Businesslink | Sherie Griffiths

September 21, 2009

“Some International Trade Seminars And Resources”

Filed under: Uncategorised — Tags: Business Link, Businesslink, Eei, England International, Extensive Research, Financial Solutions, Global Trade Network, Gov Uk, Gtnetwork, Independent Person, International Trade Resources, International Trade Seminars, International Www, Inward Investment, Network Www, Overseas Businesses, Overseas Markets, Ray Stannard, Signpost, Ukti — sheriegriffiths.com @ 9:46 am

From Ray Stannard of International Trade Financial Solutions
Check out the new website at http://www.inttradefinsolns.co.uk

Below are details of some upcoming seminars which might be of interest to you if you’re looking to move into particular overseas markets, along with links to other more general international trade resources.

Global Trade Network – www.gtnetwork.co.uk – run periodicly, Country specific 1 day seminars. Future ones include Entering Russia [15th Oct] and Entering the European Market [26th Nov]. If you’re looking for new markets, or have identified possibilities, see if they have a seminar coming up. Costs and usually minimal and you also have the chance to set up a stand, for a small additional fee.

East of England International – www.eei-online.com – is part of UKTI and works with any business in the East of England who is looking to export as well as looking to attract overseas businesses/inward investment into the area. Again, they run regular workshops and seminars at minimal cost, often featuring specific regions.

Business Link East – www.businesslink.gov.uk/east – provide free business support advisors to any SME in the area and can be not only a useful independent person to bounce ideas off of, but can also help signpost you to other providers which will allow you to take your business onwards. They also have an extensive research department available.

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“Foreign Exchange Rates”

Filed under: Uncategorised — Tags: Benchmark, Business Link, Business Support, Businesslink, Eei, England International, Extensive Research, Financial Solutions, Foreign Exchange Rates, Free Business, Gov Uk, Independent Person, International Trade Seminars, International Www, Inward Investment, Overseas Businesses, Ray Stannard, Signpost, Sme, Ukti — sheriegriffiths.com @ 9:42 am

From Ray Stannard of International Trade Financial Solutions
Check out the new website at http://www.inttradefinsolns.co.uk

Next: “Some International Trade Seminars and Resources”.

There’s no charge as such when you buy/sell currency; it’s built into the exchange rate. However, it has been reported that some banks especially, have recently tweaked the rates on smaller deals and widened the margin, i.e. they are giving you a worse rate and taking a larger slice of commission for themselves. Almost impossible to prove, but it re-inforces the need for everyone to review their FX provider on a regular basis and ensure that you’re still getting acceptable rates. Benchmark and, if you’re not happy, move to someone who is better. Let me know: I can put you in touch with possible new providers.

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April 15, 2009

International Trade Single Window

The following article is taken from the April newsletter of one of our professional members, International Trade Financial Solutions, who specialize in ‘Minimising Commercial Risks When Trading Abroad’.

Http://www.inttradefinsolns.co.uk
For more information you can also call Ray Stannard on
01708 370838

International Trade Single Window.

Known as ‘ITSW’ for short, it’s a recent development by various parties, including
Business Link, HMRC, UKTI and others. It’s been set up to try to simplify and standardise much of what has been written about international trade. However, what is relatively new is that it looks not only at UK exports, but also imports, so it’s one of the
few Governmental websites that acknowledges the importance importers play in the
overall wheels of commerce. There are various links to it, but a simple Google of
‘ITSW’ will throw up several links on the 1st page. Don’t be put off by the top
link ITSW2009 – International Test Synthesis Workshop – this is something entirely
unrelated!. The Business Link page is probably the most relevant -
http://www.businesslink.gov.uk/internationaltrade

ITSW is essentially a web based information service that allows anyone, regardless
of previous international trade experience, to access basic information to get them
started and also to drill down to specific industries, trade associations, etc.,
as well as looking at tariff duties What’s more, it’s free to interrogate. It doesn’t quite do away with me [phew!] but it can answer many questions that importers
and exporters have and/or allow them to ask more specific questions relevant to their
particular industry/shipment. Currently, it is still being completed – 2011 is the
expected completion date, but don’t let that put you off: there is already a significant
amount of information and links to related pages available.

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