3. Exporting: is it for you?
What is the Department for International Trade?
What is the role of an International Trade Adviser?
The benefits and considerations of exporting
Your next steps
Questions & Answers

4. What is the Department for International Trade?
Government Department responsible for promoting British trade across the world
Developing, new trade and investment policy and trade agreements
Providing support for exports and facilitating inward and outward investment
Presence in more than 100 countries

5. What is an International Trade Adviser?
ITA = International Trade Adviser
Professional advice to help win business overseas
develop export strategy
advise and educate
highlight specific services
Specialists : Digital Trade Adviser
: Sector Specialists
: China Adviser

6. Department for International Trade – East Midlands
Benefits & key considerations
Benefits
Considerations

7. Department for International Trade – East Midlands
Review of the benefits of exporting
Increased sales
Keep ahead
of the competition
Smooth out seasonality
Spread the risk
Utilise spare capacity
Access bigger markets
The rest of the world = 95%
Increased profitability
Cultural development
Extending product life cycle

8. Department for International Trade – East Midlands
Key considerations
Where to start?
How to enter a market?
VAT/Taxes/Duties
Regulations/ paperwork
Logistics
Product fit
Language & culture
How much time will it take?
Having the right people
Ensuring there is sufficient finance

9. Department for International Trade – East Midlands
Next Steps
– Export Opportunities, Doing Business in …..
Masterclasses
International Trade Adviser – assess your readiness or develop your export strategy

10. Recap on agenda – you know who we are and that we can help you
Recap on agenda – you know who we are and that we can help you. Hopefully now more aware of the benefits and considerations. We have also explored where you are currently vis a vis your readiness to export and what areas you may need to focus on.
Thank them for attending and advise you will be around afterwards if anyone wanted to speak to either of you.