International trade

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11 simple steps to international expansion

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11 simple steps to international expansion

When your product or service is great and you have more or less conquered the local market, the next step for growth is to look at overseas expansion.

For many, the thought of opening a trading entity in a different country or relocating some of their employees may seem a daunting and laborious prospect, and the largest barrier to this growth opportunity is not knowing what to do.

Here is a handy little list of areas you will probably need to consider that will hopefully give you more confidence to take your first step on what could be a very exciting and rewarding journey.

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7 ways to engage more effectively with international buyers

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7 ways to engage more effectively with international buyers

Building relationships is essential to international sales, and an awareness of cultural considerations is hugely important when relocating overseas or selling your products and services into international markets.

What may be acceptable in the UK could deemed as inappropriate, insensitive or even offensive in other cultures, and a little understanding of the culture you are selling into goes a long way.

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Thinking of international growth? 4 tips for getting exports right

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Thinking of international growth? 4 tips for getting exports right

Often with exporting, it’s the first step which proves the greatest hurdle. Unlike many other countries, UK businesses can be apathetic towards exporting. A recent YouGov poll revealed that well over half the sample of British businesses traded solely within the UK, 90 percent of those respondents have no ambition of pushing their produce overseas.

Exporting can be a daunting task, but for UK manufacturers there is a realm of opportunity in international trade expansion. Here are some tips for would-be manufacturing exporters.

6 essential tips for doing business internationally

6 essential tips for doing business internationally

Most businesses today, especially those in the digital field, try to take advantage of how small the world has become thanks to technology and the internet.

This could mean relocating employees or hiring overseas, serving clients abroad, and/or partnering with companies anywhere in the world.

Here are six great tips that will serve you well when doing business internationally: