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Entrepreneurs' Fears May Jinx Obama's Export Push
Here's an interesting issue posed by a small business owner:
Payment isn't the only challenge. Betsy Shields, founder of Breakaway Technologies based in Park City, Ill., sells used computer equipment abroad. Exports made up about 30% of her total sales of $2.4 million last year. Brisk business in Hong Kong and Singapore, though, dried up in 2007, when computer hardware manufacturers "dumped a lot of brand new product over there at pretty low prices," she says. A recent prospect in Tanzania looked promising, but tariffs made Shields' goods too costly.We are honored to be included in this story. A hat tip and thank you to John for always reaching out to us whenever a feature has to do with global small business.
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