Doing Business Globally
Thousands of small businesses, which account for 99.7 percent of all employers (according to 2011 U.S. Census data) in the United States, export products and services to other countries. According to the U.S. Trade Commission in 2012, small and mid-size businesses comprised nearly 98 percent of U.S. companies in the international trade arena. In fact, they accounted for 33 percent of goods exports. They are doing business globally.
As the Internet and social media continue to bolster our ability to collaborate with others across the globe, it’s not a stretch to predict more small businesses will embrace the opportunities to reach customers beyond the U.S.
Small businesses have opportunities to grow and thrive in a large, diverse global market. According to the Export.gov website*, 96 percent of consumers and two-thirds of the world’s purchasing power … Read More