A report published last month has cast serious doubt on how Brexit-ready a key government body is. According to MPs from the Public Accounts Committee, The Department for Business, Energy and Industrial Strategy (BEIS) has made ‘virtually no attempt’ to prioritise ahead of Britain leaving the EU as it moves from a state of planning
Annual Nigeria exports goods reached $40bn in value according to the Nigerian Export Promotion Council (NEPC). That’s the figure of informally traded goods though, calculated by the International Trade Centre in Geneva, with the Nigerian Association of Chambers of Commerce, Industry Mines and Agriculture (NACCIMA) posting the value of trade at $8bn. CEO of the
At some point during exporting and doing business overseas, you’re going to have to face and overcome issues that arise from managing multiple currencies whilst selling abroad. The good news is that, unlike market-leading conglomerates around the world, you needn’t start hiring Forex traders left, right and centre. Here are three ways in which you can
The Institute of Directors has reiterated the importance of agreeing trade deals within the EU following Brexit, ahead of focusing on forging agreements further afield. The warning was issued to the government by the IoD as international trade secretary, Liam Fox, looks to strike more trade deals with the rest of the world – a
You’ve established your product or service, tested the waters in local markets, proved a concept, gained market position and the profit is rolling in. The next stage of growth for many companies would be to begin laying the foundations to begin exporting and trading abroad. But to really launch a product in a different territory,
As businesses grow, it’s natural to begin looking abroad to new potential markets. Likely the bigger economies are the first port of call, with the likes of the US, Asia and open European market big draws. But sometimes, bigger isn’t always better when looking to take those first exporting steps, for reasons ranging from technical