2024

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Discover U.S. Trade By Product

The Global Small Business Blog

iStock/AmyLaughinghouse Discover interactive dashboards and infographics providing data on U.S. goods trade at the national, state and metropolitan area levels. In addition, see product-specific import and export trends and insights on U.S. by partner countries.

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Outsourcing Can Transform Your Finances

Redial

Outsourcing can offer numerous financial benefits for businesses. Here are some key advantages: Cost Savings: Labor Costs: Outsourcing to countries with lower labor costs can significantly reduce expenses related to wages, benefits, and payroll taxes. Operational Costs: Lower costs for office space, utilities, and equipment in outsourced locations can further reduce expenses.

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Today in Global Small Business: The Backstory on Globalization

The Global Small Business Blog

©iStock/Suphanat Khumsap What's affecting me, my clients, my colleagues and other global small business owners: The world has undergone a transformation in the structure of the global economy – known as "globalization." This commentary examines the why and how behind it all. The global economy's 200-year growth spurt – and what comes next. Quote of the week: “Globalization for a startup is exciting; you have to learn so fast about the different cultures of the world." – Adam Neumann Marriott Int

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Offshoring vs Outsourcing: Benefits and Helpful Tips

Magellan Solutions

Did you know companies embrace offshoring and outsourcing to improve efficiency and cut costs? However, when it comes to the offshoring vs outsourcing debate, it’s crucial to understand the distinction between these two approaches and decide which best aligns with your business’s needs. Delegating tasks to external parties can significantly impact your business.

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5 Ways You Can Win Faster with Gen AI in Sales

Incorporating generative AI (gen AI) into your sales process can speed up your wins through improved efficiency, personalized customer interactions, and better informed decision- making. Gen AI is a game changer for busy salespeople and can reduce time-consuming tasks, such as customer research, note-taking, and writing emails, and provide insightful data analysis and recommendations.

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Amplify Your Competitive Edge with Onshoring, Offshoring, Nearshoring, Smartshoring, or Outsourcing

SEBPO

BLOG Amplify Your Competitive Edge with Onshoring, Offshoring, Nearshoring, Smartshoring, or Outsourcing July 17, 2024 Onshoring | Offshoring | Nearshoring | Smartshoring | Outsourcing Companies want every advantage possible to surpass their competition, prompting them to explore alternative business strategies that bolster year-over-year growth. Resource strategies such as onshoring, offshoring, nearshoring, smartshoring, and outsourcing can significantly impact budgets, production, service, de

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Call Center Outsource: Questions to ask a Nearshore service

Redial

As a business owner or a CEO is important to ask certain questions to get a clear picture of what you are hiring, in the case of a Nearshore service, here we have some key questions to ask your next outsource provider. What are the benefits of outsourcing our call center services? Outsourcing call center services offers businesses the opportunity to optimize costs, access specialized talent, enhance scalability, and focus on core competencies, ultimately leading to improved customer experiences

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How to Select the Best Dedicated Travel Software Development Team for Your Business

Groove Technology

Dedicated Travel Software Development Teams are specialized groups of professionals focused exclusively on creating software solutions for the travel industry. These teams, comprising developers, designers, project managers, and quality assurance specialists, possess deep knowledge of travel-specific technologies and industry requirements. This article provides a comprehensive guide to selecting a dedicated travel software development team, an increasingly popular solution for travel companies l

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AccuRadio: Broadway Tunes

The Global Small Business Blog

©iStock/RightFramePhotoVideo Check out Broadway show tunes from the 1950s to the present at AccuRadio. The selections feature your favorite Broadway songs by legendary performers and today’s stars. Chill. For the world to enjoy. Many of the songs are curated by Bob Marovich (e.g., 2020s Broadway).

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Grateful For Everything

The Global Small Business Blog

©iStock/teddyandmia "What if, today [Thanksgiving], we were grateful for everything?

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FINAL CALL: 9th Annual Global Small Business Forum 10/18/24 in Chicago!

The Global Small Business Blog

©2024 Laurel J. Delaney. All rights reserved. Ready. Set. Let's go global! There is still time to sign up for the biggest and best 9th Annual Global Small Business Forum , "Global Success Within Reach – The Bigger Picture," held in Chicago on Friday, October 18th from 8:00-11:30 AM CT. Hear from a cast of experienced speakers who know the ins and outs to global expansion.

