Export Basics: Open For Business
Introduction: THE WORLD IS OPEN FOR BUSINESS
The world is open for business: your business. Today it’s easier than ever for a company like yours, regardless of size, to sell goods and services across the globe.
Selling globally is easier than you think. If you have a Website, you have the platform. Online marketplaces offer payment solutions and several ways to market your product.
From the Basic Guide to Exporting:
Exporting can be one of the best ways to grow your business:
- Grow your bottom line.
- Smooth your business cycles.
- Use production capabilities fully.
- Defend your domestic market.
- Increase your competitiveness in all markets
Have you considered:
- Ninety-five percent of the world’s consumers live outside the United States. That is a lot of potential customers to just ignore.
- Foreign competition is increasing domestically. To be truly competitive, companies must consider opening markets abroad.
- Exporting is profitable. In fact, 60 percent of small companies that engage in exporting derive 20 percent of their annual earnings from exports.
- Exporting helps businesses learn how to compete more successfully.
Here are some more facts & insights from the Basic Guide To Exporting:
FACT: Exports accounted for nearly 26 percent of U.S. economic growth during the past decade, and they are expected to grow by nearly 10 percent per year for the next several years.
INSIGHT: Exporting has brought growth to many U.S. businesses. It can bring growth to your business too.
FACT: Some small business owners think that exporting is too risky.
INSIGHT: Exporting to some markets, such as Canada, is no more risky than selling in the United States. Different international markets have different levels of risks. Almost any perceived risk can be identified and reduced by using the affordable export assistance now available.
Check out the entire chapter: Basic Guide to Exporting: Chapter One
Stay tuned for what’s next in the Basic Guide to Exporting.
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