Small Business News | Exporting – A New SME Growth Area?

A new Lloyds TSB Commercial study says only 33 percent of regional SMEs export, despite the fact over 80 percent (88%) of those that do have reported growth in foreign markets in the last 12 months.

The survey goes on to reveal 69% of exporters say exports now account for more than 20% of their turnover, yet only 9% of non-exporters planned to export – concerns over late payments, a lack of resources and currency fluctuations being the main issues.

For the full story, please visit the NE Business website.

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