." ~ Sigmund Freud

Friday, January 13, 2017

Embrace Technology to Streamline Processes

©iStock/manfelyang
Forward-thinking global SME owners and managers are continuously embracing technology to streamline processes and restructure their business models for greater profitability.  As a result, outsourcing is becoming a priority.  It is estimated to be a global market place worth over $600 billion per annum with cost-savings being the primary reason for doing so.

How do you choose the right outsource partner?  Read more here.

Thursday, January 12, 2017

Egypt Supports Local Entrepreneurs to Unleash Their Potential Internationally

©iStock/nandyphotos
According to the Washington Times and based on numerous studies, Egypt's ideal entrepreneurial ecosystem fosters the growth of entrepreneurial and innovative ventures and has five main pillars:
  1. Access to funding.
  2. Entrepreneurial culture.
  3. Educational systems supporting the entrepreneurial mindset.
  4. Accommodating regulatory and tax regimes.
  5. A coordinated approach linking the public, private and voluntary sectors.
Egypt seeks to not only attract foreign innovation-driven ventures to capture its high potential youth market, but it is also wants to support local entrepreneurs to unleash their potential in the domestic and international markets.

Read more here.

Wednesday, January 11, 2017

Bar Chain Social is Rocking India

©iStock/amianmathur
The bar-office chain Social is now rocking India but its founders are graduates from the culinary school of hard knocks.  In India, many investors have created wealth from food but seldom overnight.  Big factors to success in this industry include timing, experience, experimentation and luck. And of course along the way there will be inevitable setbacks.

Read more here.

Tuesday, January 10, 2017

Wine and Fruit Are the Answers to Better Relations Between USA and China

©iStock/petrenkod
American president-elect Donald Trump met yesterday (1/9) to discuss Alibaba executive chairman Jack Ma's plans to create 1 million U.S. jobs by growing trade between U.S. small businesses and Chinese consumers.

According to Scott Kennedy, director of the Project on Chinese Business & Political Economy at the Center for Strategic & International Studies, Ma intended to set the structure of Alibaba’s business with the U.S. in a framework Donald Trump understands, as an innovative company that is creating jobs for both Chinese and Americans.
"It was a very productive meeting," Ma told reporters. "The door is open to discuss the relationship on trade issues."
Ma specifically mentioned agricultural products such as wine and fruit that could be sold through Alibaba to consumers in China and Asia.
Read more here.  And then there are other issues which must be overcome first, namely pirated and counterfeit goods.

Monday, January 09, 2017

Today in Global Small Business: The Hoffice Movement Spurs Better Use of Collective Intelligence

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

Saturday, January 07, 2017

A Place You Never Grow Tired Of: Heartland Cafe in Rogers Park, Illinois

©2016 Laurel J. Delaney.  All rights reserved.
Good wholesome food for the mind and the body in Rogers Park, Illinois, United States:  Heartland Cafe.  See it by day as well.

Friday, January 06, 2017

SMEs are Embracing Global Mobile: Here's Why

©iStock/Pinkypills
Opportunities abound for entrepreneurs in the new year.  Yet, finding and capitalizing on them requires knowing what to look for and how to decipher quality from quantity and which ones offer the greatest impact for business growth.

Jim Squires, director of market operations at Instagram, shares insights with Small Business Computing, predicting that entrepreneurs will face no shortage of opportunities for success in 2017.

Read more:  Small Businesses Going Global and Embracing Mobile in 2017

Thursday, January 05, 2017

The Future of the American Economy: Women Entrepreneurs

©iStock/Oko_SwanOmurphy
We've been following Geri Stengel, president of Ventureneer, for quite some time with her reports on what's happening and needed for women entrepreneurs to prosper and grow in the USA.  Below she pens a mighty good piece:

14 Assists That Will Help Women Entrepreneurs Score in 2017 via @Forbes (#whatWEneedtosucceed).

Don't miss it.  Especially if you are, like I am, a woman entrepreneur.  Pass it along.

Wednesday, January 04, 2017

TPP: The Future of Our Country’s Participation in the Global Economy

©iStock/Rawpixel
With or without the Trans-Pacific Partnership, the challenge remains the same: The United States must maintain its dominant position as a world trade leader.  Otherwise, companies big and small will be at a competitive disadvantage in the international marketplace.
The election is over, and campaign rhetoric must give way to real dialog. The issue isn’t just the future of TPP, but the future of our country’s participation in the global economy.
How will we compete?

Read more here.

Tuesday, January 03, 2017

A Look Back on 2016: 10 Top Trends

And if you are interested in looking forward at global trade trends 2017, go here.

Monday, January 02, 2017

Today in Global Small Business: Laurel Delaney's Global Trade Trends Report 2017

©2017 WEGG.  All rights reserved.
What's affecting me, my clients, my colleagues and other global small business owners: