BUCKS businesses is going all around the world
Buckinghamshire Business First recently commissioned the 2016 Buckinghamshire Business Survey and I thought I’d share some of the results with you to see if they tally with your experiences and to give you a glimpse into some thinking within the Buckinghamshire business community.
One of the topics covered by the wide-ranging survey was exports and markets. The survey revealed that:
16% of businesses do no trade at all in Buckinghamshire itself
14% do all of their trade in the county
More than half (56%) of businesses trade with the rest of the UK
Nearly a quarter (24%) of businesses trade with the EU
An equal proportion (24%) of businesses trade with the rest of the world
There is reason to believe that many of Buckinghamshire’s businesses want to go even further with exporting. Another survey question asked whether businesses were looking to increase, decrease or maintain their current levels of exporting. More than a quarter (26%) were looking to increase their activity compared to 6% who were planning to decrease it, while the result of the EU referendum had very little effect on these plans. In fact, when asked what an impending ‘Brexit’ had done to their exporting plans, more businesses had planned to increase in spite of it rather than decrease because of it.
New markets, which are gateways through which businesses can access more customers and increase sales and profits, do not need to be the Chinas or Indias of this world, they could be Birmingham or Manchester. No matter where a business exports and how many sales they make in another county, country or continent, there are organisations ensuring that support is always available to support that business.
On Friday 14 October Buckinghamshire Business First worked with the Department for International Trade (DIT) and Enterprise Europe Network to bring exporting advice to business owners on the DIT Exporting Bus, which parked up outside our offices in Saunderton. This was part of a grand day of free events that also saw the MPs Steve Baker, Cheryl Gillan and David Lidington chair round table discussions with local food and drink businesses on a range of topics, including ‘Brexit’ and exporting.
If your business only trades locally in Buckinghamshire and you want to expand your horizons, or you already export to the world but want to increase these sales, or you’re anywhere in between, help is at hand. Indeed, this is what the Buckinghamshire Business First business support team is made for.
Give them a call on 01494 568941, email BusinessSupport@bbf.uk. com or visit our website (www.bbf. uk.com) for more information.