SMEs that decide to internationalize and export have a lot to gain from globalization. However, according to the Inter-American Investment Corporation (ICC), there are some issues that each businessman should evaluate before deciding to enter the international market.
An export plan is a tool that allows companies to align resources for purposes of selling in external markets. The Inter-American Investment Corporation explains why SMEs should have one in place.
Managing and organizing a company’s finances is essential to long-term business survival. It involves more than properly keeping numbers: it implies good analytical capacity and skills to make the right strategic decisions.
Generating a good work environment, providing development opportunities, having a motivated team and offering flexibility are conditions highly valued by the new generations.
Innovation has become a constant challenge for employees, businessmen and companies alike regardless of size, age, expertise or location. Forming a creative environment, even with professionals in different fields, is a factor that helps.
ConnectAmericas.com interviewed several producers of food products that stand out for their certified quality, natural origin and the dynamism they generate in their regions.
The first step in any SME “export plan” should be to evaluate the export potential of the company. In this regard, businessmen must analyze the company’s innovation and technological standing and the characteristics of the products. They must also consider the company’s trading and financial capacity as well as the available human resources.
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