Exporting with your Business – a Beginners Guide

Exporting goods is a proudly British tradition. With hundreds of years of trading under our belts, there’s something quintessential about goods and products spreading from the UK to the rest of the world.

But there is more to it than upholding a proud tradition: there are plenty of benefits to taking your business global. Not only are you opening your pool of potential customers to more than our small island, but also to greater profits while insulating yourself from the risks and challenges that any company faces when putting all your eggs in one basket.

According to UK Government Initiative Exporting is Great, there are further advantages to expanding worldwide, such as:

  1. Faster growth
    1. Selling internationally as well as in the UK can help your business grow at a faster rate
  2. More innovation
    1. Working in more than one country drives new ideas and innovation ensuring you stay ahead of the competition in your home market.

For more information on the benefits of exporting, be sure to visit Exporting is Great.

Where should I export?

There are a few things to keep in mind when choosing your shipping destination. It’s important to pick the right place for your product, so there are several factors that you will need to research; alongside the customs regulations of your destination of choice, you will need to assess the strengths, weaknesses, opportunities and targets that are also a part of your target market.

By making sure that you understand the reasons to be targeting your destination of choice, you can decide whether or not it is worth braving the rules and regulations around shipping to that country. Like the state of the market for your goods, the ease of import for a country varies according to the goods you are sending, the origins of those goods, and the regulations of the target country.

Because the duties and taxes that may be applied to your shipments, the customs rules should be a key factor in deciding where to export your goods to. Shipping textiles to the USA, for example, is more difficult and time consuming than shipping elsewhere, which may mean that you choose not to target America for your budding clothing brand.

You can find out more information about the customs regulations of your target country, visit that country page on ParcelHero. For more details on choosing the right country for your company, be sure to check out Exporting is Great.

How do I export?

Sending goods abroad is as simple as 1, 2, 3 – plus a few extra steps. As long as you make sure you have properly followed each step, you should have few problems in ensuring that your goods arrive safely and in good time.

Step 1 – Pick the right box

It’s important to use a new box for every shipment. Although second hand boxes appear sturdy, there could be hidden weakness that can lead to your box being crushed or bursting. To ensure your package arrives on time, use a new, double corrugated cardboard box.

Step 2 – Get the paperwork right

Properly filling in your customs paperwork is vital to shipping internationally. As an EU member nation, shipments from the UK to the EU do not currently require full paperwork, but if you are shipping to a destination outside the EU, you will require a full manifest.

Step 3 – Package properly

International shipping is not a gentle process, and your parcel will be handled by multiple people throughout the journey. To ensure that your goods are not damaged, it’s important to make sure that your goods are properly packaged. Use plenty of packaging material, and ensure that no part of your goods are touching the walls of the box. Make sure to use strong packaging tape to seal your box.

Step 4 – Stay available for collection

When shipping with a courier, you will need to be available when your courier arrives to collect your parcel. If you are not available when your courier arrives, you parcel will not be collected, and your delivery may be delayed.

Step 5 – Ensure delivery is made

If you’d like to be sure that your parcel has arrived at its destination, it’s best to order signed-for delivery. If that’s the case, delivery will not be made unless a signature can be obtained, and you will be able to view the signature if there are problems once delivery has been made.

There are some common mistakes that you should steer clear of, however. If you are not specific when filling in your customs forms, for example, there may be delays in clearing customs. Similarly, if you do not accurately declare the nature and value of your goods, the wrong duties and fees may be applied to your goods.

You should also be sure to book your shipments in good time, as delaying this could lead to delays in the shipment of your goods.

And for more information on this, and any other challenges facing you when exporting, be sure to visit Exporting is Great for a detailed glimpse of the challenges and solutions for exporting from the UK.

Why Not Read...