Business
Small and Minority Businesses
Take the Lead in Exporting
WHY SHOULD YOU CONSIDER GOING GLOBAL?
by Candace Shiver
I
t is a common misconception that small
businesses are too small to export. It
simply isn’t true. In fact, small businesses
represent over 97% of the total exporters in
America. With such major advances in technology today, it has become easier to export
your products and services into foreign markets; and small businesses are recognizing
22 HimPower May 2015
more and more that they can operate anywhere around the world!
Even more, did you know that minority-owned businesses possess the best export
capabilities of any sector of the U.S. economy? Statistics from the U.S. Census Bureau
show that minority firms are twice as likely
to export, and three times more likely to gen-