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Today’s FedEx top tip: Consider entering international markets

The UK population represents 0.88% of the globe, so there’s literally a world of opportunity for your business. While there is a certain amount of investment needed, beginning your exporting adventure can be achieved with a reasonably small budget. Flying to your desired international market and conducting your own research into your target customers, competitors and price point is effective and allows you to channel costs into other areas.

Once you commence your exporting adventure, it’s advisable to budget for customs and duty charges, the cost of using a reliable logistics service and planning for currency fluctuations.

Using a trustworthy set of services and networks is paramount so your supply chain runs smoothly. For example your logistics provider should be able to offer advice on how to enter markets while providing a tailored service – helping your business to grow in the UK and overseas.

To help give your business a boost, enter the FedEx Small Business Grant Contest. For more information, click here uk.grant.fedex.com/.

This was posted in Bdaily's Members' News section by FedEx .