technology and marketing sectors

Six out of Ten Small Businesses Plan to be Exporting by 2016

Small and mid-sized firms forecast 20% growth in international reach and 28% increase in overseas revenues A report by Citrix and YouGov revealed that over the next two years, there will be a 20% increase in the number of UK small and mid-sized businesses that are exporting (currently 42%), with 28% of companies’ revenue from international sales to increase by 2016. Furthermore, of the businesses that are currently exporting, 72% emphasised the importance that overseas markets will play in their business’ growth, with 42% stating it was ‘very important’ to their company. The report, which featured over 2,000 small and medium-sized firms throughout the UK, highlighted the significance technology and global logistics networks played in reducing the barriers to trade. Of the respondents curre... »