tag:blogger.com,1999:blog-46225699648287018642024-03-04T23:30:44.741-05:00GlobalpreneurUnderstanding Your Digital World . . .Unknownnoreply@blogger.comBlogger206125tag:blogger.com,1999:blog-4622569964828701864.post-77378532306309714202011-07-29T06:00:00.000-04:002011-07-29T07:55:41.934-04:00Should You Offshore Your Business?<div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi6_AgLEEgc1s28ywCkUVFK2O00QgTLI6VVGWS60HNu_bXDCCV06qchoXyiXjSHbpuA7YmVbrgKYcGFCRmbRoV4QddcndMiAO22hJ5IHW9s8zi6yU3y9MzEXDi4_pOomnoEi0WZA5DnLiw/s1600/international_small_business.jpg" imageanchor="1" style="clear: left; cssfloat: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" height="200" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi6_AgLEEgc1s28ywCkUVFK2O00QgTLI6VVGWS60HNu_bXDCCV06qchoXyiXjSHbpuA7YmVbrgKYcGFCRmbRoV4QddcndMiAO22hJ5IHW9s8zi6yU3y9MzEXDi4_pOomnoEi0WZA5DnLiw/s200/international_small_business.jpg" t$="true" width="133"></a></div><div class="MsoNormal" style="margin: 0in 0in 10pt;"><span style="font-family: Calibri;">Running a business by its bootstraps or without using outside funding is not a task that young, ambitious entrepreneurs whom I know dream of taking up. However, simply going to the bank and getting that break you know you deserve isn’t the scenario that most of us encounter. Gathering the requirements alone may cause terrible headaches plus the fact that you would wait for the decision of the bank may give you enough ulcers to last for a lifetime.</span></div><a href="http://luzglobalpreneur.blogspot.com/2011/07/should-you-offshore-your-business.html#more">Read more »</a>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-4622569964828701864.post-27224247981926927312011-07-01T12:00:00.001-04:002011-07-01T15:07:54.746-04:00Cyber Crime and its Effects on Globalization<div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhO3XiwNbOs985rM0uWI0AooKOFxXnYfY35dlFjExv33PZyzpdcZdKORJI4FryolfdCwFjtsQ_7p3D9k753svZuYFACi4bex4QHNp5Ajl1nUWC34KZfS6b_WRUFUcXZAuRJET6PG8RYErU/s1600/cyber-crime.jpg" imageanchor="1" style="clear: left; cssfloat: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" height="150" i$="true" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhO3XiwNbOs985rM0uWI0AooKOFxXnYfY35dlFjExv33PZyzpdcZdKORJI4FryolfdCwFjtsQ_7p3D9k753svZuYFACi4bex4QHNp5Ajl1nUWC34KZfS6b_WRUFUcXZAuRJET6PG8RYErU/s200/cyber-crime.jpg" width="200"></a></div><div class="MsoNormal" style="margin: 0in 0in 10pt; text-align: justify;"><span style="font-family: Calibri;">Small businesses have as much chance nowadays to enter the international market. With the use of outsourcing, various marketing strategies and the internet, globalization can be a reality rather than a far-fetched dream for entrepreneurs. But with the prevalence of cyber crimes, it can be a risky move especially for small business owners since they have more to lose compared to their larger counterparts. </span></div><a href="http://luzglobalpreneur.blogspot.com/2011/07/cyber-crime-and-its-effects-on.html#more">Read more »</a>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-4622569964828701864.post-6359271315934349282011-05-26T06:00:00.000-04:002011-05-26T10:33:42.597-04:00Global Business Etiquette: What You Shouldn’t Be Without<div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEib455eaXcVUDHnLYc0xovel7UQF2l5QlazS8bDT_l99elCWWOL6xy-XeMdTS8d5ILLPtCXlXlpBEUm9tBM6NXFg9pQKO8kMbgZWkv17iuL5-lvQUf1fvbVrxbVQBTARvoUy4x1rpqJyw/s1600/business+etiquette.jpg" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" height="187" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEib455eaXcVUDHnLYc0xovel7UQF2l5QlazS8bDT_l99elCWWOL6xy-XeMdTS8d5ILLPtCXlXlpBEUm9tBM6NXFg9pQKO8kMbgZWkv17iuL5-lvQUf1fvbVrxbVQBTARvoUy4x1rpqJyw/s200/business+etiquette.jpg" width="200"></a></div>One of the tricky parts in operating a business in another country is that the culture is different. Your home country may have some standards which are different than in the country you are interested in exporting your business to. If you're not careful in researching about a certain country's customs and traditions, you might be shunning local investors and customers instead of reeling them in. Good form..Proper manners...General decorum, whatever you want to call it isn't as important as actually practicing and taking it to heart.<br>
