The latest International Trade Survey undertaken in Q1 2014, received responses from 4,742 businesses. In this publication we explore what is holding back businesses from ‘Going Global’ and what the British Chambers are doing to help businesses succeed in ‘Going Global’.
Despite the barriers to business growth present here in the UK, domestic business is deemed far simpler than international business. Competition in the market and lack of confidence in the economy are the biggest barriers faced by businesses wishing to expand domestically. However, these are also the reasons why businesses decide to go global. With benefits such as more customers, growth potential and a large market on offer it’s easy to see why operating globally makes sense for many businesses. Despite these opportunities, the British Chambers of Commerce (BCC) business tradesurvey shows that a number of challenges remain.
Download the Overcoming barriers to exporting infographic