Apart from an increase in production and sales, using technology such as optimizing your sites using SEO, linkbuilding and different social media would be able to enhance competitiveness in the local market. Another advantage of going global is that more investors would be interested in backing up your company in light of course with your performance locally.
Before going ahead with your plan of expanding your market reach, you have to learn from the small businesses who thrives globally. There are always new methods and new ideas. The challenge is for you to be able to tap into those methods, ideas and techniques for you to be able to take on the rest of the world.