The purpose of this thesis is to identify the major financial issues confronting small U.S. based companies who wish to grow internationally, and to compile the cutting-edge knowledge and practices needed for dealing with these issues. The most important financial activities such small businesses encounter, include: raising capital on the most favorable terms; allocating their capital efficiently; and effectively managing their company's critical working capital, overall risk and tax obligations. Many scholars espouse financial theories and prescribe practices for helping large corporations to succeed in expanding their businesses internationally. However, few financial researchers consider the significant and distinctly different challenges that small businesses face in going global. Many small businesses struggle to compete with large enterprises in terms of raising capital and acquiring specialized market knowledge. Being internationally competitive in today's business environment is no longer an option for these small companies, but rather a necessity. It is hoped that this work, which uniquely assimilates and concentrates this small business focused knowledge and expertise in a single source, will be a useful, efficient guide for small company entrepreneurs who would venture to grow their firms globally