The type of referral network we have is built around our profile of members, sponsors, membership, government and other bodies.
Your bank can provide a range of help on topics such as managing foreign transactions, trading overseas in sterling, owning assets abroad, exchange rates and managing foreign exchange risks. For more detailed financial advice and guidance on issues that affect you, you should talk to the international section of your bank.
Your accountant can provide you with a range of advice, from starting a business, organising your financial affairs, financial management and taxation. You should also be aware that the Institute for Accountants in England and Wales (ICAEW) has just launched a new scheme: small businesses across the UK are being offered free expert advice from ICAEW Chartered Accountants as part of an initiative called the Business Advice Service(BAS). It aims to help small companies and start-ups with business and financial advice to help economic growth. Small businesses can find details of ICAEW chartered accountants in their local area at www.businessadviceservice.com
Lawyers will also be able to help you. Similar to the ICAEW’s BAS, the Law Society has many members which offer a service for SMEs. ‘Lawyers For Your Business’ is a network of 1,000 solicitor firms in England and Wales offering specialist advice and a free half-hour initial consultation to small and medium-sized businesses. Advice can be sought on a range of legal issues – both domestic and international.
In 2012 the Law Society will also be working with its solicitor members to produce practical ‘Doing international business’ guides aimed at SME firms new to exporting their products and services internationally.
The guides will look at some of the fundamental legal issues which SMEs need to consider when working internationally. Topics being covered will include:
international employment issues
For more information visit the Law Society’s website at www.lawsociety.org.uk
Guides will be available as publications and also webinars will be promoted through our newsletters.
A Notary Public
A Notary is an internationally recognised lawyer who can offer independent certification of a variety of international trade documentation. For more information or to find a Notary you can visit the Notaries Society website at: www.thenotariessociety.org.uk
Institutes and Bodies:
The Institute of Export (IOE) provides a range of advice, information and training for potential and existing exporters. The Institute’s mission is to enhance the export performance of the UK by setting and raising professional standards in international trade management and export practice. They achieve this by the provision of education and training programmes. The IOE offers recognised formal qualifications in international trade. It also runs a series of short training courses covering every aspect of international trade management, sales and marketing, logistics and documentary requirements, and international trade finance. For more information visit the IOE website at: www.export.org.uk
Tel: (01733) 404400(01733) 404400
British Chambers of Commerce (BCC)
The BCC, and its network of affiliated Chambers, support and advise businesses in all areas of international trade. With a worldwide network of bilateral and international chambers of commerce, the BCC can provide UK exporters with numerous services including: export documentation, market research, training, translation services and letters of credit. For more information visit the BCC’s website at: www.britishchambers.org.uk
Export Control Organisation (ECO)
Any item exported from the UK that is subject to export control needs a licence. The ECO is responsible for assessing and issuing (or refusing) export licences for a wide range of controlled, so-called ‘strategic’ goods. This includes military and dual-use items. For more information visit www.bis.gov.uk/exportcontrol
The ECO’s Helpline is on hand for general queries about strategic export licensing.
Tel:020 7215 4594020 7215 4594
Intellectual Property Office
Intellectual property rights can allow you to own things you create, in a similar way to owning physical property. You can control the use of your IP, and use it to gain reward. IP rights only give protection in the country where they are registered, so if you are thinking of trading internationally, then you should consider registering your IP rights abroad. The UK’s Intellectual Property Office (UKIPO) can provide guidance: www.intellectual-property.gov.uk
International Intellectual Property Helpdesks
The following helpdesks are funded by the EU and offer services in English, including advice, materials and training:
EU IPR Helpdesk – www.iprhelpdesk.eu
China IPR Helpdesk – www.china-iprhelpdesk.eu
Asean IPR Helpdesk – www.asean-iprhelpdesk.eu
HM Revenue & Customs
HM Revenue & Customs (HMRC) provides assistance on a number of matters relating to the importing and exporting of goods. Information and guides are available covering topics such as the classification of goods, the European Union, Relief Procedures on Duty and VAT, Tariffs and Duties, Intrastate and the requirement to submit Supplementary Declarations, together with basic guides on export licences, export taxes, import licences, rates of exchange, etc. For more information visit: www.hmrc.gov.uk
Enterprise Europe Network
Enterprise Europe Network is your first port of call to find out about trading with and in European markets. Made of 600 partner organisations in more than 40 countries, and supported by the European Commission, the network’s aim is to promote competitiveness and innovation at local level in Europe and beyond. Within the UK and Ireland, 11 consortia of 31 business development organisations can help you take your business to Europe by:
Providing free business advice and support
Organising networking events
Keeping you up-to-date with bulletins and briefings
Sharing innovation expertise
Helping you work out how to protect and make the most of your company’s ideas and technologies
Guidance on accessing European funding
Feeding back your business issues to the policy-makers
Promoting your innovation across Europe
Helping you find business/research partners, including overseas manufacturers
Alerting you to the latest partnering opportunities
Providing access to a database of European businesses
Providing access to a database of European technology profiles.