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<a href="http://luzglobalpreneur.blogspot.com/2011/05/global-business-etiquette-what-you.html#more">Read more »</a>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-4622569964828701864.post-77035071127670135152011-05-04T14:32:00.000-04:002011-05-04T14:32:30.265-04:004 Reasons to Buy Firms in Foreign Countries<div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiFHou6LDKqyVRDrSTNhjtcxqC1JMfpdK_NsWl68OUslpOz5x4y4p7zZ0vxMpoT3V4TDvyX0K98-rf4pDqdlmtE-79NXRPZjZIA3lNhPz4rCb5_Km5tW8a-wQjdULGiXzIIVlmQT6eHRA/s1600/business+for+sale.jpg" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" height="131" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiFHou6LDKqyVRDrSTNhjtcxqC1JMfpdK_NsWl68OUslpOz5x4y4p7zZ0vxMpoT3V4TDvyX0K98-rf4pDqdlmtE-79NXRPZjZIA3lNhPz4rCb5_Km5tW8a-wQjdULGiXzIIVlmQT6eHRA/s200/business+for+sale.jpg" width="200"></a></div>Thinking of expanding your business to another country? Good idea. For one thing, the cost of labor in developing countries is cheaper. Your export department may have exceeded your expectations but you might find that running your business from your home country can be expensive. Plus the fact that you're living in a different time zone can be a constraint to your competitiveness in a foreign market. <br>
<a href="http://luzglobalpreneur.blogspot.com/2011/05/4-reasons-to-buy-firms-in-foreign.html#more">Read more »</a>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-4622569964828701864.post-62648921419470826072011-04-27T07:00:00.045-04:002011-04-27T09:23:00.616-04:00Tips on Hiring the Best Local Employees for your Global Business<div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjMtehAjqzsjF_yGDzV__-ksnJYuIBsQK32lTpcxcKH3ORKf91IpovdSGPgIFtdpNaLhUE6FkT_3yr3AYYzKrbU0TzM74GNgcAx_rfbPTs0IfnyG5lcoAcwAuSiDs33RjXOdxbIZPvWeA/s1600/help+wanted.jpg" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" height="153" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjMtehAjqzsjF_yGDzV__-ksnJYuIBsQK32lTpcxcKH3ORKf91IpovdSGPgIFtdpNaLhUE6FkT_3yr3AYYzKrbU0TzM74GNgcAx_rfbPTs0IfnyG5lcoAcwAuSiDs33RjXOdxbIZPvWeA/s200/help+wanted.jpg" width="200"></a></div>One of the difficult issues that small businesses face when trying to export their business to another country is getting the best people for the job. Most of the executives you have are based in the home country of your business. They are people you have a level of trust with and you have screened them meticulously. Going global means that you also have to hire local people from the country you will be exporting your business to. The question is, since you will mostly be in your home country, how will you find key personnel who will take care of your business?<br>
<a href="http://luzglobalpreneur.blogspot.com/2011/04/tips-on-hiring-best-local-employees-for.html#more">Read more »</a>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-4622569964828701864.post-78044316891224912322011-04-13T18:00:00.071-04:002011-04-27T07:27:31.463-04:00Exporting in the Year of the Entrepreneur<div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhQq9QIHOy8Y7K9NdTgsFr6GOHfG0rpGZRW36XvPvrUi86Fe1EcwhI6o6iwSa8-TYU1iRgpcGt5-B6duAobp63NK5D2Etnwx7jBmzESrGObGuqEWHamBEPNOJes1L7zl16NeAHvgSzAlg/s1600/export.jpg" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" height="140" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhQq9QIHOy8Y7K9NdTgsFr6GOHfG0rpGZRW36XvPvrUi86Fe1EcwhI6o6iwSa8-TYU1iRgpcGt5-B6duAobp63NK5D2Etnwx7jBmzESrGObGuqEWHamBEPNOJes1L7zl16NeAHvgSzAlg/s200/export.jpg" width="200"></a></div>Rob Moore, Minister of State for Small Business and Tourism in Canada calls 2011 as the "<a href="http://www.theglobeandmail.com/report-on-business/your-business/start/business-planning/feds-call-2011-the-year-of-the-entrepreneur/article1882639/">Year of the Entrepreneur</a>". Small businesses nowadays are given the attention it deserves from all over the world. It is no wonder then that this year may indeed be the year which helps jumpstart governments to help out the industry which is responsible for bringing about jobs when nobody else is hiring.<br>
<a href="http://luzglobalpreneur.blogspot.com/2011/04/exporting-in-year-of-entrepreneur.html#more">Read more »</a>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-4622569964828701864.post-1031114189572960012011-04-08T13:39:00.001-04:002011-04-08T15:11:13.770-04:00Top 5 Secrets of A Successful Global Business<div class="separator" style="clear: both; text-align: center;"><a href="http://www.connectionforce.com/sites/default/files/shhh%20-%20finger%20on%20lips.jpg" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" height="132" src="http://www.connectionforce.com/sites/default/files/shhh%20-%20finger%20on%20lips.jpg" width="200"></a></div><div style="text-align: left;"> Operating a business is no joke. Each day is a learning process, every experience is a chance to be better. To truly operate a successful global business, a person needs to be more than an entrepreneur.<br>
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A global business owner needs to be and have more than just skills, computer and technical knowledge, a computer and an internet connection. <br>
