Confidence in the ability of SMEs willing to export has increased in 2018 to 5%. It was 3% in 2017. Over 400,000 businesses in the UK are ripe for export and could export
but they don’t. Andy Moylan, Founder of The Export Hub believes this is due to a number of factors including the difficulties in apply for and raising funding and knowing what it takes to take a successful product in the UK and export it overseas. Local intelligence and marketing know how is crucial. As is the understanding at a practical level the way in which products are distributed in the new territories and the margins involved at each touch point.