Monday, July 26, 2021

Today in Global Small Business: Exporting Opens Up Whole New Revenue Streams

©iStock/Tryaging
What's affecting me, my clients, my colleagues and other global small business owners:
  • North Carolina exports billions of dollars in goods and services to the world each year. For small business, it can open up whole new revenue streams to keep them afloat in down economic times.
  • Open banking is creating new possibilities for businesses that want to reach a global market.
  • Small and medium-sized businesses in Latin America can find it difficult to get the funds they need to export their goods to the United States. It’s a gap Marco Financial is looking to bridge through its tech-enabled risk assessment platform that can provide better insight on who should receive loans.
  • Quote of the week:  “Business expands in proportion to one's courage to go global" – Laurel J. Delaney
  • How to MacGyver Your First Export by Laurel J. Delaney.
  • The State Star Award is given to someone who exhibits exemplary performance, makes a significant contribution to his or her SBDC program and shows a strong commitment to helping small businesses grow; it goes to Kevin Kim at Illinois SBDC/ITC.

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