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Small Businesses Going Global
Feb 14, 2008
Source: Inc.com
A report from Intuit's Future of Small Business found that lowered infrastructure costs and stronger social networks will encourage smaller businesses to go global, Inc.com reported. Based on interviews with business owners and industry experts, the report said that small businesses are already growing their exports three times faster than the overall economy and reduced trade barriers, social networks and access to manufacturers will help them do even more.
"It's fascinating how we are becoming a one-world, one-market economy," said Rick Jensen, vice president of Intuit's Small Business division, according to Inc.com. "Small companies can play big globally and remain small. Small-business owners apply what other businesses learned and use it to accelerate growth. There is a real trust factor from small business to small business."
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