Faster than a speeding bullet. Energetic, enthusiastic, adaptable, flexible, accessible, decisive, nimble, innovative, responsive — in other words, you are pretty mighty already, right?
But all things considered, are you strong enough to continue driving your business results to the next level (globally)?
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Securing credit can be a headache for a small business owner, especially when she is trying to make her business global. With payments lagging in a recessionary economy and exchange rates in constant flux, small business owners need to smooth out cash flow with credit lines and loans.
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Today I participated in a live small business online forum (my second one) hosted by Bank of America and labeled as “Cost Effective Strategies to Go Global.” Here is a sampling of the questions I addressed:
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Meet the bold, the fearless and the restless (and that includes YOU!). Women-owned firms comprise forty percent of all firms in the United States, according to the Center for Women’s Business Research. They have implemented imaginative strategies to launch and expand their businesses,
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How can an entrepreneur or business owner prospect for global customers? What are some low-budget methods to source new business? How can one lower the barriers of language and cultural differences to reach people in foreign countries? How can technology be used to save on hard costs like travel, and soft costs like learning curve, in order to get to know the marketplace?
With the economy in a slump, new business can be risky business. Yet in spite of the uncertainty, many women feel cautiously optimistic about their business opportunities. About 58 percent of women business owners polled in the October 2008 Business Risk Survey expect revenues to grow in 2009.
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Want to do business globally? Think mobile.
Around the world, mobile phones are becoming the primary tool for communication, and that includes wireless messaging, commerce, banking and advertising.
By the end of October 2008, India alone had 326 million users of mobile phones,
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News from PROFIT Xchange: Supporting and Celebrating Women in Business and brought to you by PROFIT: Your Guide to Business Success (December 1, 2008). While you are at it, check out Canadian Business online.
Despite a slowdown in Canada’s economy,
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