38% of small firms plan to trade overseas
A survey of 791 small UK businesses has found that 38% are likely to trade overseas this year. The poll for digital challenger law platform Lawbite saw more than half of the manufacturing firms polled say they plan to trade in Europe, with just over a third saying they wanted to focus on Asia instead. Close to a quarter of respondents said they would conduct more overseas trade if the legal barriers were less complicated. Many motorsport businesses already trade extensively overseas and have found a few practical issues with exporting to the EU post Brexit, but none that are insurmountable