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HR’s Blueprint for a Successful 2025

The HR industry is changing. Did you know… 1. There will be 4M more jobs than workers by 2033 ( BLS ). 2. For 84% of workers, flexibility is a top priority ( FlexJobs ). 3. 75% of employees have used AI at work ( CFO.com ). It’s time to meet the moment! Use Paycor’s guide to design a blueprint for success.

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The Store That Helped Build Chicago

The Global Small Business Blog

©2024 Laurel J. Delaney. All rights reserved. "Right or wrong, the customer is always right.

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Owning Our Story

The Global Small Business Blog

©2024 Laurel J. Delaney. All rights reserved. ©2024 Laurel Delaney. All rights reserved. “Owning our story and loving ourselves through that process is the bravest thing we’ll ever do.

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Removing Obstacles That Prevent Small Firms From Seizing Global Opportunities

The Global Small Business Blog

©iStock/AndreyPopov The Federation of Small Businesses (FSB) has revealed its SME Export task force – a transformative blueprint designed to remove the obstacles that prevent small firms from seizing global opportunities. Despite their agility, only 10 percent of small firms trade internationally. Imagine economic growth if we could double that figure.

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Energizing Zimbabwe's Export Growth: ZimTrade

The Global Small Business Blog

©iStock/NatanaelGinting Zimbabwe-based ZimTrade , a trade information portal, has developed an export program to empower female owned businesses with export knowledge and skills that will help at least 200 women entrepreneurs contribute to significant exports in the region. The program will help women business owners get export ready.

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We’re Here to Help! How to Navigate Your Top HR Priorities

Are you helping your people proactively plan for retirement? How are you prioritizing the mental health of your HR team? These are a few of the questions that HR professionals are seeking answers to today. Luckily, Gallagher’s consultants came together with four robust articles (and one infographic) that help address these pain points and provide you with proactive planning tips to help you simplify, personalize and create flexibility in your benefits offerings to help ensure your people thrive

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CPGs Need to Rewrite Their Growth Playbooks in 2024

The Global Small Business Blog

©iStock/krblokhin Bain & Company’s first annual Consumer Products Report , which hopes to assist the industry in formulating a new playbook for the months ahead. Bain surveyed more than 120 senior consumer products executives around the world on their experience in 2023 and their strategic priorities this year. In this report, we [Bain] first examine how 2023 has left the industry at a crossroads, then explore the connection between profitable growth and positive stakeholder impact.

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Rainbow of Awesome

The Global Small Business Blog

©2024 Laurel J. Delaney. All rights reserved. "You are like a rainbow of awesome!

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Merry Christmas From the Global Global Small Business Blog

The Global Small Business Blog

2024 Laurel J. Delaney. All rights reserved.

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Online Buying Grows But 67% of Consumers Face Delivery Problems

The Global Small Business Blog

©iStock/SARINYAPINNGAM In Descartes's third annual consumer sentiment study of ecommerce, it shows that home delivery online buying grows , but too many consumers still experience delivery woes. The study shows that 39% of respondents made more online purchases in the period surveyed this year compared to last year, and that 57% made purchases in at least one new product category this year.

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Challenges and Solutions in High-Volume, High-Stakes Hiring

Facing a hiring surge that feels like conducting a complex orchestra? Our guide is your roadmap to harmonious high-volume hiring. In it, you’ll learn: Strategies to maintain quality while hiring at scale The real math behind agency vs. in-house recruiting Secrets to a stellar candidate experience during hiring spikes Resource optimization techniques for stretched TA teams Don't let resource constraints or market pressures derail your hiring goals.

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It Just Blooms

The Global Small Business Blog

©2024 Laurel J. Delaney. All rights reserved. "A flower does not think of competing with the flower next to it. It just blooms.

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For the Product Creators and Global Traders the World

The Global Small Business Blog

©iStock/gorodenkoff Six (6) interesting resources that I [Laurel Delaney] write about for businesses operating in the global marketplace. Mainly for those who are sourcing and need help with product creation. From TradeWheel to KYG Trade, expand your resources in order to thrive with your global small business.

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Today in Global Small Business: Remember and Honor

The Global Small Business Blog

©iStock/spukkato What's affecting me, my clients, my colleagues and other global small business owners: Remember and honor: Wishing you a meaningful and thoughtful Memorial Day. Triple Shot Reinvention will focus on three priorities: elevating the Starbucks brand ; strengthening the company’s digital capabilities; and becoming truly global; customized with “two pumps” unlocking efficiency and reinvigorating partner culture.

