SMALL BUSINESS GLOBALIZATION
Shawn Shearer
May 19, 2010
As the local economy worsens, and hundreds of 1000's of government and corporate jobs are lost; it makes good business sense for business leaders to focus economic stimulus efforts to catapult small business interest in the global economy — with purpose to move small business organizations beyond the boundaries of the local community — into the broader regional, national, and global arenas.
The evolution of information technology in the new millennium spurs vast business opportunities in a global economy. Corporations, organizations and individuals from urban and remote areas around the world are empowered to communicate directly, share information, and exchange products and services via the Internet.
The economic benefits of globalization are clearly realized by large multinational corporations who outsource work offshore in order to lower cost and increase profit margins. But, to a great extent, small business, underdeveloped nations, minorities and the poor of urban and rural communities have yet to harness the full advantage globalization has to offer. Many are left behind.
Hundreds of thousands of jobs shipped offshore have had a devastating impact on the local USA economy. This attributes to high unemployment, diminishing retail market and related service industries. A widespread sense of hopelessness, low self-esteem, misunderstanding and isolation is prevalent within our communities today.
Crime, poverty and violence are on the rise. The “official” unemployment rate for black people in the USA is 17%; one in nine young, black males is in jail. Youth runaways are on the rise. Children fall prey to warmongers, gangs, paramilitary organizations and media that propagate a culture of national chauvinism, sexual domination, racial, gender and ethnic hatred. Global war and exploitation have caused millions of people to become refugees — subjected to horrific living conditions, starvation, thirst and despair.
As the local economy worsens, and hundreds of 1000's of government and corporate jobs are lost; it makes good business sense for business leaders to focus economic stimulus efforts to catapult small business interest in the global economy — with purpose to move small business organizations beyond the boundaries of the local community, into the broader regional, national, and global arenas.
Small and medium scale business represents 97% of the world's employers, and account for greater than 50% net new jobs. With the advancement of web technology and the Internet, small business can too increase market, operating and / or business capacity via globalization.
However, resources must be allocated and transitional development must occur in order for small business to successfully survive in a global economy. Some lack computer hardware, software applications, infrastructure (Internet access), and proper training ― and / or access to business networks that bridge working international relations and facilitate the exchange of ideas, goods and services.
Global BMC plans to develop and implement consolidated Web-Based Enterprises in collaboration with several nonprofit organizations, business networks and associations with collective purpose to:
Develop and sell web-based business application services that increase client operating capacity and provide for the efficient exchange of information, goods and services.
Promote and increase visibility of clients, subscribers and sponsors to a global viewing audience.
Raise funds through banner advertisements, application service fees and Member Subscriptions to subsidize vital nonprofit program costs.
Create and support jobs; and positively impact local economic stimulus efforts in concentrated areas.
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