This October we hosted the Lancashire Business View Export Summit, a part of the Insight Series. The meeting was attended by many businesses throughout Lancashire who are exporters to discuss the challenges and uncertainty of Brexit with export advisors.
The experts
Miranda Barker, Chief Executive – East Lancashire Chamber of Commerce
Stephen Greenwood, Partner – Farleys Solicitors
Steve Hall, Founder and Managing Director – Mint Business Travel
Anthony Steiner, Partner – Audit, tax and consulting firm RSM
Attended by our International Sales Manager Michael Blakey
“As a British manufacturer it was a great pleasure to host the LBV Export Summit, especially at a time when exporting products is so important to the UK. We all found commonalities in the discussions and concerns raised regarding Brexit and it was especially helpful to receive different points of view on how best to tackle export in a post-Brexit market.
What More UK prides it’s self on producing quality products and we aim to increase our export total to 80 countries in 2019. Our customers buy into the quality of our products, but the challenge is continuing with that quality whilst retaining prices. The importance of featuring the Made in Britain icon has become increasingly important to us and our customers, especially those outside Europe who demand it to reflect the countries reputation for reliable service and quality products.”
Points of discussion
- The challenges we are face buying with materials from Europe, the risk of customers looking elsewhere and Chinese manufacturers copying equipment and products.
- The importance of flying the ‘Made in Britain’ flag and what it means to export customers.
- Reputation for quality
- Dependable manufacturing and customer services that don’t let customers down.
- Especially recognised in USA, Australia, South Africa, UEA and the Middle East.
- How we adapt and evolve to benefit from new circumstances.
- Encouraging British companies who currently aren’t exporting.
- Putting plans in place to prepare for payments, exchange rate migration and cash flow.
Advice
- Take advise from the DIT and the Chamber of Commerce who’s advice is funded by the government and is easy to access.
- Regularly look at your terms and conditions.
To read the full article get a copy of Lancashire Business Review today, packed full of advice on the hot topic that is Brexit. Nov issue: BUY
