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Many small businesses are achieving success by selling to customers within their domestic borders. While this is a solid strategy, opportunities exist around the world that will allow further business growth. These opportunities lie within expanding business into new markets abroad. Going global may seem difficult at first but for many small businesses it provides a proven growth strategy. Doug Barry of the United States Commercial Service states that profit margins for international sales tend to be higher and he also . We will now take a look at these suggestions and see how easy international business can really be!

Latin America is on the rise. Not only has the region experienced a significant amount of economic growth in the last decade, it has begun to dominate large areas of trade worldwide. Latin America contains a large amount of land, along with a large population ready to drive its international success. While often Latin America is looked at as impoverished, author that in fact Asia and Africa are much poorer regions.  Latin America is filled with natural resources, and a population that is ready to explore more business ventures.

In an effort to develop closer trade ties with China, Canadian Prime Minister Stephen Harper met with Chinese Prime Minister Wen Jiabao in Beijing last week.  Canada’s goal is to continue to in hopes of decreasing its reliance on trade with the United States.  This goal especially relates to the oil industry and Canada’s effort to overcome the increasing environmental regulations being imposed by the United States.  Canada sees China as a solid alternative for trade because of its vast market size and high demand for foreign oil.

For the past few weeks, Western states have not only imposed sanctions on , but also convinced many Asian countries to do the same.  These sanctions are an economically crippling bargaining technique to pressure Iranian officials into discontinuing their uranium enrichment program, which American and European officials claim to be a nuclear weapons program with malicious intent but Iranian officials claim to peaceful and a national right.  Furthermore, many financial institutions that interact closely with Iran’s central bank have also been targeted.  The assets of Iran’s central bank are currently frozen that are linked to Tehran.

All around the world remains a key component of business success and innovation. Places like India, China, and the United States are well known for their innovation and technological development. However, Latin America happens to be one of the fastest-growing technology markets in the world. With Brazil being one of the largest economies in Latin America, many people may assume Brazil is leading the way in technology. Yet, this is not the case. This past year Panama replaced Uruguay as .

grew by 6.5% in 2011, marking the highest percentage in over a decade.  This GDP growth, however, is not unprecedented because in seven of the last eight years Indonesia’s GDP has grown by more than 5%.  In the last couple of years, corporations and investors have begun to compare Indonesia’s economic growth potential with the likes of India and China.  Strong growth and political stability are two of the main reasons why corporations and investors share this confidence.

Natural gas is a relatively obscure energy source compared to its more popular companion oil. Most people rarely think about it - it heats their house and if there is a particularly cold winter, their heating bill tends to rise. Thought process done. However, natural gas has started to become more mainstream as pricing patterns around the globe and new technologies are awakening the industry.

The perfect leader is outspoken, bold, voices opinions, and is a people person right? Not necessarily.  Whether we realize it or not, we often associate many extroverted traits with strong business leaders and assume that those who are introverted will not be as successful. This is not always true. There are several characteristics that introverts possess that businesses could benefit from that are probably being overlooked.

While many depend on each other for the trade of goods and services, few would think countries could depend on each other for one of the most important resources on Earth—energy. A spanning across several European countries could mean not only improved power sources but also cleaner . Advocates of this energy plan suggest that a transnational supergrid could connect power sources like wind farms in Scotland and solar arrays in to the many population centers scattered throughout Europe. The need for an expanded and upgraded power network in Europe is clear. However, the political, regulatory, and economic obstacles are formidable and will be tough to overcome.

Entrepreneurship is risky. Entrepreneurship is for the naïve. Entrepreneurship rarely succeeds. All of these assumptions make entrepreneurship sound like a bleak place only for the most risk-averse; the de facto position from many people is that corporate life is the way to go. But this conventional position is far from true. Building new companies is far more sensible than one may think.