Delivering needed cash; UPS, FedEx and DHL ship packages all over the world.
As logistics giants FedEx, UPS and DHL battle for small business clients, they are rolling out services that have little to do with hauling packages from Point A to Point Z.
FedEx, for instance, has quietly become the nation’s second-largest producer of signs and banners, and it’s about to unveil a service aimed at helping entrepreneurs get into the direct-mail marketing industry. DHL has launched a small-business magazine and is funding micro-enterprise efforts such as Mays’. And UPS has become one of the top providers of Small Business Administration-backed loans in the country.
There’s no secret why the trio, which built their reputations in corporate mailrooms, are increasingly wooing mom-and-pop shops. Of the 23 million businesses in the country, 98 percent are small enterprises, according to the SBA. And 97 percent of all exporters are small ventures.
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