While much of the economy can be relatively doom and gloom, here’s a few areas where small businesses are adapting and growing in their environments:
- Poland emerging as major European outsourcing hub, Phys Org: How business in cities such as Krakow, Gdansk, Warsaw, Wroclaw and Lodz are growing from different types outsourcing, such as for graphic designers, accounting services, software research and more.
- Outsourcing for small businesses, Q&A roundup, Guardian UK: Tips and suggestions for small businesses looking to outsource some of their activities.
- LeaseQ Offers Tips On Peer To Peer Lending As A Growing Business Trend, Yahoo News: Suggestions from a service in the US helping small businesses to get financing from each other.
- Small businesses booming in uncertain economic times, The News Courier: How two small businesses in Athens, Tennessee are growing from putting extra emphasis on supporting their customers and the community.
- Business saves $270K. The trick? No employees, CNN: How a startup in North Carolina was able to be up and running working with different types of freelancers.
- Regional banks following small businesses to Southeast Asia, The Asahi Shimbun: How banks in Japan are moving to areas where small businesses are moving to and growing from, otherwise known as the “China plus one” strategy. This includes Thailand, Cambodia, Laos and Vietnam.
- To Continue Growing, Quit The Big Job, Forbes: How some people are finding moving to a smaller business can help to grow faster, including for the range of activities, different ways to solve them without traditional resources as well as the obvious factor of it being much easier to double, triple and more starting from a much smaller starting point.
- Study: Women Creating Businesses at Faster Rate Than Men in 3 Nations, Atlanta Blackstar: From a study of 59 economies, women are growing small businesses faster in Ghana, Nigeria and Thailand and it’s nearly equal in Brazil, Ecuador, Uganda and Switzerland.
Here’s a wrap of some of the trends and changes:
- New economies: From what you could call a relatively healthy infrastructure and quality lifestyle, areas such as Eastern Europe and Southeast Asia are continuing to have record growth rates.
- Outsourcing: For activities that you don’t have the expertise in or time for, many of these can be done by freelancers, increasingly accessible for different types of work and locations.
- Less red tape: This includes doing what’s needed to help small businesses move forward, including less obstacles for new businesses, peer to peer financing and advances for gender equality.
If you have a small business and looking for a tool to help organize some of your activities, you can consider using an Odysen solution, go here to learn more.