Tuesday, 1 June 2021

Exporting Can Boost Small Business Recovery

©iStock/Lady-Photo
By working to enter, or re-enter, the global marketplace, many small businesses are sitting on the precipice of success. 
Nearly 96 percent of the world’s consumers live outside the United States and trade represents nearly two-thirds of the world’s $80 trillion economy. With exporting as a component of a business’ growth strategy, a company can expand faster, create jobs, and pay higher wages — all while contributing to the local economy.

In this particular example, Michigan firms are considering pivoting and enhancing their customer base and revenues via exporting.



from The Global Small Business Blog https://ift.tt/2Tp3oK8

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