Ward Hadaway is supporting Small Business Saturday by providing some top tips to help SMEs stay on the right track with so much uncertainty expected in the future.
The need for UK businesses to find new markets for goods and services is greater than ever before, but making that a reality calls for expert help.
Dealing with different countries with different rules, regulations, customs and legal systems is not always a straightforward task.
However, with the right assistance, international trade can open up a whole new world of opportunity to any enterprise, regardless of size.
The use of the internet trading and international delivery systems can make even very small companies exporters and lead to legal complexities they may not have appreciated.
However for the more sophisticated exporter it is vital to be aware of specific issues such as letters of credit, HMRC rules on invoicing, export guarantees, trade control restrictions, bills of lading, bills of exchange, insurance arrangements and the use of Incoterms.
At Ward Hadaway, our international trade team has years of experience helping businesses of all sizes to export, set up new operations, appoint agents and distributors and establish joint ventures across the world.
We advise both businesses and financial institutions and so understand the technical requirements associated with arrangements for getting paid which are, of course, vital to successful exporting.
As well as advising experienced large exporters, we also support smaller businesses, working closely with them to help the UK’s export drive. We recognise the small business of today is the big business of tomorrow and they need to get the right solution first time to give them a basis on which to grow.
When it comes to international trade, knowledge of the many legal issues involved is only the start. Our team has also experienced at first hand the cultural differences associated with doing business in overseas territories. This enables us to give pragmatic advice in often commercially complex situations.
As a result, we can advise on commercial arrangements from relatively simple terms of trade through the vast range of complex contracts to long-term agency, licensing, distribution and manufacturing contracts and joint ventures.
To assist our exporting clients we are part of an international group of law firms and consultants, Geneva Group International (GGI), which gives us global coverage when it comes to needing “in country” support and local law advice.
The members of the group are quality assessed to ensure that the work they do will meet our and your standards. Find out more about our international alliances here.
Our services include advice on:
- Agency agreements
- Export control legislation
- International contracts
- International supply of labour and services
- International Trade finance
- Joint ventures
- Licensing and distribution
- Manufacturing contracts
For a legal service that can open up a world of opportunities, please get in touch.