If your product sells at home, there’s no reason it won’t be a success overseas
Despite a growing appetite for exporting among UK micro businesses, finding new customers in overseas markets remains the greatest barrier to trading internationally.
To help entrepreneurs expand their business through exporting, Business Advice wants to hear the success stories of Britain’s small exporters and also tap into the knowledge of experts.
We sat down the managing director a firm specialising in small business exports to find out what entrepreneurs need to know before looking for new markets overseas.
Name: Geoff Runcie
Business: Edge CTP, by Morgan Goodwin
Website😕www.edgectp.com/Number of employees: Four
Export markets: We don’t deal in specific markets, but are instead focused on helping UK SMEs with their exporting requirements
In one sentence:edge CTP simplifies and reduces the cost of international trading for UK SMEs by combining disparate systems working at different stages were doing to international trade, what the iPhone did to multimedia communications.
Describe your business model
Today, there are huge inefficiencies for businesses when it comes to international trade with systems that have been patched together over time as technology has evolved. Our business brings everything needed for international trade together all under one roof one application.
From trading documents to on-line certification, which we offer for free, through to paid for subscription services that manage workflow, stock process, customer information and logistics.
Why do you export and what’s the impact on your business?
Praseeda Nair is the editorial director of Business Advice, and its sister publication for growing businesses, Real Business. She's an impassioned advocate for women in leadership, and likes to profile business owners, advisors and experts in the field of entrepreneurship and management.
Writing for Business Advice, Jeremy Cook, chief economist at payment platform WorldFirst, helps small high street retailers grasp online exporting opportunities and establish themselves internationally. more»