Export Your Way to Rapid Growth

air cargoThe latest news from the U.S. Commerce Dept. shows the country’s on pace to double exports by the end of 2014. Coupled with news that the Ex-Im Bank has just approved $789 million in small business financing for FY 2012, this means your business has the resources and demand to grow quickly by exporting goods.

 

For those of you new to the idea of exporting, don’t be intimidated. As you get started, look for global factoring companies that are well-versed in guiding you through the process. They can also help you smooth out any cash flow gaps and work with you to deal with language barriers and exchange rates.

 

As you assess your opportunities, think about whether your products are appealing to Central and South American businesses and consumers as well as those in Hong Kong, Thailand, Turkey and South Africa. They represent the areas of largest annualized growth – all double digits. South American markets Argentina, Brazil and Chili, for example, are averaging 30% growth compared to 2009.

 

Economists now see exporting as a key driver of the recovering economy. Why not take advantage of this emerging mega-trend in global business growth?

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