</div><a href="http://luzglobalpreneur.blogspot.com/2011/04/top-5-secrets-of-successful-global.html#more">Read more »</a>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-4622569964828701864.post-10093711047440560002011-04-01T15:14:00.002-04:002011-04-05T15:39:53.975-04:00Weekly Global Business News Round-Up<div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg1UZvnEAs2cAp55EBv-_xeIWyv32vGOD7IkH_gde36j3ixb2qAVG9bYF9eR1G4OzguwiNd2uHq14X31XdaDPdi952BKjI4SkjwQImmu3ZSpYXxevSbUwY1COkbOyMoV67Y4pxrRxhx6A/s1600/worldly.jpg" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" height="148" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg1UZvnEAs2cAp55EBv-_xeIWyv32vGOD7IkH_gde36j3ixb2qAVG9bYF9eR1G4OzguwiNd2uHq14X31XdaDPdi952BKjI4SkjwQImmu3ZSpYXxevSbUwY1COkbOyMoV67Y4pxrRxhx6A/s200/worldly.jpg" width="200"></a></div>Can't keep track of the latest buzz in global business today? Here's a compilation of movers and shakers in the industry for the week:<br><br><b>March 28, 2011</b><br>Cartridge World announced its strategy to save money for small businesses around the world by <a href="http://www.businesswire.com/news/home/20110329005460/en/Cartridge-World-Commits-Reducing-Printing-Costs-Small">reducing printing costs</a>. Global Business Solutions received the <a href="http://www.prnewswire.com/news-releases/global-business-solutions-is-awarded-ex-im-broker-of-the-year-118801199.html">2011 Broker of the Year Award</a> from Ex-Im bank and US Trade Representative, Ron Kirk, says the Obama administration hopes to "demystify" the <a href="http://www.globalatlanta.com/article/24668/">export process</a> to fuel job recovery.<br><br><a href="http://luzglobalpreneur.blogspot.com/2011/04/weekly-global-business-news-round-up.html#more">Read more »</a>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-4622569964828701864.post-3350072105920242292011-03-30T09:51:00.003-04:002011-04-05T15:38:31.729-04:00Revamping Your Marketing Efforts for a Global Business<div class="separator" style="clear: both; text-align: center;"><a 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LlGbxWdR7Uz1cmOEeQcA2YHRfAb2J+QsBGrA6L4DexPyjN4rOo9qXKM3MzqPamevkxwXImBeZKP4DexLkTAvMlH8BvYlyjNzM6j2pcozczOo9qZ6+THBciYH5ko/gN7EuRcD8yUfwG9iXKM3MzqPalyjN4rOo9qZ6+THBHBMDP+5KP4DexNyHgXmSj+A3sT8ozczOo9qXKM3is6j2pnr5McFyJgXmSj+A3sS5EwPzJR/Ab2JcozczOo9qXKM3MzqPamevkxwXImB+ZKP4DexNyHgXmSj+A3sT8ozczOo9qXKM3is6j2pnr5McG5DwLzJR/Ab2JchYCdeB0R/wCg3sT8ozeKzqPalyjN4rOo9qZ6uTHCPIOAeYqH+nb2K6jwzCKKcT0eE00EoBAfFE1rgDrzAVfKM3is6j2pcozeKzqPamarkxw9MTNGYjN0Kr1+UZjlZnUV52i3mXC5VNTrbjR//9k=" border="0" height="140" width="185"></a></div>Marketing a business is not just a one-time deal, more so when you have entered into the international scene. There are some small business owners I know personally who just leave it to chance, or just leave it the way it is. It maybe because they're thinking, "Well, it works. Why fix what isn't broken?" I'm not saying anything is broken or their marketing efforts does not work. But if you're planning to have a wider customer base, your marketing efforts needs a bit of tuning.<br><br>Planning how to market your business is easy. The hard part is its execution. Below are some tips I have gathered for a more apt marketing strategy which would serve both local and global businesses.<br><br><a href="http://luzglobalpreneur.blogspot.com/2011/03/revamping-your-marketing-efforts-for.html#more">Read more »</a>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-4622569964828701864.post-52883150580806418272010-09-15T06:00:00.065-04:002011-04-05T15:37:20.512-04:00Is Your Business Globally Competitive?<div class="separator" style="clear: both; text-align: center;"><a href="http://indonesianconsulate.ae/wp-content/uploads/2010/09/global-decision.png" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img src="http://indonesianconsulate.ae/wp-content/uploads/2010/09/global-decision.png" border="0" height="196" width="200"></a></div>The international market holds a wide-open door of opportunities for small businesses. Even home-based businesses have as much chance now to enter the global arena. The reality is, expanding into the international scene is a step most entrepreneurs are hesitant to take. Not because they do not believe in their products or services but because of lack of confidence in taking the next step.<br><br>The question is, <a href="http://www.powerhomebiz.com/vol18/global.htm"><span class="Apple-style-span" style="color: rgb(159, 197, 232);"><b>how would entrepreneurs know when they are ready to go global</b></span></a>? What signs are there to watch for to be sure that they are not entering into this lightly or haphazardly? <a href="http://luzglobalpreneur.blogspot.com/2010/09/is-your-business-globally-competitive.html#more">Read more »</a>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-4622569964828701864.post-68958601321769581372010-09-10T06:30:00.089-04:002011-04-05T15:36:31.235-04:00Getting Over Culture Shock in Business<div class="separator" style="clear: both; text-align: center;"><a href="http://t2.gstatic.com/images?q=tbn:ANd9GcR1sR-Of6NCbxFoymCwlBougk77mQySzzMlzzHJW5j8vdY2NHw&t=1&usg=__XcSmr8sQyl9Cs05jxUztvax9SZo=" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img src="http://t2.gstatic.com/images?q=tbn:ANd9GcR1sR-Of6NCbxFoymCwlBougk77mQySzzMlzzHJW5j8vdY2NHw&t=1&usg=__XcSmr8sQyl9Cs05jxUztvax9SZo=" border="0" height="200" width="200"></a></div><div style="text-align: justify;">Globalization is really hitting it big. Some may argue that it's going to take a toll on the job and economic rate of the country but many businesses who are looking to grow their business see <a href="http://smallbiztrends.com/2008/08/small-business-global-expansion.html">globalization as the next step</a>.