One Fifth of Small Businesses See Exports as Biggest Source of Growth

Survey reveals exports make up at least 10% of sales for over half of small businesses with a fifth stating overseas sales account for over half of total transactions An independent survey commissioned by financial and business software provider Exact reveals 19% of UK small businesses see exporting as the biggest potential source of growth. The study, which consisted of 453 small and mid-sized businesses, revealed that 68% of small and mid-sized businesses watched exports grow last year, and 54% are now currently selling products or services abroad. The report comes in light of businesses stating that they are generally optimistic about growth this year. Exporting proves to be a growing source of revenue for small and mid-sized businesses, with overseas sales now amounting to at least 10%... »