Wednesday, January 07, 2015

Adopt Globalization As a Key Driver For Business Growth

©iStock/Onishenko-Galina
According to findings of an in-depth study conducted by the Economist Intelligence Unit (EIU) on behalf of DHL Express, the majority of SMEs see growth opportunities internationally and expect to derive up to 50 percent of their revenues internationally in five years’ time.

What else was discovered?  Those SMEs that trade internationally are likely to perform better than their single market counterparts.
The study also reveals that severe obstacles remain for smaller businesses with global aspirations, these challenges include political instability, cultural factors, different market environments and inadequate infrastructures.
Learn more:  The importance of global connectedness for SMEs

Download report:  Most SMEs planning to be global by 2019

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