How has Brexit affected small business exports?

  • by Carole Jordan
  • 05 Sep, 2016
Since the EU referendum the drop in the value of the pound is devastating for businesses buying their goods and services in dollars and euros.

Are you ready to start exporting?

Margins are being eroded in the short term and prices will need to be increased in the longer term if GBP does not recover.  But for those who sell their products and services overseas, the value they are receiving in dollars and euros is giving them a higher income on their sales. 

Should you consider overseas sales to maintain or increase your business income?

Many of our clients have been selling overseas for some time, the internet makes this easier than before and (relatively) cheap and easy travel means, if necessary, you can physically be elsewhere. If you have expertise which is valued here, it is equally likely to be valued overseas, possibly more so.

But, it’s a challenge and requires focus and a strategy, like any other business development.

One of our clients,  Blue Eyed Sun, who design and hand make greetings cards here in Sussex  won the Queens Award for International Trade this year. Here’s what the Managing Director and co-owner, Jeremy Corner had to say about their experience of exporting.

If you want advice on how to grow your business in the current market then please get in touch. You can call us on: 01273 882200 or email as at: info@businessheads.co.uk

All details above were correct at the time of publishing - for more up to date information please get in touch .

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