In recent years , internationalization has taken a very important turn. The internationalization of SMEs is an increasingly widespread phenomenon .
Some ways for SMEs to internationalise
There are varying degrees of internationalization, but many have started with a very important first step: foreign trade .
Importation in SMEs
On the one hand, it is becoming philippines phone lookup increasingly easier to find the right foreign supplier . Tariff and non-tariff barriers have been reduced, there are a large number of international events specialising in the most diverse sectors, improved transport has made business travel easier, digital technologies favour a fluid exchange of information between supplier and customer, etc.
SMEs and exports
On the other hand, exporting is easier for SMEs. In recent years, digital channels have become powerful allies in this process. For example, many have started exporting through their own online store or through a marketplace .
There is also a push for exports in industrial and agricultural SMEs. This is mainly coming from highly specialised companies . They need large markets to be able to meet the demand necessary to be able to make investments that boost their specialisation and also, in general, the quality of their products. Exports are the natural path.
The international provision of services is also gaining importance . On the one hand, through the provision of remote services , but also through the improvement of mobile services . For example, the cloud has allowed professionals who provide their services in different countries to have access to the information stored in it and to the applications they use in their daily professional life, anywhere .
The prominence of startups
Startups in the process of internationalisation are playing an equally important role . They usually start from a small size. Most of them begin with a disruptive bet in their country. Designing and launching the project is a complex process. However, those that are successful in their country gain experience that they often try to transfer to others. Their great advantage is that they have valuable knowledge. Their challenge is to transfer it to different contexts, such as that of other nations.