<br></div><div style="text-align: justify;"><br></div><div style="text-align: justify;">If you are thinking about expanding your business to other countries in an effort to globalize your products and services, you have to be prepared in all aspects. First of all, it can be physically and mentally draining because you need to come up with ways to ensure that your business would thrive and succeed. Second of all, you have to check on the culture of the country you are exporting to.</div><a href="http://luzglobalpreneur.blogspot.com/2010/09/getting-over-culture-shock-in-business.html#more">Read more »</a>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-4622569964828701864.post-63216112453382384772010-09-08T02:05:00.011-04:002011-04-05T15:45:04.430-04:00The Positive Effects of Globalization to Small Business<a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgj7Kw0sQCUwbzIDul-7KeH44-h_EHSfvGP8WwKZ-OI2yz804hMDWq-mmkpE9vDJI9jXDx7PehgRftjzWITjKa3jKd93zsKkwYVMXs8AzO-p8cngMaidqFFm8fXQ5eARSsCHXRD4MTDyimv/s1600/global+computer+media.jpg"><img style="margin: 0pt 10px 10px 0pt; float: left; cursor: pointer; width: 200px; height: 148px;" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgj7Kw0sQCUwbzIDul-7KeH44-h_EHSfvGP8WwKZ-OI2yz804hMDWq-mmkpE9vDJI9jXDx7PehgRftjzWITjKa3jKd93zsKkwYVMXs8AzO-p8cngMaidqFFm8fXQ5eARSsCHXRD4MTDyimv/s320/global+computer+media.jpg" alt="" id="BLOGGER_PHOTO_ID_5592187153205947122" border="0"></a><div style="text-align: justify;">In my previous blog post, I have tackled the subject on whether globalization is to blame for unemployment. This is precisely because outsourcing is the new trend and most employees feel that their job security is being threatened. Since I have addressed that issue previously, I will now be discussing more on the topic of the <span style="font-style: italic;">positive effects of globalization</span> to local businesses. Globalization is responsible for creating millions of jobs all over the world and it also is the reason why imported products are available anywhere for consumers.<br><br>According to the <a href="http://www.enotes.com/small-business-encyclopedia/globalization">encyclopedia of small business</a>, globalization had undergone reassessments on whether the positive far outweighs the negative effects of globalization. </div><a href="http://luzglobalpreneur.blogspot.com/2010/09/positive-effects-of-globalization-to.html#more">Read more »</a>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-4622569964828701864.post-13275479326009574842010-09-03T06:20:00.010-04:002011-04-05T15:58:23.222-04:00Is Globalization To Blame For Unemployment?<a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhboM28FSV7gvQqS3T9rjGdXeE2jYDJZFgA2GKnG-BZdNh2ymdUqw1oySK_6vba1ujhAuwpD0SqLUukQ9eOecLa_xF_xDPQ5banQWLE4KloL2yszQIh4sPAieyDZ0MPASaDBBiaq_yCZ8xn/s1600/no+money.jpg"><img style="float:left; margin:0 10px 10px 0;cursor:pointer; cursor:hand;width: 200px; height: 148px;" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhboM28FSV7gvQqS3T9rjGdXeE2jYDJZFgA2GKnG-BZdNh2ymdUqw1oySK_6vba1ujhAuwpD0SqLUukQ9eOecLa_xF_xDPQ5banQWLE4KloL2yszQIh4sPAieyDZ0MPASaDBBiaq_yCZ8xn/s320/no+money.jpg" border="0" alt="" id="BLOGGER_PHOTO_ID_5592190703884442130"></a><br><br>It is a well-known fact that globalization increases productivity and life standards. There are a lot of advantages which causes business owners to work on the goal of expanding the business overseas. While this is proving to be beneficial to countries where products and services are being exported to, the concern grows for locals. This concern is largely focused on that fact that the unemployment rate continues to rise thereby giving the impression that globalization is one of the causes.<br><a href="http://luzglobalpreneur.blogspot.com/2010/09/is-globalization-to-blame-for.html#more">Read more »</a>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-4622569964828701864.post-53500014755086614852010-09-01T04:00:00.005-04:002011-03-31T12:12:47.272-04:00Will Continuous Oil Price Hikes End Globalization?