Partner Article

Small firms miss out on exports too easily

Small firms in the North East are ruling themselves out of export markets because they believe the barriers to be too great, new research has found.

Some 43% of non-exporters believed their overseas trading would increase revenues with a year, with 46% of these saying it would boost revenues by 10%.

But 84% of these firms had no plans to look at foreign trading opportunities because of perceived barriers.

The survey of 513 executives was carried out for Parcelforce.

Executives from both exporters and non-exporters were reportedly interviewed, and the survey strongly suggests that small firms’ fears about trading abroad are unfounded.

This was posted in Bdaily's Members' News section by Ruth Mitchell .