@Revolution:Global Business News

New Economy, Leadership, Entrepreneurship, Management, Global Business

Going Global With Your Small Business

Posted by iBlog on August 9, 2007

Has your small business gone global yet? In an increasingly wired world, adding an international dimension – whether through importing, exporting, outsourcing, manufacturing overseas, or forming a strategic partnership – is now the province of both mom and pop ventures and large conglomerates. It is becoming almost as easy to do business in Peru as it is in Peoria. Result: The number of startups venturing overseas is skyrocketing. One recent study found that the number of multinational companies has swelled from 7,000 in 1975 to approximately 40,000 today. In addition, the net income of U.S. companies from operations outside the States now accounts for about half of income earned at home, compared to just 10 percent in 1950.

Read the full article on Fortune.com

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