<div class="MsoNormal"><span class="apple-style-span"><span class="Apple-style-span" style="font-family: georgia;"><span class="Apple-style-span" style="font-size: medium;"><span class="Apple-style-span" style="color: white;">I just read about the new</span></span></span></span><span class="apple-converted-space"><span style="color: black;"><span class="Apple-style-span" style="font-family: georgia;"><span class="Apple-style-span" style="font-size: medium;"> </span></span></span></span><span class="apple-style-span"><span style="color: black;"><a href="http://politics.usnews.com/opinion/articles/2009/05/29/high-oil-prices-will-fracture-the-world-and-end-globalization.html"><span class="Apple-style-span" style="font-family: georgia;"><span class="Apple-style-span" style="font-size: medium;">Jeff Rubin's book</span></span></a><span class="Apple-style-span" style="font-family: georgia;"><span class="Apple-style-span" style="font-size: medium;"><span class="Apple-style-span" style="color: white;">,</span></span></span></span></span><span class="apple-converted-space"><span class="Apple-style-span" style="font-family: georgia;"><span class="Apple-style-span" style="font-size: medium;"><span class="Apple-style-span" style="color: white;"> </span></span></span></span><span class="apple-style-span"><i><span class="Apple-style-span" style="font-family: georgia;"><span class="Apple-style-span" style="font-size: medium;"><span class="Apple-style-span" style="color: white;">Why Your World is About to get a whole lot Smaller: Oil and the End of Globalization.</span></span></span></i></span><span class="apple-converted-space"><i><span class="Apple-style-span" style="font-family: georgia;"><span class="Apple-style-span" style="font-size: medium;"><span class="Apple-style-span" style="color: white;"> </span></span></span></i></span><span class="apple-style-span"><span class="Apple-style-span" style="font-family: georgia;"><span class="Apple-style-span" style="font-size: medium;"><span class="Apple-style-span" style="color: white;">The article is disturbing since it points out what increasing oil prices can do to the world's economy and how it can cause globalization to end. </span></span></span></span><br>
</div><a href="http://luzglobalpreneur.blogspot.com/2010/09/will-continuous-oil-price-hikes-end.html#more">Read more »</a>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-4622569964828701864.post-49074158449607322492010-08-25T04:57:00.007-04:002011-03-31T12:13:19.371-04:00Factors Affecting Business Globalization<div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0in;"><span style="color: black; font-family: 'Times New Roman', serif;"><span class="Apple-style-span" style="font-size: medium;"><span class="Apple-style-span" style="color: white;">Even during ancient times, globalization was already on the rise and it still is in existence, albeit conservatively because of the economy, today. What every entrepreneur must understand is the fundamental factors which drive globalization. According to the</span> </span><a href="http://www.imf.org/external/np/speeches/2000/082500.htm#interact"><span style="color: blue;"><span class="Apple-style-span" style="font-size: medium;">article by Michael Mussa</span></span></a><span class="Apple-style-span" style="font-size: medium;"><span class="Apple-style-span" style="color: white;">, there are three factors: technology, tastes and public policy.</span></span></span></div><div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0in;"><span class="Apple-style-span" style="font-family: 'Times New Roman', serif; font-size: large;"><span class="Apple-style-span" style="color: white;">Any improvement on technology whether in communications</span></span><br>
</div><a href="http://luzglobalpreneur.blogspot.com/2010/08/factors-affecting-business.html#more">Read more »</a>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-4622569964828701864.post-58658718467592235842010-08-23T05:50:00.002-04:002010-08-23T06:11:42.507-04:00Opportunity to go Global is Still Available Despite Tough EconomyAccording to reports, Blackstone Group which is a private equity company is now making plans to invest on real estate in China. This is good considering that we are still in a questionable state when it comes to economy. This just goes on to show that amidst the floundering economy, investors can still afford to back businesses in the international market. The investment project where Blackstone Group and the Hong Kong developer, Great Eagle Holdings would mean an increase in business opportunities for smaller businesses because the real estate project would not only build residential homes but hotel rooms in the coastal city of Dalian as well.<br /><br />It could be noted that investors can still be relied upon during these dismal economic times even though banks find it unfeasible to lend money to small businesses. In the quest for globalization, small business owners should therefore not despair. Private equity companies would be able to sustain the need for globalization of your business. The issue is if your business model is impressive enough that investors would be encouraged to back you up.Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-4622569964828701864.post-79154574507317401522010-08-20T03:59:00.003-04:002010-08-20T04:40:20.154-04:00The US National Business Initiative and Small BusinessThe business sector is slowly gaining enough ground to recover from the economic downturn. With ingenuity, perseverance and competitiveness, small businesses now have the means to emerge victorious in international markets. The National Business Initiative aims to provide financial, counseling, and training assistance to those business owners who feel ready to take on the challenges of the global market. With the convergence of efforts from both International Trade Administration and the Small Business Administration, various issues facing globalization can be better addressed. <br /><br />The global market may seem to complex especially since the whole world has not yet recovered from the financial slump but small businesses should be able to navigate these complexities. Companies, whether big or small, have a similar goal and that is to increase their market reach. This goal could only be achieved through globalization and with the National Business Initiative, this could materialize sooner than we expected.<br /><br />Small businesses who might want to reach the international market can count on support from the federal government who sees entrepreneurs as partners in the global community. Apart from generating more sales for small businesses; this endeavor would enable the world to benefit from exports which would also be effective in generating more jobs in the country. Most small and mid-sized businesses should then be careful in planning out their strategy for the next generation of global business because it is the next step in expanding your business.Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-4622569964828701864.post-26256366550540083532010-08-18T06:49:00.003-04:002011-04-05T15:54:04.182-04:00Upholding Ethics in the International Market<a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgMhcmtGihHlh0kyi4ef_Qw44I-0Cwl23WhVH6omVt5VP4nui4ETGZ0U0Gb91gquPKn4re91_cifSTxtU-gqEMI9GLdz3MolOxtTxDAUoml6sp9ZMIzBhgQ18hpqmvGTx3aK2WOLdEvzVmn/s1600/global+bullseye.jpg"><img style="float:left; margin:0 10px 10px 0;cursor:pointer; cursor:hand;width: 200px; height: 148px;" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgMhcmtGihHlh0kyi4ef_Qw44I-0Cwl23WhVH6omVt5VP4nui4ETGZ0U0Gb91gquPKn4re91_cifSTxtU-gqEMI9GLdz3MolOxtTxDAUoml6sp9ZMIzBhgQ18hpqmvGTx3aK2WOLdEvzVmn/s200/global+bullseye.jpg" border="0" alt=""id="BLOGGER_PHOTO_ID_5592190123167222434" /></a>In your quest to conquer the global market, ethics should not be dismissed. Business ethics or your moral beliefs, the things which you believe to be right or wrong should be your guide to conduct practices which are not only beneficial to you as the owner but also to the public. In international negotiations, you may stray from the acceptable practices or norms because of cultural differences. You would need to realize that ethical differences and cultural influences are two different things. Ethics can be defined as the moral belief that influences your behavior, attitude and philosophy while cultural differences pertain to the protocol, religion, corporate language, and meal or gift customs.<br /><br />You have to be aware that whichever country you want to expand your business to have a different culture than yours. Generally accepted business practices may be influenced by cultural background but what would and should set you apart is your business ethics. This is where your definition of what is right and what is wrong comes in. An example of this is when you export your products and services to let’s say, a developing country, you might be tempted to bribe the government just because everyone else seems to be doing so. This would mean that your ethical practices leave much to be desired. There should be no excuse for you to allow your business ethics to take second place in your list of priorities just because you are operating your business in a different part of the world. Once you decide to let other people or even cultural differences dictate the way you do your business, the only person you are fooling is yourself. Your business might survive for a few years but in the end, your reputation would be tarnished and your business would ultimately suffer.Unknownnoreply@blogger.com2tag:blogger.com,1999:blog-4622569964828701864.post-82327135412419990952010-08-16T07:09:00.005-04:002011-03-30T23:03:41.313-04:00Political Risk and Globalization<p class="MsoNormal" style="text-align:justify"></p><p class="MsoNormal" style="text-align:justify">Since you are planning to venture into the international market, there are a couple of things you need to take in consideration and the most overlooked factor is political risk. In the United States, the Overseas Private Investment Corporation (OPIC) offers small