Showing posts with label Entrepreneurs' fears may jinx Obama's export push. Show all posts
Showing posts with label Entrepreneurs' fears may jinx Obama's export push. Show all posts

April 27, 2010

Be Fearless: Get Out There and Export!

Another great (expanded for print version) article on exporting by John Tozzi for BusinessWeek:

Entrepreneurs' Fears May Jinx Obama's Export Push

Here's an interesting issue posed by a small business owner:
Payment isn't the only challenge. Betsy Shields, founder of Breakaway Technologies based in Park City, Ill., sells used computer equipment abroad. Exports made up about 30% of her total sales of $2.4 million last year. Brisk business in Hong Kong and Singapore, though, dried up in 2007, when computer hardware manufacturers "dumped a lot of brand new product over there at pretty low prices," she says. A recent prospect in Tanzania looked promising, but tariffs made Shields' goods too costly.
We are honored to be included in this story. A hat tip and thank you to John for always reaching out to us whenever a feature has to do with global small business.