This blog is for wannabes who are totally non-savvy when it comes to business. At the back of our head, we know that business requires a lot of work. But we want to try anyway. So I made the advice short and sweet and easy to understand. Most of the early info are picked from the magazine Entrepreneur and Inc., so I highly recommend that you pick up a copy of Entrepreneur or Inc. magazine, and start reading. And I'm not being paid to say that.
Saturday, April 19, 2014
Sell Your Product in Foreign Markets
There's an unexpected turn in the economy of Michigan -- one that is impressive. Based on current findings, Michigan-based companies are five times more likely to be in the exporting business than the total of 30 million companies across the U.S. This nice turn of events has been driven by the state's efforts in "enabling global connections." To reach this goal, the Michigan Economic Development Corporation (MEDC) opened offices in Brazil, Canada, China and Mexico in order to build connections outside the U.S. In addition, the Michigan State Export Trade Program was established for Michigan business in order to "offer assistance and grants for marketing, access to trade shows, and other export-related purposes" (p. 62, Inc. magazine, April 2014). MEDC's Business Program also serves to connect Michigan-based companies to other businesses in the state as well as outside of the state. There are two big corporations in Michigan, like Chrysler and Ford, that can do business with you if you are in the state. But the program also connects Michigan-based companies to businesses outside of the state, such as Boeing and military contractor ManTech. Read full article in Inc. magazine, p.62, April 2014.
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