businesses the security to export to other countries by means of political risk insurance. Basically, this gives you the assurance that your financial investments are secured. However, there are other aspects interlaced with political risk and globalization. One of which is your personal safety and those of your employees. </p><p class="MsoNormal" style="text-align:justify"><br /></p> <p class="MsoNormal" style="text-align:justify">For example, you are well on your way in expanding your business to a different country. You have done your research and you chose a country which is less risky in terms of politics. However, because of some unprecedented circumstances, the country that you chose encountered upheavals and some political changes were made. This may alter your expected outcome of the business. Now since you have financial insurance because of the OPIC, you are more or less comforted. But then, you have to take into consideration the complications such as terrorism, riots, political coups, civil wars and insurrection to your own life and the lives of your employees.<span style="mso-spacerun:yes"> </span></p><p class="MsoNormal" style="text-align:justify"><br /></p> <p class="MsoNormal" style="text-align:justify">Before getting into the international scene, you have to be prepared especially when it comes to political risks since it affects the strategic, financial and personnel facets of your business. You have to be prudent when it comes to globalization not only because your finances might suffer but also because your most important asset, your people, can be put into jeopardy.</p><p></p>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-4622569964828701864.post-44716098596049628912010-08-13T04:13:00.004-04:002011-03-30T23:03:41.316-04:00Globalization Controversy<p class="MsoNormal"><span class="Apple-style-span" style="font-family:arial;"></span></p><span class="Apple-style-span" style="font-family:arial;"><p class="MsoNormal" style="text-align:justify"></p><p class="MsoNormal" style="text-align:justify">In a small business operation, it is considered to be a big deal when you plan to enter the international market. While the advantages of going global cannot be ignored, some parties involved in the business would not have the same benefits as others. There are laundry lists of risks as well as unmitigated advantages in viewing globalization and therein lies the controversy.</p><p class="MsoNormal" style="text-align:justify"><br /></p> <p class="MsoNormal" style="text-align:justify">Some people have the idea that globalization would only be increasing the inequality between developed and developing countries. Some are convinced however that it is vital to promote worldwide economic development. While both arguments have their own points, it is essential to take a step back and study why there are different results in different countries. Most small businesses from developing countries have a better grip on international markets but developing countries on the other hand find it difficult to thrive on the international scene.</p><p class="MsoNormal" style="text-align:justify"><br /></p> <p class="MsoNormal" style="text-align:justify">There are many issues need to be addressed by both developing and developed countries. There should be a balance of regulations in order to have a sustainable growth in business. Globalizing a small business is no easy feat and the only way for a company to be able to thrive in the international scene successfully is to be able to view the world as a single market. </p><p></p></span><p></p>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-4622569964828701864.post-67724683575836732762010-08-11T07:11:00.006-04:002010-08-11T08:09:56.409-04:00Technology and the Global MarketWith the help of technology, having your business emerge and flourish in the international market is easier. If you expand your market to a more international reach, there are various advantages to your company. The first and probably most important benefit is an increase in your sales and profits. With a wider range of customers whom you can reach, you will have a bigger chance of improving your profit since your business is not tied to domestic operations only.<div><br /></div><div>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. </div><div><br /></div><div>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.</div>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-4622569964828701864.post-75513459242254473322010-08-09T03:50:00.003-04:002011-03-30T23:03:41.318-04:00How to get your business running on a global scale<p class="MsoNormal">Deciding to go global is not an easy decision to make and the implementation of ways to make globalization a reality for your small business is not a simple feat either. With the advancement of technology, most small businesses thrive on a global scale through the use of communications. The global entrepreneur just needs to have a mix of passion for business, a “never-say-die” attitude and the willingness to harness the power of the internet in order to succeed in a global economy. It also would not hurt to read up on <a href="http://www.bizsugar.com/Global/7-steps-to-an-open-mindset-for-more-international-business/">advices on opening an international business</a>.