How to trade internationally and run your business in one currency
Businesses that trade globally usually have to choose between
simple
but risky and
safe
but complicated as alternatives for managing international finances
.
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Simplest way to protect international business from currency swings
Most small businesses who trade internationally take currency swings as a fact of life. They go about trading with their suppliers and buyers in foreign markets and convert currencies whenever they...
Five myths about foreign currencies that small businesses often have
Myth: Managing currency risks is not for small businesses
Fact: Businesses of ANY size that trade internationally may benefit from currency management and an increasing number of small businesses...
Cost of Currency management and the value of keeping your business safe
The approach of small and medium-sized businesses towards FX risk management is very different from that of large public firms and foreign currency hedging costs are to blame. We look at hedging...