Making it happen abroad: entrepreneurs discussing challenges of exporting

Despite ongoing economic uncertainty in the UK thanks to Brexit, businesses are still harbouring ambitions of global expansion: exporting can diversify revenue and reduce risk.

Research published in the wake of the EU referendum found that small businesses were optimistic about entering new international markets and less so about domestic growth. Almost half – 47.8 per cent – of more than 1,000 businesses surveyed by East & Partners on behalf of Western Union Business Solutions, believed that their international trade would grow, while less than six per cent thought it’d deteriorate. Only 39.3 per cent were expecting growth in domestic trade activity.


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