Why you should export to the USA

Why you should export to the USA

Whitney - May 03, 2018

 

It is a well-known information that the USA is the biggest economic in the world, which advances on a daily basis, has the biggest GDP and has had a stable, economical growth on an annual basis even after the major financial crisis in 2008. There are immeasurable amount of benefits a UK exporter would receive when exporting his goods in the country.

 

The Reasons to Do So

Let us begin with the most obvious one, which is not as linked to economical factors as others. Both countries have the same heritage plus we speak the same language. That would make business negotiations easy to be conducted, and the cultural barriers are basically nonexistent.

 

That being said let us look into the economical and regulatory factors. The country is known for its values to have all of its markets open. That means that the government has extremely low regulatory barriers, which are meant to provide the same opportunity for every seller and allow him to achieve results based on his business of conduct. The legal system holds the upmost standards plus you would access a market which has the biggest global supply chain opening up opportunities to reach out to other markets on a future notice.

 

Selling products through

courier

services

to USA

from UK would pose no trouble in the process. The only thing you should take into consideration is the fact that using major

services

like tnt.com/express/en_gb/site/shipping-

services

.html">TNT
would reduce your profit margins by a lot.

 

Conduct a Market Research

Before you begin selling your products and using courier service to USA from UK, you should create the best possible strategy to enter the market. You would only be able to do so if you make a perfect market analysis. Planning every step of the process is vital to achieving success. It will not only enable you to reach out to the desired customers but also give you the necessary knowledge to protect yourself from possible legal liabilities which your company might be open to otherwise.

 

It is important to keep up with the government standards and requirements as well as the standard industry practices of the respective business niche you are aiming at. You might have to completely revamp your internal procedures of production, safety, and response before entering the market.

 

All of that should furthermore be expanded by dwelling into the respective laws of each individual state. Keep in mind that the USA is not a single country per say, but a federation of different states and while the Federal regulations are to be kept by everybody, there are state regulations for each state that again must be respected.

 

The good news is that the long lasting business relationships between the UK and the USA will make the whole process much easier, and allow you to reap the results in a much shorter duration compared to businesses coming out from other countries. Considering the high standards, the country has, there should be no product, which could not be sold there.

 

 

 

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