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I Like Bold Colors

The Global Small Business Blog

©2024 Laurel J. Delaney. All rights reserved. "I like bold colors but usually wear black.

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Best Practices to Streamline Compensation Management: A Foundation for Growth

Speaker: Joe Sharpe and James Carlson

Payroll optimization can be one of the most time-consuming and complex factors of small business management. Yet, organizations that crack the code on streamlining employee compensation often discover innovative avenues for growth. With the right strategies in place, outsourcing and streamlining payroll processes can result in substantial time and resource savings.

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Banking On Women Who Go Global

The Global Small Business Blog

©iStock/Antonio_Diaz International Finance Corporation's (IFC's) white paper, “ Banking on Women Who Trade Across Borders ," underscores the critical need for gender equality in international trade and trade finance. Women Entrepreneurs Grow Global® also understands and actively supports empowering women in international trade. For those who don't know, wegg® educates women business owners to level the playing field for women interested in taking their business to the next level through globaliz

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What Is the World's Most Multilingual Website?

The Global Small Business Blog

©iStock/Wirestock John Yunker – web globalization geek at Byte Level Research and also a prolific author of books, plays and short stories – always does his thorough research and has the answer to the question: What is the world's most multilingual website? He says, "One might assume that tech leaders like Facebook and Google lead the internet in languages.

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Google Considers Going Global with YouTube TV

The Global Small Business Blog

©iStock/Nanci Santos Riding a wave of success brought by NFL Sunday Ticket, Google executives have considered opening YouTube TV to a market outside the U.S. “It is something we are closely looking at,” said Chief Business Officer Philipp Schindler. “There’s nothing specific I have to add at this moment in time on this one.” “YouTube TV is doing well,” added Google’s CEO Sundar Pichai.

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Only Love Can Truly Save the World

The Global Small Business Blog

©2024 Laurel J. Delaney. All rights reserved. “Now I know, that only love can truly save the world. So I stay, I fight, and I give, for the world I know can be.

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Global Hiring Guide for Startups

Grow your startup beyond borders and boundaries. Global expansion is the ultimate goal for many startup founders. However, to successfully enter new markets and grow internationally, you need a sound and scalable global recruitment strategy. In this eBook, you’ll discover how you can gain a competitive edge over your business rivals through the latest technology, harnessing global contractors, and using a global employment platform.

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How to Break Into Global Business

The Global Small Business Blog

©iStock/Francesco Scatena There are three initial phases to launch into international business. The article below breaks out the steps of each phase, including a rough timeline of how long you can expect each phase to take. From research and planning, to making initial trips to your target countries, expect to spend six months to several years preparing for this exciting new facet of your company.

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Let Things Go

The Global Small Business Blog

©Laurel J. Delaney. All rights reserved. "Autumn shows us how beautiful it is to let things go.

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Korea Promotes SMEs' Global Expansion

The Global Small Business Blog

©iStock/CHALLA The chiefs of Korea’s largest business groups gathered with President Yoon Suk Yeol to garner support for small- and medium-sized enterprises (SMEs) in their overseas expansion efforts in an annual meeting on Thursday. President Yoon presided over this year’s conference of SMEs held on the front lawn of the presidential office in central Seoul, joined by Samsung Electronics Chairman Lee Jae-yong, LG Group Chairman Koo Kwang-mo and Hanwha Group Vice Chairman Kim Dong-kwan.

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Get Your STEP Grants Businesses!

The Global Small Business Blog

©iStock/May_Chanikran Small businesses looking to start or expand their global customer reach can use resources offered by state entities that have received STEP funding. Check out yours here. The State Trade Expansion Program (STEP) grants are specifically for established U.S. small businesses seeking to complete one of the following eligible activities: Participate in trade missions Subscribe to services provided by US Department of Commerce Translation fees Design of market media Tradeshow ex

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The 2023 Supply Chain Crystal Ball: Challenges and Solutions

Speaker: Olivia Montgomery, Associate Principal Supply Chain Analyst

Curious to know how your peers are navigating ongoing disruption? The supply chain management techniques that dominated the last 30 years are no longer supporting consumer behavior or logistics and manufacturing capabilities. So what’s working now? What should your plans for 2023 include? By researching the supply chain challenges and solutions that businesses – especially small and midsize businesses – are currently experiencing, we’ve learned what’s working and what’s not.