For more information and contact points in your region, visit www.enterprise-europe.net
Bilateral Business Councils
Bilateral Business Councils promote trade between countries. They are particularly useful at the planning & research stage of exporting, as they can provide detailed information on a specific market, including sector performance and consumer behaviour.
Whatever sector you are in, you will find support and information relating to your business from trade associations. Many offer an international scope and are therefore a great resource for anyone considering exporting. You can find your sector’s trade association using an internet search engine or online directory.
The Gov.UK website provides the information, advice and support needed to start, maintain and grow a business (www.gov.uk/browse/business). It provides information and advice to help customers make the most of their opportunities. For SMEs thinking about exporting goods to countries outside the EU or send them to another EU country visit www.gov.uk/starting-to-export. A Business Link Helpline is also available to provide help and advice with business related queries for those who are unable to access/use the internet or unable to find the information they need on the web (Tel: 0845 600 9006 – 9.00am – 6.00pm Monday to Friday).
One of the other things you\’ll need to think about is how to move your goods overseas. Much will depend on the nature of your goods and their destination and you will need to evaluate the best combination of time and cost with the characteristics of your product. There are various methods of shipping goods: by air, road, sea, or rail. Some companies offer multi-modal solutions; this means that they offer more than one service. For more information about freight forwarding please contact the British International Freight Association at www.bifa.org
Export Control Organisation
Part of Department for Business, Innovation and Skills (BIS), advises businesses on licences to export specific categories of 'controlled' goods.
Tel: (020) 7215 4594(020) 7215 4594
The National Centre for Languages (CILT) promotes language training in the UK. It provides details of training and professional requirements, as well as guidance on translation services.
Tel: 0845 612 58850845 612 5885
Intellect is the voice of the UK’s technology industry.
Intellect believes that a vibrant and successful technology sector is vital to the long term economic well-being of the country. Its business services help companies of all sizes compete and innovate in a dynamic global market. It represents the views of industry to government and regulators and also provides opportunities for government and regulators to interact with industry on key policy and market issues. Its work focuses on three themes:
• to make the UK good for tech
• to make tech good for UK PLC
• to make tech good for UK people
Intellect’s comprehensive portfolio of services deliver real business value to member companies and the people who work in them. It provides insight into markets, an authoritative and trusted voice to government, shares insights and encourages best practice. Members enjoy unique networking opportunities helping them to forge business relationships and gain an understanding of policy issues. Intellect promotes the development of a good skills base in the UK as a key element of ensuring a thriving technology sector which creates employment and wealth.www.intellectuk.org
Bexa Complete Guide to Export Compliance - The British Exporters Association (BExA) is an independent trade association representing all sectors of the export community.
Tel: (020) 7222 5419(020) 7222 5419
GrowthAccelerator is a premium service that helps England’s brightest growing businesses achieve their ambitions with rapid, sustainable growth. GrowthAccelerator’s network of world-class growth experts work side by side with leaders of high-growth potential SMEs to provide them with the know-how and ability to achieve sustainable growth. The service helps discover the real issues that could be holding businesses back, define the right growth plan and open doors to world class business experts and networks.
To find out more visit www.growthaccelerator.com or find some great case studies at www.youtube.com/user/GrowthAccel