What is the future of startups in export?

Question

What is the future of startups in export? Do you think youngsters from EU would be interested in starting a UK base after Brexit?

This question was asked as part of our webinar on ‘what exporters need to know about Brexit in 2017’:

http://opentoexport.com/webinars/what-exporters-need-to-know-about-brexit-in-2017/

Answer

This question is very difficult to answer at this stage in the exit process, and depends on issues outside of international trade, such as negotiations on migration control.

Given the current climate, it would probably be more difficult for young entrepreneurs from EU Member States to move, reside and set up a business in the UK, although there may be UK government help available if they can see “business gains” arising from it.

It should also be said that the UK has a very favourable reputation in some business sectors, such as creative and consumer goods, so the positive benefits on offer from working in the UK may outweigh any increased difficulties, and the UK may still attract new talent and entrepreneurs.

Answer

This question is very difficult to answer at this stage in the exit process, and depends on issues outside of international trade, such as negotiations on migration control.

Given the current climate, it would probably be more difficult for young entrepreneurs from EU Member States to move, reside and set up a business in the UK, although there may be UK government help available if they can see “business gains” arising from it.

It should also be said that the UK has a very favourable reputation in some business sectors, such as creative and consumer goods, so the positive benefits on offer from working in the UK may outweigh any increased difficulties, and the UK may still attract new talent and entrepreneurs.

Answer

This question is very difficult to answer at this stage in the exit process, and depends on issues outside of international trade, such as negotiations on migration control.

Given the current climate, it would probably be more difficult for young entrepreneurs from EU Member States to move, reside and set up a business in the UK, although there may be UK government help available if they can see “business gains” arising from it.

It should also be said that the UK has a very favourable reputation in some business sectors, such as creative and consumer goods, so the positive benefits on offer from working in the UK may outweigh any increased difficulties, and the UK may still attract new talent and entrepreneurs.

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