Asia Pacific SMEs Need to Unlock Global Growth Potential - Business Insights

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Thursday, January 28, 2016

Asia Pacific SMEs Need to Unlock Global Growth Potential

©iStock/AsianDream
According to "Why small business is missing out on a world of opportunity," published by SMBAsia:
In Asia Pacific, small- to medium-size enterprises – or SMEs as we often refer to them– make up 98% of all businesses, employ 50% of the workforce and generate 42% to GDP, so it is important that they continue to succeed and grow.
But are most SMEs leveraging international trade to help boost their revenues and profitability?  Everyone knows, or should know, that there is a correlation between exporting and achieving rapid growth, for example.  Further, exporting, in this case, helps SMEs achieve economies of scale, reduce risks and balance uneven growth cycles.

The trick is to unlock SME global growth potential.  How do you do it?  You can find some ideas here.

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