By Bob Northgate

Firms that begin to export boost their business productivity by up to a third in the first year.

Why should I be thinking about exporting?

There are many benefits to exporting including:

• economies of scale in production

• increased revenue and profit

• boosting your business productivity

• spreading the risk base of your business

• learning about the wider competition

• developing new product ideas

Developing new markets is just as important as developing new products.

Growing businesses know they will need to trade internationally to succeed.

• UK goods and services are in high demand globally

• Sterling is currently very competitive against the dollar and Euro

• Internationally-trading companies grow faster and last longer.

However businesses feel a lack of information prevents them from expanding into international markets.