Worldwide Opportunity Knocks Daily for UK Companies
Think Globally & Capitalise on the Market Potential for British Businesses Abroad!
By Joshua Madden, Coast to Capital LEP
Have you considered exporting? It’s not just for conglomerates or manufacturers, in fact there is a strong appetite for British goods and services all over the world regardless of sector. Companies the world over are eager to buy from Britain because of its reputation for high quality, reliability, and value.
Why should you export?
The Department for International Trade (DIT) research shows that businesses that export are in a more stable and sustainable position being 11% more likely to stay in business1, and tend to benefit from a 30% increase in productivity2 within their first year of exporting. Conducting business overseas also gives you and your business a broader perspective, encourages innovation, and spreads the risks associated with fluctuating exchange rates and demand across different markets. This is especially true in the case of British firms, for whom demand in markets around the world remains very strong.
How can you reach these markets?
Support is available through many different organisations, including those organising trade visits around the world, such as DIT, UK-ASEAN Business Council, Enterprise Nation, and the British Chambers of Commerce. Comprehensive support is available from DIT who have worked alongside Coast to Capital to allocate £2m for the recently launched Export ASEAN project3, established to provide businesses with the expertise and support to export to countries in Asia Pacific (though the support is also available for exporters to other global locations). DIT provides twelve hours of free advice to help you develop your export strategy, and provides financial support which helps fund businesses to present at exhibitions at over 250 locations worldwide.
If you are looking to grow your brand internationally and show the world that you are open for business, now is the time to start! Doing business abroad is far more than shipping goods, it also includes software development, consulting, food and drink, and all other sectors of business. In fact, if you are selling or have sold to a client on the European mainland, you already are exporting!
So why not call the Growth Hub on 0800 977 4146 and let us help you on your way to giving your product a global audience.
About us: Coast to Capital’s Growth Hub provides a free and impartial service that supports all stages and sizes of business with information, advice and guidance necessary to help grow your business.
To find out more visit www.c2cbusiness.org.uk
Or email info@business-navigator.org.uk.
*1-2Data taken from Department for International Trade (DIT) material
*3 Data taken from:
http://www.c2cbusiness.org.uk/storage/downloads/1499434829_erdf_project_flyer_-_asean.pdf
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