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There’s never been a better time to consider exporting. Here’s why.

Growth Hub News
  1. It’s not as hard as you think

Many business people report that exporting is easier than they thought it would be. That’s largely because of the wealth of free, expert help that’s widely available through Growth Hubs, banks, the UKTI, trade organisations and more.

  1. Overseas custom means business growth

It’s the biggest reason to consider going overseas and the biggest benefit as well. UKTI reckons 85% of businesses that export experienced growth which they simply couldn’t have achieved if they had simply stuck to doing business in the UK.

  1. Cheshire and Warrington are ideally placed

Businesses in this area are ideally placed to capitalise on the international connectivity of Liverpool and Manchester. Liverpool’s Super Port is a gateway for businesses wishing to export goods, while Manchester Airport offers brilliant connectivity across the globe.

  1. British products and services are in demand

Simply by being British, your products or services are in demand in traditional, established export markets like Europe and the US, as well as in the high-growth economies of China, India, Russia and Brazil.

  1. It’s for small businesses as well as big business

The internet and the vast array of support which is available to companies thinking of exporting means more and more small businesses are enjoying success overseas. The world is a smaller place than ever before so it is much easier now than it was even 10 years ago to communicate with overseas partners and customers.

  1. The government is backing you

The government is determined to support UK businesses looking to export and has made significant investments in the services available, largely through UKTI and the Department for Business, Innovation and Skills (BIS). The Government-backed Growth Hub can also point you in the right direction for invaluable advice.

  1. Access more customers

The European Union alone can provide you with access to over 500 million customers. Consider opportunities in India and China and that number rises into the billions. It’s always good to consider, however, the cultural and regulatory challenges that may arise when doing business in places like China.

  1. Improve your business’s reputation

If your product or service is sold overseas it usually helps you to win new customers in the UK as well because exporting lends credibility to what you do.

  1. Spread your risk

It’s all about eggs and baskets. Moving your business away from 100% dependence on domestic markets means you are less exposed to domestic economic problems. Having new clients or customers overseas spreads your risk across a wider range of customers.

  1. We speak their language

Having English as a first language can give you a head start on businesses from other countries which are competing on an international scale. English is the international language of business, which makes communication with overseas clients and partners so much easier.

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