Kevin Meyer of Evolving Excellence describes how a maker of hand-sewn wedding dresses in the hills of Tuscany has turned its small size, craftsmanship and eye for opportunity to advantage in the global marketplace. Via @AlbertoRBaez on Twitter.
BluDanuBlog
Microglobalization, Italian style
May 23rd, 2011Commerce Dept. online tool offers “Six Steps” to export success
November 22nd, 2010One practical result of President Obama’s National Export Initiative is that government export assistance resources, already extensive, are becoming easier to find and access online. An example is the online Begin Exporting tool launched last week by the SBA and Department of Commerce, which guides users through “six steps” to becoming a successful exporter:
- a self-assessment of export-readiness
- training and consulting services
- creating an export plan
- market research
- finding overseas buyers
- export finance.
By itself this is not the sort of thing that’s going to double U.S. exports in five years, but anything that brings a little more clarity to the confusion of the exporting process is a step in the right direction.
August Bootstrap B2B: Beyond Cost-Plus: Pricing Your Products on Markets Old & New
August 14th, 2010This month’s B2B Subgroup meeting will be led by Christopher Hastings.
Other than adding up their own costs and adding a % margin on top of that, most businesses have little knowledge of how to price their products. We are going to look at a few of the best tricks and tips for developing your pricing model for your business. Whether you are trying to build a SAS subscription model or running a retail store and fighting prices on commodities, we’ll identify some of the key considerations to know when pricing your products.
Our presenter Christopher Hastings has studied at both the Acton School of Business and the London School of Economics, building expertise in both entrepreneurship and international development. He is the founder of two startups, one focused on providing CPAs with the tools they need to counsel entrepreneurs (including on topics of pricing) and the other focused on location analysis for economic development. Despite having written textbook chapters on entrepreneurship and run budgets of 150MM+ supply chain projects, he is never happier than when working one on one with entrepreneurs to improve their businesses.
LinkedIn: http://www.linkedin.com/in/cjhastings
Twitter: @HastingsCJ
Date: August 23, 7:00 p.m.
Location:
Business Success Center
Chase Bank Tower
7600 Burnet Rd.
Austin, TX 78757
933-1983
More info: http://www.meetup.com/BootstrapB2B/calendar/14292134/
Merging blogs
August 5th, 2010When I started this blog a few years ago, the idea was that this would be the “official” company blog and I would use Eurobubba for more personal, but still business-related observations. (I also have a non-business personal blog; I haven’t been especially prolific on any of them.) Since then, my approach to the business has itself become more “personal”, and I’ve come to the conclusion that it no longer makes sense to maintain two separate business blogs. I’ve imported all the posts from the Eurobubba blog except for announcements for events that have already taken place into this blog and will do all my posting here from now on. I’ll be redirecting the eurobubba.com address to point here. I’d like to promise that I’ll post more often, but other tasks seem to have a way of crowding blogging down the priority list, and I don’t want to make any promises I can’t keep — but I do have a lot of (hopefully useful) content I’m working on. I’m also turning comments on; I hope I’ll get to spend more time in real conversation than dealing with spam. Thanks to everyone for reading!
Are you export-ready? Online assessment tools
April 3rd, 2010Are your company and products ready for global markets? Maybe you’re just thinking about dipping your toes in one or two “easy” export markets like Canada, Mexico, or the UK. Here are some online tools to help you assess your readiness and start thinking through your strategy.
The US Department of Agriculture’s Foreign Agricultural Services has a simple nine-point Export Questionnaire (not just for ag businesses) that addresses your international marketing plan, available resources, and your existing knowledge of export processes. The result rates your company on a scale of 1–100 and provides comments and next-steps for each question.
The California Centers for International Trade Development offer a more detailed Export Readiness Assessment that covers your present operations, attitudes, and products. Like the USDA’s tool, the assessment gives you a readiness score, point-by-point diagnosis and suggested actions.
Ready to take the next step? Have a look at the US Department of Commerce’s vast Helping U.S. Companies Export site, or give us a call — we’re here to help.
President announces National Export Initiative
January 27th, 2010In his State of the Union address to Congress today, President Obama set a national goal to “double our exports over the next five years, an increase that will support 2 million jobs in America” through a new National Export Initiative. Details are scarce so far, but the White House blog says “the NEI includes the creation of the President’s Export Promotion Cabinet and an enhancement of funding for key export promotion programs.” The focus on small business is encouraging, and we look forward to learning more about the substance of the initiative.
CEOs’ club takes a broader view of energy policy
October 29th, 2009The U.S. Chamber of Commerce has been getting all the (bad) press, but there’s at least one national business organization that’s taking a broader view of efforts to combat climate change. CEOs’ club The Business Roundtable released a report last week titled Unfinished Business: The Missing Elements of a Sustainable Energy and Climate Policy, urging Congress and the Obama administration to protect energy security and economic growth while reducing greenhouse gas emissions and modernizing the electric grid.
While the report doesn’t exactly toe the enviro line — it promotes expansion of nuclear power and R&D investments in “clean coal” technology — green-minded readers can only applaud its call for enhanced energy efficiency and modernization of the electric power grid to better accommodate renewable energy. Encouragingly, Roundtable President John Castellani explicitly acknowledged that a sustainable transition to a low-carbon economy must be a national priority.
K.I.S.S.
October 16th, 2009Keep it simple, smarty!
The new Come Clean Report from KRC Research and Weber Shandwick identifies insufficient and complicated information from vendors as the main reasons European companies are not following through on cleantech purchasing policies. Somebody’s leaving a lot of money on the table, folks. The Cleantech Group has more info here.
Shipping rates to rise
August 4th, 2009Purchasing.com reports that container shipping lines in the Westbound Transpacific Stabilization Agreement (WTSA) cartel are planning rate increases from $120 to $200 per 20-foot container on US-to-Asia routes effective September 1. The move is an attempt to claw back recent rate declines in response to falling demand due to the global recession.
BusinessWeek: Attracting International Clients to Your Website
June 8th, 2009BusinessWeek’s Karen Klein offers a few tips on working with international clients through your company’s website: be sensitive to cultural nuance; prepare, and prepare your customers, ahead of time to deal with shipping and customs issues; start by addressing other English-speaking markets, and when you’re ready to publish multilingual web content, back it up with multilingual sales and service staff. (Thanks to Laurel Delaney for the link!)
Many small businesses fall into exporting “accidentally” when orders from overseas customers start to trickle in through their website. Maximize your company’s potential by managing it as a global business from day one. Your business is already global, whether you know it yet or not!
Global Trends for Small Businesses
January 27th, 2009Sellin’ something
September 5th, 2007I’ve been wanting to write about the Cluetrain Manifesto for a while now but haven’t really managed to organize my thoughts yet. I’d like to share a couple of observations here and will probably return to it in later posts.