Many small businesses think that international trade is for big companies, that the challenges of going global are too daunting for small companies, that pursuing an export strategy would distract resources from their core business efforts, etc. To the contrary:
- 97% of all U.S. exporters are small businesses
- 42% of U.S. exporters have fewer than 19 employees
- 60% of these small businesses derive at least 20% of their annual earnings through exports
The Virginia SBDC state office provides international trade consulting and can put you in touch with an array of resources, training programs, business connections, and export assistance. These resources can be accessed through the State network website for international trade.
Additional materials relating to International Trade are available in the Resource Library.