While this premise seems obvious to almost everyone, it's one that is ignored by most U.S. companies. According to the Small Business Administration (SBA), less than one percent of the 30 million U.S. companies currently export their goods despite the fact that 95% of the world's consumers are located outside the United States.
Why? Perhaps it's because exporting can seem hard, especially if it's something you haven't done before.
While exporting may have some challenges, there are some standard steps you can follow to become a successful exporter that are outlined below in this great infographic from All Finance Tax on their website.
In addition to the information provided in the infographic above, there are many resources available to help your company succeed in international trade: