Empowering SMEs in Internalional Trade
Sustainable Global Trade
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Overview
Expanding your business overseas is a thrilling prospect with a potentially huge pay off, and it needn’t be the “big and scary” move you imagine.
Drawing on international trade and market research experience accumulated over some 20 years, we can work alongside you offering honest and constructive feedback throughout each step of your journey. We can provide fresh insight and new perspectives, whilst also sharing useful contacts and passing on invaluable knowledge and expertise.
- Develop your international markets in a controlled and cost-effective manner
- Keep you informed of legal and regulatory changes affecting the target market
- Analyse new business potential and promotional opportunities
- Implement an International trade strategy consistent with overall aims and requirements of your business
What can i expect?
We are 100% flexible and outcome-focused, it is all about what works best for you and your company. We can engage with you in whichever manner promises to deliver the greatest reward to your business; that could be managing your entire new market launch from research through to market entry; or undertaking key activities to help bolster your resource and speed things along; or simply being there for you in a mentoring capacity to help facilitate a smooth and successful project. Below you will see a list of the kind of export services we provide.
What we can help you with
Which market? When? To what scale? Your expansion overseas or global sourcing strategy should be given at least the same focus, time, and detailed planning as any new business venture, some would argue it warrants even more.
Detailed market research is an essential component of a robust and successful, global strategy and plan. We have access to and utilise a broad range of methods to deliver comprehensive analysis of potential markets and their suitability for our clients.
We undertake what we call regulatory/legal studies or assessments that essentially sees us analysing the regulation that applies to your goods in a certain market(s) and advising what needs to be in place to legally ship them and place them on the target market.
Most if not all companies engaged in global trade will be required to establish and manage relationships with overseas entities, be they suppliers, distributers, fulfilment houses, local professional services companies, etc.
Both the nature of your product or service and its associated regulation in the export market will dictate the level of adaptation it requires before it can be legally placed on that market.
An overseas market launch, executed well, can be a little stressful and time consuming. There are always several concurrent activities underway when preparing for market launch, some strategic but many operational; these can quickly overwhelm teams and leave them feeling like they’re making little progress.
We are always delighted to support early-stage businesses because we love the fact that they are already ‘thinking global’ from inception and ensuring that their product and brand development continuously supports this ambition.
Register interest (contact form)
Get FREE 1 hour sessions to discuss your export ambitions and receive expert advice and insight on how to get started.
The Empowering SMEs in International Trade support programme is a package of 1:1, workshop, and peer support for businesses across the East Midlands, fully funded by the East Midlands Growth Hubs: Business Gateway, D2N2 and Business Lincolnshire.
This support is open to all businesses across the East Midlands who either currently trade internationally or are planning to start; be they novice or experienced importers/exporters across both goods and services-based industries.
Core modules of the programme include:
- Dedicated 1:1 support via International Trade Clinics (up to 2 hours support) and International Trade Deep Dive Sessions (up to 6 hours support)
- International Trader Peer Support Sessions (up to 6 sessions of 2 hours) for cohorts of up to 10 delegates
- Export Manager Programme (up to 30 hours) hands on, operational support from a dedicated Export Manager to help deliver against exporting targets and objectives
Support covers a wide range of topics including but not limited to the subjects below.
- Trading with the EU post Brexit (covering documentation, regulation, compliance, tariffs, licensing, etc)
- Trade compliance
- Trade facilitation (looking at trading opportunities for businesses
- Commodity code analysis
- Customs warehousing
- Transit procedures
- Customs special procedures
- Rules of Origin
- Valuation for Customs purposes
- Evidencing Proof of Export
- Authorised Economic Operator
- Letter of Credit Management and other financial safeguards
- Effective trade finance; Incoterms
- And much more
Whether you are an exporter looking to expand your brand further overseas or a UK company looking to add resilience to your supply chain by exploring overseas providers; this programme will be invaluable in increasing your knowledge, limiting your risk, and ensuring success when dealing with international markets.
To book 1:1, peer sessions and webinars, go to the programme’s Eventbrite page: https://www.eventbrite.co.uk/o/empowering-smes-in-international-trade-programme-34071854063
