International trade opens many great opportunities for ambitious UK SMEs. Whether looking to export brilliant products or services, or import specialist items for the UK high street – there is much success to be had by strategically casting a business eye abroad.
Increased consumer demand for exotically sourced products, such as world-renowned coffee beans and colourful spices, is making trading in emerging markets an attractive option for many businesses.
Kevin Grant, managing director of corporate international payments at Moneycorp, discusses how the pound’s exchange rate can impact importing and exporting businesses.
Kevin Grant, managing director of corporate international payments at Moneycorp advises SMEs on how to protect business revenues from currency fluctuations.
In this RB series, managing director of International Payments Kevin Grant, a corporate international payments at foreign exchange specialist, advises UK SMEs preparing to export. This will be the first of five.