Global SME Benchmark Full Report
Most young and small companies don’t have (enough) experience in expanding abroad. But looking at their next stage of their company they should expand their business abroad to keep their business growing.
Welcome to the first edition of the Global SME Benchmark Report. 2Sherpa and 30+ supporting global partners have surveyed SME Companies across Asia, US and Europe to establish the state of business expansion abroad.
The Global Benchmark Study is an alliance of global organisations who share the vision and mission to gather more information how to let SME Companies grow.
The Study aimed at giving insights of the barriers, challenges and opportunities SME Companies are facing when expanding abroad.
This Study compromised a questionnaire of benchmark practitioners of more than 15 countries and was carried our in July, August and September 2016:
The survey has been built around the following 6 areas:
- Legal, Finance, IT
- Marketing & Sales.
In total 160+ participants took part across following countries:
- 73.3% Europe
- 6.7% US + Canada
- 13.4% Asia
- 1.7% Australia
- 4.9% Other Countries.
The size of the company:
- 53.4% 1-10 pax
- 25.9% 11-50 pax
- 17.2% 54-1,000 pax
- 3.4% 1,000+ pax.
The number of years the SME Companies have been in business:
- 28.3% 1-3 years
- 10.0% 4-5 years
- 21.7% 5-10 years
- 40% 10+ years.
Which are active in the following industries (+5%):
- 13.3% Business/professional Services
- 18.3% Consultancy
- 26.7% Manufacturing
- 5.0% Retail
- 5% Wholesale
- Other: communications, finance/banking/insurance, healthcare/medical, marketing, etc.
This report will give you clear insights how SME Companies are performing when it comes to business expansion abroad. Besides the facts & figures this 18 pages report will give you a guide line how to improve your business expansion abroad!
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