For one week a year since 1963, the United States has honored its small business owners and celebrated their entrepreneurial spirit. This is an opportune time to take a look at how the government helps small businesses put their mark on the map—specifically, the world map. How does the U.S. government assist SME’s who are beginning to export and who would like to expand their existing international operations? There are actually an array of programs in place, some longstanding, others implemented or enhanced as a part of the ongoing National Export Initiative, and navigating them can be confusing. This post serves as a starting-point for export-oriented entrepreneurs, both old-hands and new.
Where to Start: Given that 96 percent of the world’s consumers live outside the United States and two-thirds of global purchasing power resides outside our national borders, it is important for small businesses to tap into international markets. Yet this task can be incredibly intimidating for small businesses working to maintain their corner in American markets. Here are a handful of government programs that can make beginning to export less of a headache:
How to Keep It Going: If you are already an exporter, you know that meeting regulatory requirements and maintaining your competitive edge in international markets is an ongoing process. You may need to use some of the tools mentioned above, but here are a few government resources that may not be on your radar:
This plethora of programs serve as a useful starting-point for SMEs, but if you need further assistance on the nitty-gritty reality of international trade, please contact us at TradeMoves LLC via phone at 202.415.4016 or email at MWheeler@TradeMoves.net or SJarosz@TradeMoves.net.
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