11/05/2004

Many Small Businesses Unable To Overcome Exporting Barriers

From Law & Entrepreneurship News:

"Small business owners may not have the time or money to overcome exporting barriers according to the study 'Costs of Developing a Foreign Market for a Small Business: the Market & Non-Market Barriers to Exporting by Small Firms.'

The study found that most small businesses generally implemented exporting in reaction to customer inquiries and not as a planned strategy. This was because most small business proprietors saw exporting to be too costly and time consuming.

The study was written by Palmetto Consulting. The study examined barriers to exporting faced by a panel of South Carolina small businesses. "