The Business Exchange Swindon & Wiltshire Edition 30: April/May 2017 | Page 25

EXPORTING By Fiona Scott, Features Editor EXPORTING - Do your research and seek advice. Exporting can be a fantastic way to grow and develop a strong, sustainable business and Wiltshire has many examples of companies trying to do just that. With much uncertainty in the business community as the UK enters negotiations to leave the EU, any positive news around exporting (or anything else in business) is to be welcomed. Currently in Europe our most successful market is Germany which is second only to the USA on a global scale. In a recent speech at a conference in Berlin (March) the Secretary of State for International Trade Dr Liam Fox said: “The United Kingdom may have voted to leave the European Union, but we will never leave Europe. Our partners across the continent will remain among our closest friends and allies in commerce and in security. We want to realise a new relationship with Europe based upon open trade and mutual prosperity.” A vision we must all hope for – whatever we personally feel about Brexit. Another highlight around exporting and trade in March was the inaugural meeting between the trade ministers of The Commonwealth in London to explore ways in which there can be increased collaboration on trade. This could be good news as latest figures show intra-Commonwealth trade has grown faster than the global average over the past decade. and is projected to be worth around $1 trillion a year by 2020. According to the International Monetary Fund (IMF), Commonwealth countries whose imports of goods and services are likely to grow fastest over the next five years are Mozambique, Bangladesh, India, Brunei, Ghana and Sierra Leone. But how are companies that export from Wiltshire doing against a climate of uncertainty and change? ELEMENTS FOR LIFE Founded by Dan and Paula Knowlson, Elements for Life specialises in raw chocolate products. The business was created in 2010 after a chance remark by Paula about creating a raw chocolate kit – raw choc olate had been important in their lives as both of them believe in good nutrition. These products are free from dairy, gluten, soya and refined sugars. Within a few years the business had outgrown their home and they moved into a purpose-built facility just outside Bradford on Avon. Their products are available to order online and through wholesale stockists in the UK. In the last year, they have started exporting to Europe, mainly Germany and France. Dan said: “We’d been thinking about exporting for some time. We were part of the Entrepreneurial Spark initiative in Bristol – an accelerator programme. Someone came from the Department of International Trade to give a talk and we had a chat afterwards. Then we were contacted by a company in Germany, got our first order and it started there.” Dan says the DTI has appointed a trade adviser who has visited their Wiltshire premises more than once and is on hand to offer advice around intellectual property, e-commerce and many other aspects of trading overseas. As for Brexit: “I’m not bothered,” Dan said. “Businesses in this country are going to do business with countries inside and outside of the EU whatever happens. I’m just doing what I do and I’m going to continue to do that. If tariffs come along later, I will have to take that into account at the time.” For more info: www.elementsforlife.co.uk @MakeRawChoc GripIT Fixings Founded by entrepreneur Jordan Daykin, it’s a product known as ‘The World’s Ultimate Plasterboard Fixing’ and can hold extreme weights up to 330kg from a small picture frame to large kitchen cabinets. The company has its HQ near Trowbridge. GripIt Fixings are now available in more than 3,000 UK stores and in 32 countries in Europe, including Poland and Germany. The products have recently moved into countries outside the EU including South Africa, Dubai, Australia and New Zealand and will be moving into Home Depot in the USA in June. Jordan said: “Some of our challenges have been gaining the correct shipping locations or ports as well as making sure we have correct costings before any deal is made. Another challenge many businesses will face is the potential communication barrier – as a company we need to make sure they receive the correct information and we are also receiving it back.” Jordan’s Top Tips: • Make sure you research the market - is there a need for your product? • Consider shipping costs, logistics and overseas taxes • Adjust your marketing strategies and POS accordingly • Ensure your product is protected with a patent overseas • Create an exporting plan to set your goals and routes out • Test the water, you can always sell online overseas at first, to fact find the best market for your product For more info: www.gripitfixings.co.uk @gripitfixings THE BUSINESS EXCHANGE 2017 25