UPS, in collaboration with World Trade 100 Magazine, opened nominations for its Growth through Global Trade Award, a national award aimed to recognize a U.S. small- or medium-sized business that is effectively exporting to global markets. Exporting to new geographic markets offers American businesses the opportunity to create new revenue streams, secure more customers and, ultimately, better compete in today’s ever-changing global marketplace.
The award is designed for U.S. small- and medium-sized businesses with fewer than 500 employees that are already exporting to international markets. Anyone can nominate a deserving business for the “Growth through Global Trade Award.”
Nominees must have a principal place of business in the United States and must currently export to at least one international market. Interested parties can submit a concise online nomination form featuring a series of six questions and a 200-word essay. Nominations can be submitted online here: http://international.ups.com/globaltradeaward/nominate/index.html.
Nominations will be accepted beginning on August 24, 2010 through November 12, 2010. The winner will be announced in January 2011.
The entries will be judged by a multi-member panel of small business and global trade experts from within and outside UPS. The judges will evaluate all entries against a pre-determined set of criteria, including how exporting has helped the company better compete in today’s global business environment, grow international sales and business operations, and connect with new customers.
Enter today!
Karen Kerrigan, President & CEO, SBE Council
Showing posts with label going global. Show all posts
Showing posts with label going global. Show all posts
Friday, August 27, 2010
Thursday, January 22, 2009
UPS Small Business Survey: Entrepreneurs Are Optimistic About Their Companies, Those Who Trade Even More So
A UPS Business Monitor United States survey released this week, finds that small business owners continue to be optimistic about their company’s financial future despite the lousy condition of the economy. According to the poll, 86 percent of small business owners expect their firms “to be in the same or better financial shape in one year.” That’s a slight decline from the overall sentiment (91 percent) in a fall 2008 UPS survey.
Are these entrepreneurs being overly optimistic in regard to their outlook for the economy? Do they think conditions will turn around more quickly than what is generally expected? That doesn’t seem to be the case -- 67 percent of small business owners believe that the economy will begin to improve in 2010 or later.
Small business owners who engage in international trade were even more optimistic about the financial condition of their firms in one year -- 62 percent said their businesses would be in better condition in a year’s time (versus 39 percent of non traders).
According to the UPS survey, 73 percent of small business respondents are not exporting, nor do they plan to engage in trade: “Unfamiliarity with global markets, language barriers and apprehension about preparing customs and other documents were among the main reasons why small business owners say they are not trading across borders.”
That’s regrettable because there are abundant resources available for entrepreneurs who wish to explore going global. The U.S. Department of Commerce, for example, has top-notch educational material, an enthusiastic staff, regular webinars and other resources to help small firms research international markets and walk them through key details. In fact, the International Trade Administration just updated its Basic Guide to Exporting. If you visit http://export.gov you will find a wealth of information about doing business overseas.
And, it looks like U.S. policy may continue to move forward in a direction that opens up additional markets for entrepreneurs. Despite some of the protectionist rhetoric heard out on the presidential campaign trail, the Journal of Commerce reported a strong likelihood that President Barack Obama would advance trade pacts currently in the works (Colombia, Panama, and South Korea). There may be small adjustments to the deals, but it appears that trade is not a dead issue with the new Administration.
Alan Gershenhorn, UPS senior vice president of worldwide sales and marketing, said that trade is a sound strategy for business growth and survival. He observed: “By expanding opportunities in new markets, cross-border trade can help small businesses diversify, buffering them against risk, and helping them stay strong in tough times.”
Right now may be the perfect time to explore going global.
Karen Kerrigan
President & CEO
Are these entrepreneurs being overly optimistic in regard to their outlook for the economy? Do they think conditions will turn around more quickly than what is generally expected? That doesn’t seem to be the case -- 67 percent of small business owners believe that the economy will begin to improve in 2010 or later.
Small business owners who engage in international trade were even more optimistic about the financial condition of their firms in one year -- 62 percent said their businesses would be in better condition in a year’s time (versus 39 percent of non traders).
According to the UPS survey, 73 percent of small business respondents are not exporting, nor do they plan to engage in trade: “Unfamiliarity with global markets, language barriers and apprehension about preparing customs and other documents were among the main reasons why small business owners say they are not trading across borders.”
That’s regrettable because there are abundant resources available for entrepreneurs who wish to explore going global. The U.S. Department of Commerce, for example, has top-notch educational material, an enthusiastic staff, regular webinars and other resources to help small firms research international markets and walk them through key details. In fact, the International Trade Administration just updated its Basic Guide to Exporting. If you visit http://export.gov you will find a wealth of information about doing business overseas.
And, it looks like U.S. policy may continue to move forward in a direction that opens up additional markets for entrepreneurs. Despite some of the protectionist rhetoric heard out on the presidential campaign trail, the Journal of Commerce reported a strong likelihood that President Barack Obama would advance trade pacts currently in the works (Colombia, Panama, and South Korea). There may be small adjustments to the deals, but it appears that trade is not a dead issue with the new Administration.
Alan Gershenhorn, UPS senior vice president of worldwide sales and marketing, said that trade is a sound strategy for business growth and survival. He observed: “By expanding opportunities in new markets, cross-border trade can help small businesses diversify, buffering them against risk, and helping them stay strong in tough times.”
Right now may be the perfect time to explore going global.
Karen Kerrigan
President & CEO
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