A new Website to assist small businesses seeking to tap into international markets was launched recently by the U.S. Small Business Administration in partnership with the American International Group, Inc. (AIG) and the U.S. Chamber of Commerce.
The new Website is at:
www.AssessYourInternationalRisk.org.
Its designed to provide small businesses with information that will help them determine what insurable exposures they may encounter in doing business overseas. These can range from credit and liability risks with unknown customers to workers’ compensation laws, which can vary widely.
This is part of the SBAs ongoing efforts to provide the best information resources to small business owners, especially through online access, said SBA Administrator Hector V. Barreto. SBA, along with AIG and the Chamber of Commerce, is committed to promoting initiatives that give small businesses an advantage that can create increased opportunities.
Small businesses are more likely to be unfamiliar with the risks involved in doing business overseas. A lack of knowledge may needlessly stifle or jeopardize a companys expansion.
The site will help entrepreneurs in creating an environment where they can gain the knowledge to expand and protect their business on an international scale. The Website features a convenient ask-the-expert option where small business owners can ask questions about the risks in doing business overseas.
