Archive for the 'Exporting' Category

3 Reasons to Support Nigerian Women in Agriculture

Supporting the food sector, agro-allied businesses and specifically women farmers, boosts the national economy, increases national food supply and exports, empowers women and provides healthier food choices for our families.

In Nigeria, they prefer to buy locally; thereby, enhancing their food security and local consumption.  Also by supporting the local female farmers in Nigeria, we are directly:

  1. Powering entrepreneurial investment and exports.
  2. Supporting women-owned businesses.
  3. Helping to put money back into her [a woman’s] household that will feed her children.

As the article below states:

Dried fruits and foods such as plaintain chips can be processed in different ways and sold for economic gains for the farmer, the processor, the exporter and the nation as a whole. All of these are more than sufficient reasons why women should be aggressively and deliberately positioned for economic empowerment.

Read more …

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Note: Don’t miss our next WEGG webinar 5/10/17 on “How to Improve Your Website For Global Customers,” and presented by John Yunker, Co-founder of Byte Level Research, author of “Think Outside the Country.” Register here:  https://attendee.gotowebinar.com/register/4596645079593705731.
Event is no charge but you must register in advance to attend.

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Women-Owned Firms That Export Earn More

Michael Froman, former U.S. Trade Representative, explains the importance for women-owned businesses and firms to be able to export their products.  Why?

Studies have found that women-owned firms that export not only earn more, but also employ more people and are, on average, more productive than women-owned firms that do not. In addition, women-owned businesses that export their goods and services average $14.5 million in receipts, compared to just $117,036 for women-owned businesses that do not export. Clearly, exporting has very real advantages.

Big takeaways from the article:  Know your market, your assets, your partners, and the rules.

Read more here.

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Note: Don’t miss our next WEGG webinar 5/10/17 on “How to Improve Your Website For Global Customers,” and presented by John Yunker, Co-founder of Byte Level Research, author of “Think Outside the Country.” Register here:  https://attendee.gotowebinar.com/register/4596645079593705731.
Event is no charge but you must register in advance to attend.

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5 Answers to Exporting Craft Spirits Worldwide

In follow up to our March 8 WEGGinar™ on “Regulations, Conventions, and Battles of the Spirit: The International Trade of Craft Spirits” with Dr. Sonat Birnecker Hart (pictured), President and co-founder of Chicago, Illinois-based KOVAL Distillery, we circled back with Sonat to address five remaining questions that attendees had.  Here are her answers.

1.  Are there certain countries where you have chosen not to export your spirits and why?

Yes.  South America … but only for the time being.  There is too much cross trade there and a need for special closures which we do not want to have to deal with now.

2.  Do you need to translate labels to bilingual in certain markets?

Yes, Canada is a good example of that.

3.  How do you vet appropriate trade shows for a product line, especially with the intent to locate good distributors?

One needs to see where the most buyers are going. Trade shows that focus on consumers are not usually the best for expanding distribution business. ProWein is probably the best liquor trade show in the world, so that is a good place to start. For the US, the Wine & Spirits Wholesalers of America Annual Convention is good; WSWA: http://www.wswa.org/.

4.  With all of your travel for various purposes, what do you do about obtaining visas? Do you obtain business visas or work permits?

It really depends on the situation. Just to attend a trade show in another country it is not really necessary.  I declare samples for business and state that I am traveling for business but even so, I have not had any issues and on my last trip to Canada, they did not even charge me duty on my samples and just waved me through.

5.  Thank you for the great presentation.  I hope to learn more about export licenses.  Meanwhile, where can I start? Is it similar to beer exporting?

Exporting liquor is different than beer. It really depends on the country as each one has different regulations. Having a distributor that is interested in working with one is the best first step. They can help guide one toward what is needed and one can also ask via trade missions.

Thank you Sonat for sharing your expertise with us.  And we are thrilled to learn that you and Robert Birnecker were recently honored with the SBA 2017 Illinois Small Business Persons of the Year award.  On behalf of all your WEGG fans, congrats! We are very proud of you and Robert.

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Note: Don’t miss our next WEGG webinar 4/5/17 on “Even a Small Business Can Be Global,” and presented by Natalie Kaddas, CEO, Kaddas Enterprises Inc. Register here:
https://attendee.gotowebinar.com/register/5344517495639686658.
Event is no charge but you must register in advance to attend.

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Women Have Big Global Aspirations

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According to Bruce Billson, former Minister for Small Business and brand ambassador for Efic, the Australian Government’s export credit agency, female exporters have three key traits:

  1. They have big ambitions
  2. They draw on life experience to navigate new markets
  3. They persevere to overcome barriers

He goes on to say:

screen-shot-2017-01-28-at-2-59-04-pmMany of the female exporters I encountered set out in business with a vision to take on the world. While their business operations may have started small, their aspirations were big. Having confidence and belief that you can scale and expand your business in new markets is important when setting out to build an export business.

Read more:  How Australian women are succeeding in the export trade.  Immediate download to Women, Global Trade and What It Takes to Succeed 2015.

NEWS:  In case you missed it, WEGG was mentioned in Forbes!

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Note: Don’t miss our next WEGG webinar 2/1/17 on “5 Basic Elements of a Global Social Media Plan,” and presented by Melisa Hinosoja, IBM Digital Marketing and Commerce Specialist. Register here:
https://attendee.gotowebinar.com/register/4285210609604750594.
Event is no charge but you must register in advance to attend.

