Import & Export Archives - Pay4
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Import & Export

The average UK importer has ten overseas suppliers and purchases goods from five countries. Importing can be a vital part of driving both efficiency and growth for many businesses. However, trading internationally can require significant financial investment. Added costs in transport, insurance, import duty and taxes, as well as funding...

The UK’s small businesses need to embrace exporting. According to World First, the typical UK SME exporter generates over £287,000 from exports each year. Yet less than a fifth of UK SMEs currently export. In our latest video, Tim Marshall, Chief Operating Officer and Risk Director for Pay4 offers a...

If you’re thinking of boosting exports or just starting out in international trade you should know that exporting your goods or services brings a range of benefits for business, at both the micro and macro levels. Exporters are generally more productive, innovative, and resilient to shocks, and data suggests that...

Pursuing international markets provides huge opportunity for growth for UK businesses. However, with it comes a certain amount of risk - although this can be offset by developing a comprehensive research and development strategy. Here we look at the benefits of international trade, what businesses must consider and also some tips...