Most [U.S. small and medium businesses] are looking to increase their presences in China, the United Kingdom (U.K.), or Canada over the next 12 months (20- 21 percent each). China is attractive for U.S. SMBs because the availability of affordable suppliers and cheaper, high-quality talent. The U.K. is the preferred destination for those seeking access to higher quality suppliers. Canada is preferred for easier customer acquisition and decreased tax liability. Ninety-six percent of businesses are confident conducting business abroad, according to USForex, which partnered with Researchscape to survey more than 300 U.S. small and medium-sized businesses over a two-week period.

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