As a small business owner who deals in international transactions, your transition into this mode of business was likely a gradual one. Nobody goes from regional to national to international all at once. The slow, intermittent nature of your growth into a truly international market causes a lot of small business entrepreneurs to lose a lot more money on these transactions than is necessary.
That’s one of the major problems about small business. Without achieving the benefits of economies of scale, it’s easy for a solopreneur or even a manager to perform an international transaction in a way that isn’t as efficient as possible.…Continue reading