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Topic: globalization

Considerations of Global Sourcing

Global sourcing is a viable option for securing materials, components, products or even services for your business. Looking outside of your domestic market can yield a variety of benefits not available through local sourcing avenues. Usually with global sourcing it’s easy to think about manufactured products being produced overseas and transporte ... Read More

  February 7, 2018     

SMEs and Globalization: A Changing Landscape

Advances in technology over the last two decades have shrunk the world; travel is inexpensive, cross border payments are fast and businesses communicate in real-time. In this era, even small businesses can easily compete on the global stage. The internet has opened up opportunities for small businesses to export their products to foreign markets an ... Read More

  July 5, 2017     

2 Effective Ways to Grow Your SMEs Globally

With ever-growing globalization of the market place, the need to successfully export goods and services overseas is significantly important when it comes to growing your business. With the help of the internet the challenges facing small to medium sized enterprises (SMEs) can be made easier when considering exporting. Here, we will look at two effe ... Read More

  June 23, 2017     

Globalization and its impacts on small businesses – it’s not all bad

Globalization is a term given to the opening of borders and the increased mutually beneficial relationships between countries so that trade and services may be shared freely. This creates a pretty picture of harmonious alliances after a stronger global economy, and dare we say it, world peace. There are many benefits to increased globalization for ... Read More

  June 12, 2017     

Small-Man-Syndrome: How SMEs can be successful on a global stage

Small and Medium-sized Enterprises (SME) are companies that are independently owned and managed with less than 250 employees in their ranks and bringing in less than 50 million euros per year. The fact is, these companies make up 95% of the OECD (Organisation for Economic Co-operation and Development) and in most countries, they provide 60-70% [&he ... Read More

  June 10, 2017