Hawaii businesses offered advice on exporting

POSTED: 01:30 a.m. HST, Sep 04, 2011

~~Question: Hawaii imports far more than it exports, and the Hawaii district office of the U.S. Small Business Administration is trying to help reduce the state's trade imbalance with an upcoming free counseling event for local businesses interested in exporting internationally. Why?
Answer: (Mary Dale) Exporting is a great way to find new customers. Many small businesses interested in increasing sales and profits are taking their businesses global. Nearly 96 percent of consumers and more than two-thirds of the world's purchasing power reside outside U.S. borders. That presents a tremendous opportunity for small businesses who prepare themselves to tap those markets, particularly in high-growth Pacific Rim areas. Other good reasons to export -- for the rewards for the state and national economy as well individual business owners and entrepreneurs -- include reduced dependence on a small local market or economic downturns; diversified sources of revenue; extended sales potential; and stabilized seasonal markets and sales fluctuations.
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Question: Hawaii imports far more than it exports, and the Hawaii district office of the U.S. Small Business Administration is trying to help reduce the state's trade imbalance with an upcoming free counseling event for local businesses interested in exporting internationally. Why?

Answer: (Mary Dale) Exporting is a great way to find new customers. Many small businesses interested in increasing sales and profits are taking their businesses global. Nearly 96 percent of consumers and more than two-thirds of the world's purchasing power reside outside U.S. borders. That presents a tremendous opportunity for small businesses who prepare themselves to tap those markets, particularly in high-growth Pacific Rim areas. Other good reasons to export -- for the rewards for the state and national economy as well individual business owners and entrepreneurs -- include reduced dependence on a small local market or economic downturns; diversified sources of revenue; extended sales potential; and stabilized seasonal markets and sales fluctuations. Login for more...