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Gloucestershire Business News

Experts offer businesses help with overseas trade

Export experts based in Gloucestershire are highlighting their services to county businesses to help them trade overseas with confidence.

The Government's ambition to grow export from 30 per cent to 35 per cent of GDP, outlined in its recent Export Strategy, has prompted Hazlewoods to set out its stall showcasing what it can offer county firms.

One of the UK's Top 30 independent Chartered Accountants and Business Advisers, the firm also has considerable knowledge and contacts which businesses from Gloucestershire can plug into - which it is highlighting through its #ExpertsInExport campaign.

"We understand the importance of establishing networks of knowledgeable contacts here at home and in the destination countries of exporting firms," said Scott Lawrence, Hazlewoods partner.

"Since the 1980s, we've been an independent member of the HLB accounting network, which means we can introduce our clients to trusted experts in more than 150 countries.

"When Government research identified that 'limited networks and contacts' is a barrier according to 63 per cent of firms, that really struck a chord.

"Lack of knowledge is also perceived to be holding back some potential exporters and an understanding of tax issues is a big concern."

Whitehall's own strategy highlights the importance of developing contacts and 'networks' for firms to achieve their export potential and reveals that a lack of knowledge on tax issues can be a barrier.

Hazlewoods team of specialists advise clients of all sizes and sectors how best to optimise their organisation for competitiveness, in the UK and overseas.

From its base in Stroud, Omnitrack, original inventors and manufacturers of ball transfer units, exports to 56 countries worldwide with 40 per cent of everything they make going to North and South America.

John Cabrini-Dale, managing director, said: "Our ball transfer units are the Rolls-Royce of the industry, we have worked hard to develop a business that now supplies to NASA, CERN, the nuclear and aviation industries and much more.

"Having a firm that we trust in the UK introduce us to quality advisers in other countries takes the stress away for us, so we can continue doing what we do best."

Tom Woodcock, Hazlewoods tax partner, said: "Our business advice helps to steer clients through the international tax system and foreign business practices, so that they can access export markets without running into unexpected taxes and regulation.

"Now we're launching #ExpertsInExport as a rallying call to take up the expert support available for firms that are new to exporting, or those who already export and see the potential for increased international trade.

"We will be sharing tips and insights drawing upon the expertise of the Hazlewoods team and colleagues in our international network."

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