suitable product service export: Companies say they don’t have a suitable product or service to export, don’t have the resources, or believe they would have trouble finding overseas customers, agents or distributors, the report said, according to Toronto Star. The issue for many of them is they feel they are too small, they don’t really have the time to look into things, Jan De Silva, president and chief executive of the Toronto Region Board of Trade said in an interview. Businesses in Toronto have a range of export services, information, and financing available to them, but still face a variety of hurdles, the board said. It complicated to try to find the right partners in other markets so they simply don’t. The board Trade Accelerator Program, dubbed TAP GTA, is meant to be a one-stop shop for businesses looking to export. Only about 41,000 out of the 1 million small and medium-sized businesses in Canada are exporting to other countries, the Toronto Region Board of Trade said in its Export Strategy Report.
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Tagged under suitable product service export, overseas customers topics.
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