</p><p class="MsoNormal"></p><p class="MsoNormal"><br /></p><p class="MsoNormal">Since the global market is diverse and the competition is stiff, you need to have an edge against your competitors. The value of your products and services can spell success or failure. You have to stand out among other companies who offer the same thing and it has to be communicated effectively to your target market. Once you have done so, your business would be on lock.</p><p class="MsoNormal"></p><p class="MsoNormal"><br /></p><p class="MsoNormal">It is a must for the small business owner to learn ways on how his products and services can adapt to the global market. You have to be open to suggestions and comments by your consumers so that you would know which trends to follow and if it would be feasible. Planning is the first step in considering going international and you have to be patient in order to get your global venture going.</p><p></p><p></p>Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-4622569964828701864.post-45130920237557865732010-08-05T22:32:00.001-04:002010-08-05T22:32:38.246-04:00Ongoing Competition in the Global MarketCompetition is existing and it is getting fiercer and fiercer everyday. Now that’s a fact. Whether we like it or not, that is the reality. If you are always doing the conventional ways, you may be left out on the bandwagon of modern global businesses. The global market and the competition have changed so much that you just can’t afford to stay conventional.<br /><br />Globalization is rampant. We are now on the point that crossing across national border is not an issue. Everybody can take their business to global market easily. The more business, the stronger is the competitions.<br /><br />With the ongoing competition in the global market, business must be financially stable to stay in the competition. In order to survive, be very creative and open to any situation. Adapt the environment of competition and create a strategy on how to stay afloat in the competition. Always make sure that you are making proper financial decisions.Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-4622569964828701864.post-70224597481726594262010-08-03T23:21:00.000-04:002010-08-03T23:22:17.884-04:00Technology and Communication Make Global Trade PossibleBecause of the <a href="http://www.narticle.com/global-business-and-manufacturing/">improved communication facilities and technological tools</a>, the world is becoming more and more connected. Because of this, global business has been made possible. With the current ease of communication, it is not difficult anymore to monitor the global business and to establish communication with global branches.<br /><br />If you will compare the manufacturing process ages ago than the current business operation, technology has changed the idea and the process. People can now do things that people a long time ago could never imagine. All credits should go to technology and how it influence the communication to become more available to the public.<br /><br />Decades ago, it is difficult if not impossible to outsource a business. Because of the lack of connection, business tend to go in different ways. But now, global trading is possible, that us because people can easily communicate in real time environment making business process quick and effective.Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-4622569964828701864.post-66355685871595810302010-08-01T23:55:00.000-04:002010-08-01T23:56:11.439-04:00The Vital Role of Culture in Global BusinessAs we progress along the way, global business is always adjusting to the current trend of the world. There are a lot of aspects that must be considered, and the global business strategy implemented must not always the same, it should not remain stagnant.<br />As time goes by, there are a lot of changes in every aspect of the global market. One of the most important aspects to be considered is the culture.<br /><br />In this modern era, cultural flow is also changing. It has been greatly affected by technology and new media. That is why the lifestyle is changing. And once the lifestyle has changed, it will affect the products and brands that they are using.<br /><br />The <a href="http://lifestyletom.com/path/rao10925686836ros/roin59012159274">culture flows</a> allow consumers to discover new inventions, new products, new brands and new ideas. If these new things are tapped, then global market will develop and take the competition into the next levelUnknownnoreply@blogger.com0