Sunday, November 22, 2009

Small Businesses Still Important

This is a preview of my new book, Global Business: Positioning Ventures Ahead to appear with Taylor and Francis in June of 2010. I will be posting little snippets from the book every once in a while. I encourage you to read, comment, share, and your thoughts to the comment section. And look for the book in June.
The Commerce Department’s Exporter Data Base reveals that companies with fewer than 500 workers accounted for 97 percent of all U.S. exporters.
The number of small and medium-sized businesses that exported merchandise doubled from 1992 to 2006. Increasingly, smaller firms, particularly in the computer and telecommunications industries, are born global, since they can achieve a worldwide presence within a short period of time.

Do you feel that the current government policies are conducive to small business trade?  What would happen if many small businesses had to close, would the economy fill the void?
How does the lack of public perception concerning the importance of small business affect the situation?

Please comment!  I want to know what you think.

1 comment:

  1. No the economy will not fill the void if the business' close. My dad is the owner of a self employed business carpentry company and he has to import materials such as wood & tools while exporting certain wood that he grows in our backyard. I am aware of this situation and i feel that you can not replace a certain skill set, such as a carpenter, with the economy. It is not possible!