Growing Your Small Green Business and APEC
May 15, 2011Jane Siegel is an International Trade Specialist at the International Trade Administration who is focused on green building and sustainability issues.
More than 130 participants, both from public and private sector, from 14 Asia Pacific Economic Cooperation, or APEC economies will learn ways that small and medium-sized companies can implement best practices and make use of resources to become more green and sustainable during a seminar in Big Sky this weekend.
The seminar, consisting of three panels, will bring together business and government expertise focused on “How to Grow Your Small Green Business in APEC Economies.” The three panels are designed to cover all of the important issues a small or medium-sized businesses working in the energy efficiency, renewable energy, or traditional environmental sectors seeking to export or grow the international side of their work needs to come to grips with as they move forward.
The Functional Panel deals with finance, regulatory and trade promotion. To grow, smaller companies need to understand finance tools and strategies, the regulatory issues such as standards and the regulatory capacities of the countries in which they are interested. The Regional Panel will assemble small companies, which have experienced success and challenges in China, Mexico, Canada, Philippines, Brunei and other APEC economies and share those stories with the audience. Finally, the Sectoral Panel will provide information from companies working in solar energy, wastewater treatment, green building products, and design and engineering. This seminar will have a practical orientation.
The companies participating in the day’s events will come away with a better understanding of the tools they need to implement to find success in exporting and growing their green businesses. The relationships and opportunities that result from this event will help to build a stronger community within the APEC region and lead to a more robust green community globally.
Business growth is imperative to making money in the down turned market.
The convention will help young minds for business. Techniques and and basic principles will be surely discussed.
Small businesses often face a variety of problems related to their size. A frequent cause of bankruptcy is undercapitalization. This is often a result of poor planning rather than economic conditions – it is common rule of thumb that the entrepreneur should have access to a sum of money at least equal to the projected revenue for the first year of business in addition to his anticipated expenses. For example, if the prospective owner thinks that he will generate $100,000 in revenues in the first year with $150,000 in start-up expenses, and APEC Providing Supply Chain for the Small Business.
Small businesses tend to be more agile than large corporations, but in order to take a lead of that strength, they must be willing to adapt with changing times in order to prosper and survive. This is especially true when faced with a difficult economic climate. Thus, entrepreneurs must equip themselves with marketing strategies and they must be ready in every drastic change in the economy. They must have alternative way to come up when unexpected happen. Always read news and endow yourself with new tips on how to be entrepreneur either from other business man or on Google, it might applicable to you. Half of all small businesses fail within their first five years of operation, according to the Small Business Administration. There are several problems that are common to small businesses. Understanding what they are can help you plan to avoid them and can help you ensure your business becomes a success instead of a failure.
This seminar would certainly benefit small businesses and going green is not just good for business but for private homes too.
The “How to Grow Your Small Green Business in APEC Economies” seminar seems like a great opportunity for small businesses. Many businesses are aware of being green, however, in my experience it’s the practical application that is often missing: how to be green and how to make sure this also improves the commerciality of a business.
I’ve been part of a trading company before in world trade center in Manila.I took a short training as a entrepreneur and i can say that the event was successfully held.The session helps me clear my mind
I noticed in your article that the countries mentioned who are getting involved are all non European countries. There seems to be a better mindset elsewhere in the world towards green energy etc. maybe it’s because there is too much money in other things?