Small and Medium businesses (SMEs) should consider expanding overseas to bolster growth. Recent research by ICAEW concludes that 70% of UK businesses are looking overseas to further their recovery and that the downturn has increased the pace of globalisation in advanced and emerging economies.
The key to communication with Chinese customers is RESONANCE — striking a chord with them at the emotional level. It’s such commonsense that it’s often overlooked.
Posted on 9th August 2011 in International Trade.
A new measure of the UK’s exporting health, the DHL/BCC Trade Confidence Index, launched today, reveals that UK exporters are showing signs of strength. However, difficult global economic conditions are creating challenges that affect exporters’ investment decisions, and their desire to take on staff.
Posted on 7th August 2011 in International Trade.
There was a time when being a multinational meant big business. Not anymore. The growth of the internet along with cheaper air travel has made the world a smaller place and as a result a growing number of UK small businesses have built, or are preparing to build, a presence throughout Europe.
Posted on 1st August 2011 in International Trade.
Today, Cloud is top of mind for senior managers and CIOs of small and mid-sized businesses that seek to reach a global audience with their Web-based content and applications.
Posted on 22nd June 2011 in International Trade.
First it is important to separate the two process – FX and international payments. FX is the process of converting one country’s currency into another country’s currency in order to complete a transaction. International payments is the process by which the transaction takes place. The ideal scenario is for the SME to find a partner who will manage both processes, cost-effectively and efficiently. However for a business unused to the issues around international trading, the options can seem daunting and confusing.
Posted on 7th June 2011 in International Trade.
A survey commissioned by Lloyds TSB Commercial in 2010 showed that only 32 per cent of British SMEs are involved in the export market.
Posted on 26th May 2011 in International Trade.
A capacity audience comprising some of the UK’s leading small businesses and entrepreneurs attended the ‘Going Global’ workshop in London on Wednesday.
‘Going Global’ is the latest in a popular series of Entrepreneur Country events aimed at providing informative and interactive workshops, connecting thought leaders with the small business and enterprise communities.
Posted on 1st April 2011 in International Trade.
For Stephen Sacks, CEO of Wallace Sacks, who participated in a programme that we ran in 2008, the decision to start exporting was a case of ‘do or die’ for his clothing and textiles business. “I realised that we were dead in the water if we didn’t make drastic and immediate changes,” he recalls.
Posted on 24th February 2011 in International Trade.
UK Opinion formers see China as an opportunity but are not preparing as well as they might when entering the China market, according to newly published research commissioned by KL Communications.
Posted on 13th December 2010 in International Trade.
British firms keen to seek their fortune in the Far East will today attend an event at The IET: Savoy Place, in London, to hear for themselves how exporting to China, the second largest economy in the world, can transform their business.
Posted on 26th July 2010 in International Trade.