11 September 2015 12:00
Export help is on hand for Somerset businesses
While access to finance is reportedly the biggest barrier to export for would-be exporters, as highlighted in the British Chambers of Commerce 2015 International Trade Survey, businesses that trade overseas tend to have a broad range of queries.
However, help is on hand for Somerset businesses thanks to the upcoming International Trade Question Time event on 17 September.
Organised by the Somerset Chamber of Commerce in partnership with Francis Clark LLP, Barclays and UKTI, the event will be hosted by a panel of experienced, high profile speakers who will provide insight into how they have grown their businesses through international sales, as well as sharing tips for success. Delegates will be able to pose questions to the panel on issues relating to international trade, including advice on accessing trade finance or credit insurance from lenders. Taking place at Brown and Forrest in Hambridge near Langport, the event is free of charge and open to all.
Martin Lock, Partner at Francis Clark, said,
“There is little doubt that trading overseas and having the opportunity to attract new customers in new markets offers huge potential for growth. However, the results of the BCC survey show that despite these opportunities, it is clear that there are a number of significant challenges to face in looking to expand trading activities beyond the domestic marketplace.
“The potential to benefit from international trade is enormous, but it is imperative that those businesses looking to trade overseas fully understand the challenges before committing so that costly mistakes can be avoided, and the benefits maximised. Even before taking the first steps into foreign markets, obtaining a firm understanding of the issues involved is absolutely fundamental. That’s where engaging with the Somerset Chamber can make a huge difference – such as with the upcoming International Trade Question Time event, which offers a perfect platform to seek advice and insight from knowledgeable exporters with first-hand experience.”
The Somerset Chamber of Commerce helps businesses interested in trading overseas to access appropriate support by organising international trade focused events and workshops; offering an export documentation service; signposting to organisations that can assist with the overseas red tape, financing, legal and tax issues that might arise; and organising foreign trade delegations to explore possible new markets.
Linda Middleton-Jones, Business Services Manager at the Somerset Chamber, added,
“Although the British Chambers’ International Trade Survey does highlight access to finance as one of the key obstacles to export, there are many different areas where businesses trading internationally or thinking about exporting are likely to have questions. As part of the Chamber’s focus on helping businesses to export, we have a number of events coming up that have been organised to address common questions and concerns relating to overseas trade.”
Businesses interested in the International Trade Question Time event should visit www.somerset-chamber.co.uk/events for further details or contact Ruth Warren on firstname.lastname@example.org to register. Other upcoming international trade events and workshops organised by the Somerset Chamber include ‘Developing an International Marketing Plan’ on 23 September and ‘Managing Export Risk’ in December.
The Somerset Chamber of Commerce is one of only five accredited Chambers in the South West and 52 in the whole of the UK. It works closely with the British Chambers of Commerce to make sure Somerset businesses stay well connected at both a local and national level, and that the voices of the Somerset business community are heard at all levels of government.