August 14, 2014
Small Businesses in US Struggling to Expand Globally
By Rahul Arora
Exact, a business software company, recently came up with a survey which showed that a high percentage of small businesses in the U.S. are failing to offer products and services internationally.
A massive 66 percent of small businesses are not providing their products and services to clients in international markets. The company said the numbers are somewhat ironical because many small businesses in the U.S. are aiming to expand their revenue and expand their client base. Still, many of the companies are willingly or unwillingly not tapping into international market.
“‘Made in the USA’ doesn’t have to mean just selling in the USA – for some that significantly limits opportunity for growth,” said Steve Leavitt, GM of U.S. Cloud Solutions for Exact, in a statement. “For many small businesses, the idea of conducting business internationally is simply too daunting. It doesn’t need to be that hard, however. The gateway to successful small business expansion across borders is closer than most think. Not every small business has an opportunity to achieve success internationally, but it’s likely that many viable candidates are leaving money on the table.”
Exact provides business solutions for small- to medium-sized (SMB) manufacturing and distribution companies. Since 1984, Exact has been serving SMBs with information technology to launch and grow their businesses. As a global solution provider with more than 1,800 employees worldwide, Exact helps 100,000 local and international companies run their business every day.
In related news, Exact recently announced general availability of Exact Macola 10, the next evolution in ERP software designed specifically to increase the speed and accuracy of doing business in today's complex manufacturing environment. This new product introduction marks a significant milestone for the company, having designed, developed and launched the solution in just 14 months since the entrance of new Exact Macola Managing Director, Alison Forsythe.
Edited by Adam Brandt