By Evan Carmichael on May 11th, 2010
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!