You’d have to be ignoring TV and newspapers not to recognise that one of the biggest topics for businesses across the UK this year is the upcoming EU referendum. Until June, the nation will be fiercely debating the pros and cons, and rightly so. This is one of the most significant decisions for the UK […]
Australia has a history of using many suppliers from Asia, but countless agencies and companies looking to save money have reported to being burnt, and some really badly. However, Australia is adapting and moving forward at an alarming rate, it’s doing this by targeting highly skilled university students who understand business and the principles behind […]
You’ve just started a new job abroad but how do you communicate? Should you be direct with the Germans but not with the Japanese? Should you avoid first names in Poland but use them in Australia? If an Indonesian asks about your weight are they being friendly or rude? For people doing business abroad, and […]
Posted on 8th April 2016 in International Trade.
Long gone are the days when international trade was just the preserve of big businesses. More small online businesses are expanding into new markets with increasing vigour. This creates a domino effect of job creation across different sectors, from manufacturing and services to procure more products, to logistics and delivery firms shipping more goods. This […]
Posted on 16th March 2016 in International Trade.
As a small to medium sized enterprise (SME), it’s essential that you make the most of the resources that are out there to help you reach your potential. The international standards provided by the International Standards Organisation (ISO) are one such resource that, if you can make use of, can do wonders for your business. […]
Posted on 2nd March 2016 in International Trade.
As a Canadian diplomat responsible for commercial relations between the Province of Ontario and the UK, people often ask me to draw comparisons between the two. To start with, both have enviably ranked global hubs. London is 1st on the Global Financial Centres Index (GFCI) after knocking New York off the top spot for 2015, […]
The UK has around 5.4 million small and medium-sized enterprises (SMEs), just under half of the UK private sector, and these businesses are increasingly looking overseas to improve their prospects. At a time when Britain’s continued membership of the EU is in doubt, SMEs need to ensure they have considered all the challenges of ‘internationalisation’ […]
Posted on 19th February 2016 in International Trade.
Independent retailers based in the UK are missing a trick by not selling internationally. It always surprises me when I meet independent retailers who don’t sell to overseas customers. With the emergence of new technology there really is no reason why not. E-commerce has become a significant part of many business’s strategies, not only because […]
Posted on 12th February 2016 in International Trade.
UK businesses saw a rise of 6% in total payments from Europe during 2015 compared to 2014, while of the top ten export destinations for UK small and medium sized enterprises (SMEs), four fifths were in Europe. This is according to the new Barclays’ Business Abroad Index, which tracked overseas payments made to its business […]
Posted on 9th February 2016 in International Trade.
Data that facilitates personalisation, fashion feedback from thousands on social media and articles that go viral about where our clothes come: the last twenty years has seen some profound changes in the relationship between customer and retailer. The focus must now be on how retailers and manufacturers keep up and engage and build trusted and […]
The rules and regulations relating to how merchants and retailers capture, store, share and process customer and staff data are about to change. It will apply to all EU member states without a need for local legislation. At the start of this year the European Commission unveiled a draft of its European Data Protection Regulation […]
The opportunities offered by global, extended supply eco-systems can help companies uncover new sources of value. But there’s a flip side; their growing complexity means businesses could be vulnerable to a whole host of risks in their quest to deliver value. While you may have your own house in order for managing business risks, and […]
Posted on 8th February 2016 in International Trade.