Saturday, July 17, 2010

Why should we go GLOBAL??

The Playing field is wide open for small business. Here’s why both men and women should consider going global:-

  1. Increase sales.
  2. Generate economies of scale in production.
  3. Raise profitability.
  4. Insulate seasonal domestic sales by finding new foreign markets.
  5. Create jobs, productivity growth and wealth.
  6. Encourage the exchange of views, ideas and information.

Small business in particular can take a mentoring role in educating other men and women in going global. They can establish educational programs, conferences and other activities to advance their colleagues, and in doing so, promote professional growth and leadership among all small business owners. The best is truly yet to come.

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