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Malaysian SMEs Export More than $1 Million Worth of Products

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A memorandum of understanding (MOU) between SMEs and foreign companies was signed in September last year (2016) in Sungai Petani. The five-year agreement will see about US$1 million worth of products (such as instant coffee, Stevia-based sweeteners and flavored carbonated drinks) exported abroad annually from Sungai Petani (a town in Kuala Muda District, Kedah, Malaysia) to Africa.

The state’s Women, Development, Agriculture and Agro-Based, Entrepreneur Development, and Community Welfare Committee chairman Datuk Suraya Yaacob, said that this achievement was a result of the great teamwork by the group of entrepreneurs under the Koperasi Usahawan Groombig Negeri Kedah Bhd (KuGerak).  [KuGerak was established in 2008 and now has more than 184 SMEs as members.]

The anticipation is that within a year the SMEs will also export their products to China and the United States.  The goal is to boost exports for SMEs so they break into more international markets, become stronger, and survive much longer.

Read more here.

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Note: Don’t miss our next WEGG webinar 2/1/17 on “5 Basic Elements of a Global Social Media Plan,” and presented by Melisa Hinosoja, IBM Digital Marketing and Commerce Specialist. Register here:
https://attendee.gotowebinar.com/register/4285210609604750594.
Event is no charge but you must register in advance to attend.

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Women Entrepreneurs GROW Global Export Workshop in Chicago 11/9

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Don’t miss our first on-the-ground WEGG Export Workshop held at the Polsky Exchange (formerly Chicago Innovation Exchange) on Wednesday, November 9th from 9:30 a.m. — 12:00 p.m. (noon). You will hear from Lisa Bitsky, President, Automated Design Corp. and winner of the Exporter of the Year award, as she shares how she took her company global.

We’ll also take a short tour of the Polsky Exchange to see first hand what innovation and inspiration looks like when it comes to business creation.

To learn more and to register, visit: https://www.eventbrite.com/e/wegg-workshop-on-exporting-tickets-25724870781. Registration: $20. Students: $10. First 10 students who sign up attend no-charge thanks to a generous donor.  Coffee, tea and muffins will be served.

upssmalllogoSpecial thanks to IBM and UPS for their sponsorship and support to this event.

See you there!

Tell Us How and Why You Want To Grow Global and Win BIG!

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UPS, in partnership with Metro Chicago Exports & JPMorgan Chase, announced the 2016 Metro Chicago International X-port Challenge. Listen up all women entrepreneurs and business owners!

This export pitch contest starts with you simply telling UPS-Metro Chicago Exports-JPMorgan Chase how and why you want to grow your global business — and you could be the winner of $10,000 in free export shipping credits and a matching prize of $10,000 in grant dollars.  And the beauty of this offer is that it only take a few minutes of your time to apply.  Imagine all the new customers your business could reach worldwide with these prizes!

The top 10 applicants will be invited to a “Pitch Off” event at Chase Tower in downtown Chicago on Thursday, October 20, 2016. These 10 businesses will have an opportunity interact with an illustrious panel of expert judges.

Three winners will be selected based on their international appeal and execution strategy. Should you qualify as one of their top 10 finalists, you will be contacted for verification and with further Pitch-off event date and location details. You must be available to participate in the Pitch-Off event to be eligible to qualify as a finalist.

This event is open to small and medium-sized companies (men and women may apply) located in Cook, DuPage, Kane, Kendall, Lake, McHenry and Will counties.

Go here to apply:  https://global.ups.com/x-portchallenge/?WT.mc_id=VAN701625  Note:  Deadline is September 16th.  Good luck! Let us know if you come out a winner!

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Note: Don’t miss our next WEGG webinar 8/24 on “Reach Multilingual Markets: Creating Content, Developing Effective Partnerships, and Utilizing Translation Technology,” and presented by expert Jennifer Murphy, Director of Marketing, Eriksen Translations, Inc. Register here: https://attendee.gotowebinar.com/register/8702241284561995012. Event is no charge but you must register in advance to attend.

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Women Account for 48 Percent of all SMEs in Kenya

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In Kenya, women-owned businesses account for over 48% of all SMEs, contributing about 20% of the Kenyan gross domestic product (GDP). Hence, the reason for a partnership between SheTrades Initiative (launched by the International Trade Centre) and Barclays Kenya for the purpose of offering local women entrepreneurs support in critical areas, including financial management, in order to help them create and maintain links to international markets.

“This partnership comes at an opportune time when SMEs are being globally recognised as vital economic growth and employment drivers. SheTradesKe presents us with a great opportunity to empower women in business and certainly draws us a step closer towards achieving the United Nations Sustainable Development Goals which seek to eradicate extreme poverty by 2030, while curbing social and economic inequalities,” Mr Awori [Managing Director, Barclays Bank of Kenya] said.

Read more:  Barclays, ITC cooperate to link up 10,000 women entrepreneurs to export markets

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Note: Don’t miss our next WEGG webinar 8/24 on “Reach Multilingual Markets: Creating Content, Developing Effective Partnerships, and Utilizing Translation Technology,” and presented by expert Jennifer Murphy, Director of Marketing, Eriksen Translations, Inc. Register here: https://attendee.gotowebinar.com/register/8702241284561995012. Event is no charge but you must register in advance to attend.

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Our mission is to educate women business owners and entrepreneurs worldwide on how to go global so they can run healthier businesses and create a new future for themselves, their families and their community.

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