Entrepreneurs Think Globally – The State of Small Business Report – Part 6

Network Solutions, LLC and the University of Maryland recently came out with a “State of Small Business Report” to take the pulse of what small business owners thinking. They surveyed 1,000 entrepreneurs and over the coming weeks I’ll be sharing some of the results that came back.

You can view the complete series so far by clicking here.  This is the final week in the series and I want to focus on how entrepreneurs think globally.

Week 6: Global Players

A final note on the story of small businesses in America is the surprising degree to which they operate globally. While globalization among big business is often associated with sending jobs overseas, small businesses are more likely to export goods and services outside the country than to import them.

  • 19 percent of small businesses sell goods or services to customers in other countries, and 9 percent consider the bulk of their business coming from outside the U.S.
  • 11 percent procure goods or services directly from suppliers in other countries
  • Only 2 percent have employees in other countries.

Are you selling to an international market?

I’ve love to hear your thoughts if you leave a comment below!

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40 Responses to “Entrepreneurs Think Globally – The State of Small Business Report – Part 6”

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  11. shweta says:

    nice one!!!!!!!!!!!!!!!!! it is very useful.

  12. unnikrishnan says:

    It is a very useful article and nice to read.

  13. Shaik Ahmed says:

    Hey Evan once again you given me the answers without asking questions to you and every day coming to know some thing new from your end am very happy that i got to know about this blog.

  14. surendart says:

    Very useful information and they are doing a good job of revealing the minds of small business owners. I’m sure this report would benefit the business minds.

  15. I don’t actually have my own physical product that I sell (although I am working on it), but yes my business is global.

  16. Great news Trent! I’m looking forward to seeing the Trent Brownrigg product launch!

    What is the new product?

  17. Joseph says:

    very useful article. thank you Evan – keep it up!

  18. Sarah says:

    very nice article. it is very interesting to read. thank you so much evan

  19. Ashley says:

    Very useful and informative blog. Keep the knowledge coming!

  20. Vikrant says:

    Nice information to be shared to everyone. Plz update the information periodically.

  21. Harish says:

    It is surprising to know that small businesses in America are exporting their goods to other countries & the percentage is quite moderate. I assume this will be an inspiration for any one who starts a new business. Concentrating international market than the domestic market will always bring in more cash to the company & also fame :-)

  22. Manny says:

    very nice post. it is very useful and you have done a great job

  23. Vidyarani Kabadi says:

    Hi,

    good info…

  24. balaji says:

    Interesting artice, nice to read

  25. preth says:

    nice article

  26. Christian says:

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  27. beri says:

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  28. karthi says:

    It is a very useful article and nice to read – super!

  29. Christian says:

    Thanks for this great post. I like what you wrote.

  30. Ashiq says:

    good one to read and understand

  31. V BALAJEE says:

    I like this article very much. Being an small business owner I have identified some breakpoints here which is very helpful for me in my business.
    Thanks for the article.

  32. gopi says:

    wow it is an excellent article

  33. gopi says:

    it is very useful

  34. Achala Verma says:

    This blog given more useful tips for small business. I think this post will be an inspiration for those people who want to start a new business.

  35. Nathan says:

    this is a wonderful article . i really appreciate it because it gives innovative ideas to small business owners.it also provide the information about the businesses services.

  36. Nathan says:

    Love this post!

  37. varun 05 says:

    This article is very nice. This article is very helpful for business people.

  38. sanjaysundar says:

    This article is really very interesting and useful for all.

  39. Nora says:

    Great article!!

  40. Nick says:

    Useful tips for small businesses, thanks!

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