SMEs spend a large amount of their time managing their cashflow and when it comes to exporting, there are a whole new range of financial considerations. We know that SMEs often have specific financing needs and may require funding support to compete in international markets or to fund export-related supply chain contracts.
Managing export risks
What any exporter or business involved in an export-related contract will quickly discover is that there are a number of risks involved with exporting or participating in an export supply chain. When entering a new market, there are new risks to be aware of which can fundamentally affect your business. Identifying and managing those risks can help minimise their impact.