How to keep your business healthy
According to a recent study by the Enterprise Research Centre (ERC), small and medium-sized businesses in the UK have finally recovered from the recession - jobs, growth and start-up activity are back at pre-2008 levels. This is great news for the British economy. However, some economists warn that the economy is still fragile, so how can you help to ensure your business stays healthy in the long-term? The answer is simple: export.
Being bound to the domestic market alone is risky. Selling abroad can reduce the risk of exposure to fluctuations in local business cycles. By selling to other countries, the risk of a low growth rate in one market will be offset by increased growth in another resulting in a healthy balance of growth overall. It should be said, that it is important to establish your business in the UK market before exporting. Once you have done this, exporting is certainly an option to consider as a way of increasing your sales potential, productivity and profitability.
It doesn’t have to be complicated
Exporting can be as simple as selling your goods or services internationally via your website, or using the services of a distributor who buys your products and then sells them to their customers. Each company has different needs so it is important to understand the factors that affect your business. For this, Eureko can help.
Eureko specialises in helping SMEs to export to Europe’s largest market, Germany. As a consultancy company, our services are economical and tailored to your needs. With over ten years of experience working with companies at all different stages of exporting, we can give you the hands-on help you need to grow your business. For more information on how your business can make the most of export opportunities to stay healthy, contact Eureko.
Posted: 24th June 2015