NSBA Board Member Mike Stanek Testifies on ExportingMay 20, 2015
Molly Brogan Day
Washington, D.C. – Earlier today, National Small Business Association (NSBA) Board Member Mike Stanek , Vice President and Chief Financial Officer of Hunt Imaging LLC, testified before the House Committee on Small Business about the challenges facing small firms when it comes to exporting.
Hunt Imaging manufactures dry and liquid electrostatic toners and developers used primarily in high speed computer printers, and exports to several countries in Europe, Asia, Africa and South America. In his testimony, Stanek underscored the various challenges he faces as a small exporter.
“Developing foreign markets is a significant challenge, especially for a small firm with limited human and financial resources. There are cultural factors to learn, language barriers, legal snares and obstacles, and the complex array of logistical and governmental issues surrounding cross-border trade,” stated Stanek.
Stanek went on to urge lawmakers to support efforts to ease complexity through the creation of a One-Stop Shop that would have a centralized staff dedicated to assisting small businesses in all aspects of exporting.
He also encouraged Members of the Committee to support free trade, stating: “Free trade agreements are likewise extremely important as they lower foreign barriers and produce a more level playing field. Lowering the “hassle factor” of exporting greatly increases the attractiveness to small companies.”
Stanek cited an exporting survey from NSBA and its international trade arm, the Small Business Exporters Association, which shows a marked increase among non-exporters who said they would be interested in starting to export their goods and/or services from just 43 percent in 2010 to 63 percent in 2013.
In closing, Stanek said, “Federal agencies can play a very important role in helping to reduce exporting barriers for small businesses, and help these entrepreneurs tap into new markets and grow.”
Please click here to read the full testimony.
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