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Why UK Businesses Should Export...

the infographic demonstrates links between exporting and increased turnover

Open to Export, the new digital export advice service from UK Trade & Investment (UKTI) and hibu plc *, has released a new infographic urging firms to consider trading internationally.

'Why UK Businesses Should Export…', highlights the funding that is available for exporters from the Government, as well as outlining the benefits that overseas trade can offer UK businesses.

Using facts and figures from independent research conducted by OMB Research and commissioned by UKTI, the infographic demonstrates links between exporting and increased turnover and levels of growth not otherwise possible. It also lists the opening of new revenue streams, the spread of risk and the opportunity for innovation as additional benefits.

The infographic was created to celebrate the official launch of Open to Export and sits on the service’s official site (http://opentoexport.com) alongside further advice from experts from organisations including the Confederation of British Industry (CBI), Smarta and RBS.

To view or download the graphic, please visit http://opentoexport.com/theme/getting-started/.

* hibu is the new company name for Yell Group

-Ends-

Notes to Editors

1. The hibu – UKTI partnership was announced in November 2011 by the Prime Minister, David Cameron. UKTI is committed in its strategy to deliver a digital export service. hibu (previously Yell Group) was selected as a partner by UKTI following an open competition.

2. Background

The Open to Export service went live in a Beta trial in June. Businesses have been provided with content around how to trade in the USA and India. The Service is now being rolled out to include other major markets.
Over the next 12-24 months it will expand to cover the other export markets that SMEs tell us they want support for. Content coverage on the service is growing with the community of users.

About UKTI

UK Trade & Investment (UKTI) is the government department that helps UK-based companies succeed in the global economy. We also help overseas companies bring their high quality investment to the UK’s economy – acknowledged as Europe’s best place from which to succeed in global business. UKTI offers expertise and contacts through its extensive network of specialists in the UK, and in British embassies and other diplomatic offices around the world. We provide companies with the tools they require to be competitive on the world stage. For more information on UKTI, visit www.ukti.gov.uk or telephone +44 (0)207 215 8000. For latest press releases, visit the online newsroom at www.ukti.gov.uk/media.

About hibu

hibu helps communities thrive by facilitating millions of connections each year between consumers who want to find products and services locally and the merchants who provide them.

hibu helps consumers find local businesses and shop in new, innovative ways. Its dedicated online hibu markets provide comprehensive, convenient access to local goods and services. hibu helps merchants compete in the digital world with a broad range of marketing and commerce solutions delivered online and through hibu’s direct sales teams. Building on its heritage as a premier directories provider, hibu continues to offer a full range of print - and distribution-based marketing services.

hibu operates in the UK, US, Spain, Argentina, Chile, Peru and US Hispanic markets. In the year ended 31 March 2012, hibu had 1.2 million SME customers and total revenues of £1.6 billion.

For further information about hibu, visit hibu.uk.


Enquiries

For more information or a copy of the infographic please contact: opentoexport@propellernet.co.uk.

Eshe Brown on 01273 760 959
Sophie Coley on 01273 760 969

This press release was distributed by ResponseSource Press Release Wire on behalf of Propellernet in the following categories: Business & Finance, for more information visit https://pressreleasewire.responsesource.com/about.