Export can be a lucrative business venture, but in the midst of new processes and regulations, it’s easy to fall foul to some of these common mistakes.
The British Chambers of Commerce (BCC), in partnership with DHL, today publishes its latest Quarterly International Trade Outlook, which shows that while many exporters continue to put in a solid performance, wider economic factors are a cause of concern.
- BCC publishes the results of its international trade survey highlighting the untapped potential of service sector exporters in rebalancing the UK economy
- The BCC calls for action to tackle language, regulatory and funding barriers to encourage potential exporters to take their first step towards doing business overseas
- John Longworth: ‘If we can convert this untapped export potential into a reality, this could go a long way towards eliminating the overall trade deficit and rebalancing the economy.’
Today (Monday) marks the start of national Export Week, designed to celebrate the exporting successes achieved by UK firms, and to encourage more businesses to take their first step towards ‘going global’. Chambers of Commerce are the largest private sector providers of international trade services in the UK, and are committed to helping businesses find new markets and trade the world.
- Manufacturing output in August 2013 was -1.2% on the month, -0.2% on the year
- In the three months to August 2013, manufacturing output rose by 1.2% compared with the previous three months
- The UK deficit on trade in goods and services was £3.3bn in August, compared with a deficit of £3.4bn in July
- There was a deficit of £9.6bn on goods, partly offset by an surplus of £6.3bn on services
The BCC's International Trade Conference, on the 17th October 2013 at Central Westminster Hall, London, will bring together 500 high growth exporters, SMEs, business leaders and leading policy makers. This unique event will provide an opportunity to hear from experienced exporters as they share their expertise on how to build a successful global brand, enter new market and access finance along with other topical themes surrounding the export agenda.
A survey of more than 4,500 businesses released today by the British Chambers of Commerce (BCC) shows that the number of exporting firms continues to increase. The survey also shows that those who ‘think global’, either because they have previously worked abroad or they collaborate with international partners in business, are far more likely to export than those with little international experience.
Bedfordshire Chamber of Commerce has welcomed the findings of a review into stimulating UK growth by Lord Heseltine. Lord Heseltine conducted a wide ranging review of activities and recommended increased use of the capacity, skills and experience of Chambers of Commerce.
Economic developments in the eurozone is top of the list of issues businessowners believe will affect their firm this year and next, according to a poll of almost 2,000 firms released today by the British Chambers of Commerce (BCC). Over half (52%) of firms believe that the eurozone crisis will have a significant influence on their business in 2012 and 2013, followed closely by cuts to UK public sector budgets (46% of businesses), and access to finance (42% of businesses).