The Export Plan: Pricing Strategy
Now that you’ve identified a country for export and have selected a path to your customers, it’s a good time to start to think about pricing. You’ll need to make the important decision on what you will charge for your product. In this issue, we’ll discuss the additional costs you can expect to incur when exporting to a foreign county and will review how those should be factored into the sales price of your product.
Export Planning Streamlined
The Missouri Small Business Development Centers (SBDC) recently brought a new international export business planning platform to small businesses across the state.
Suicide prevention in the workplace
In the United States alone, suicide accounts for nearly 40,000 lost lives per year, according to the National Institute of Mental Health. That's an average of one suicide every 13 minutes. The truth is that anyone can be at risk. Sometimes you NEED help. Sometimes you ARE the help.
The Export Plan: Market Entry Strategy
In the previous article, we looked at tools that were available online from US Census sources and through Missouri SBDC counselors to identify potential markets at the country level. This resulted in a prioritized list of countries to consider for export based on factors such as U.S.
Taking Missouri small businesses to the next level: CARES Act enables 12 to ‘Elevate’
Twelve Missouri small businesses accepted the challenge to take their businesses to the next level at the beginning of 2021.
The Export Plan: Market Research
Now that you have confirmed there are no export restrictions on your product or service, you are ready to develop your strategy to export your product. The effectiveness of the export plan you develop will hold the key to whether the international marketplace becomes a significant revenue stream for your business. While there are different opinions on the nature of the export plan, the following eight areas capture those topics that…
MU report looks at population trends in Missouri
COLUMBIA, Mo. – Missouri’s population grew by about 11,000 people from 2019 to 2020. This 0.2% increase is only half the national rate of 0.4%, though it is typical of the modest growth experienced by many other Midwestern states.
Preparing Undergraduates for Agriculture and Food Research Careers: An Internship Paradigm
Abstract: The University of Missouri Integrated STEM Internship Program (MU-ISIP) is a 9-week internship experience that helps prepare undergraduates for the workforce or graduate school in four Agriculture, Food and Research Initiative (AFRI) areas:
Memorial Day offers time for delayed healing
COLUMBIA, Mo. – For five generations, the James O’Donnell Funeral Home has held the hands and hearts of grieving northeastern Missouri families as they said their goodbyes.Fifth-generation owner Jimmy O’Donnell says no time in history challenged him and other rural funeral directors more than the COVID-19 pandemic.
Exporting: The First Step
Earlier in this series we looked at some of the benefits and basics of exporting. In this article, we will review an important first step, how to determine if there are no export control restrictions on your product or service. Unless there is a potential military or dual military-civilian use, it is likely there will not be export restrictions on your product or service.
Some Basics of Exporting
In the first article, we shared some basic information on some of the “whys” of exporting, including the expected growth in the international market for US businesses and available resources in this area for the small business owner to succeed. In this article, we will start to explore some of the factors to take into account as you reach a decision regarding if exporting is the right next step for your business.
Food safety after flooding
KANSAS CITY, Mo. – Floods can devastate property and have lasting effects on a community. In the aftermath, people might not think about the consequences flooding can have on food. Floodwater often contains sewage or animal waste that could contaminate foods with harmful organisms, said Londa Nwadike, food safety specialist for University of Missouri Extension and Kansas State Research and Extension.
Procurement Conference 2021
Do you do business with the local, state, or federal government? Or would you like to add the government as a customer? Join us for a one-day conference to network with government agencies and small business support programs to reach your business goals.
Should I Export My Business’s Goods and Services?
Are you a small business owner that is not currently exporting your goods and services, but is considering it? Are you concerned about how to make the right decision on this important question for your company and how to prepare your business for success in this area? If so, this column is for intended for you. It is my goal to share information to help position you and your business for a decision on exporting.
Do spring safety check on and off the farm
COLUMBIA, Mo. – Planting season brings increased risk of physical injury and mental stress among farmworkers and families, says University of Missouri Extension safety and health specialist Karen Funkenbusch. Before heading to the fields, review basic safety lessons with workers and family members, she says. Rural roadway safety
Keeping Missourians up to speed
When Ron Brown was approached to check out University of Missouri Extension’s Master Gardener program, he thought the opportunity to expand his already extensive gardening knowledge would only help as he worked in his home garden and a community garden in Ferguson, Mo. But Brown wasn’t sure what to expect since he hadn’t been in a classroom in years.
Bold goal, bold future: Doubling the value of Missouri agriculture by 2030
COLUMBIA, Mo. – University of Missouri Extension’s bold goal for a bold future takes the old adage “go big or go home” to another level. What is the bold goal? Double the value of Missouri agriculture by 2030 while sustaining the state’s natural resources.
Data sheets document UM System's impact
COLUMBIA, Mo. – County-level data sheets on the impact of the University of Missouri System are at www.umsystem.edu/ums/sc/datasheets. The printable two-page PDFs have been updated with data for FY 2020.
Missouri land values continue to grow
COLUMBIA, Mo. – All classes of Missouri land values grew steadily in the past year, according to the University of Missouri Extension’s annual survey of farmers, rural appraisers and agricultural lenders.Ray Massey, MU Extension agricultural economics professor, heads the survey efforts.
Missouri farmer spreads MU Extension mission to beginning producers
COLUMBIA, Mo. – Missouri’s array of soils and topography allows producers to grow an extensive list of vegetables, from leafy greens to cucurbits. Springfield farmer Curtis Millsap is one of many producers who benefit from University of Missouri Extension guidance on commercial horticulture. Since 2003 he and his wife, Sarah, have been working with MU Extension, particularly horticulture specialist Patrick Byers.
Free hotline offers counseling, referrals for Missourians in crisis
COLUMBIA, Mo. – Missourians in crisis can take advantage of a free 24-hour hotline for stress counseling as well as information and referrals on legal, financial, crisis/disaster and personal health topics. Individuals can seek help by phone or live online chat.
Connecting to Careers
SPRINGFIELD, Mo. – Scott Hoad was at a low point this spring, trying to piece together a decent living after being laid off from a job painting commercial aircraft. Then Hoad crossed paths with Amy Patillo, a University of Missouri Extension labor and workforce development specialist based in Springfield.
FireUP Your HR for Small Business
Seize the opportunity to develop real-time human resource (HR) tools in order to get better results and gain a distinct competitive edge.
Wantland tops 2020 State 4-H Dairy Judging Contest
SEDALIA, Mo. – The State 4-H Dairy Judging Contest looked somewhat different this year, but Lila Wantland remained consistent and led the field in dominating fashion at the Aug. 22 event held at the Missouri State Fair in Sedalia. Wantland repeated her 2019 win, following up 2018 and 2017 victories in the intermediate division.