Even though world merchandise trade growth is expected to rise just one percent through the end of this year, U.S. businesses are optimistic about trade over the next six months, buoyed by the prospect of changes to government trade regulations, and momentum in the current U.S. domestic economy, according to the latest findings from the U.S. HSBC Global Connections Trade Forecast.
The Transportation Software market is a large and varied market. Most researchers understate the size of this market since they focus on a few big and well-defined companies. However, there are hundreds of software and content firms in the transportation market. And amazingly, more entrants all the time.
China is one of the fastest-growing markets, and small business owners shouldn't be intimidated by perceived complexity around regulations or not being able to connect with a new culture and customer base. By thoughtfully making small changes to business and marketing methods as well as taking advantage of the myriad resources available, entrepreneurs can easily navigate these international waters.
The successful reverse logistics process that works domestically may not translate if you try to take it international. When you cross borders, especially international borders, there are a host of issues and risks, which you need to consider and mitigate.