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Banking

Is your business ready to expand through exporting?

9/4/2019

Tony Braida
VP, Global Banking

Over 95% of the world’s consumers reside outside of the United States. This presents an excellent growth opportunity for your company. There are several reasons why exporting could be a good next step for your business:

1. Increased Growth – Tapping into new markets allows you to quickly increase your customer base and increase sales volume.

2. Stability – Exporting can help stabilize your bottom line over time and help you overcome downturns in the domestic market.

3. Product Improvements – Having a presence in overseas markets helps
you keep pace with global product trends. You could introduce product
improvements or new applications not seen domestically.

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4. Personal Growth – Experiencing and working in countries and cultures other than your own can help you develop a depth and breadth of knowledge that will make you an overall better
businessperson.

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