The obvious by product of these improvements is lower unit costs, which directly increase profits. Currently, small businesses employ 57 percent of the American workforce. At the same time, it is noted that small businesses are growing at a more rapid rate than big business. In the next decade, it is estimated that 66 percent of all new jobs will be created by small business. Prepare For Exporting Be prepared.
International markets are very different from domestic markets.
You need to take time to gather information, interact with our government agencies and prepare a comprehensive market study and business plan. To assure success in international trade, certain fundamental steps should be taken. Market research must confirm the need for a product or service. The government will guarantee 90 percent of the loan made by a bank lender, providing a small business has met credit worthiness guidelines and can demonstrate a method to assure payment is made from the off-shore buyer. The Major Players Vary Companies serving in the global markets are normally organized in the following configurations.