As the world economy continues to become interdependent, opportunities for small businesses to compete in the international marketplace become more attractive. Also, experience shows that small- to medium-sized businesses can and do export successfully.
- Small businesses represent 96 percent of all U.S. exporters, and are the fastest growing sector for U.S. exports.
- Of all companies that export, 52 percent are small businesses with fewer than 100 employees.
- Companies participating in the international marketplace, either directly or indirectly, realize numerous benefits:
- Expands customer base and increases rate of business growth.
- Fills production capacity through increased sales volume
- Levels seasonal and U.S. market fluctuations through multi-national sales
- Improves profitability, including export tax advantages and cost reductions by importing components
- Extends product/services life cycles
- Heightens overall competitiveness
For more information about IDP, call Fred Monique, program manager, at 920-496-2118 or e-mail monique@titletown.org.