Efic and the Export Council of Australia (ECA) have partnered to launch an app that provides new and growing exporters, particularly small to medium businesses, with need-to-know information.
According to Andrew Watson, executive director, export finance at Efic, the Export Essentials app alerts businesses to details often overlooked when planning to export.
“Exporting can be a complicated business, especially when you’re new to the process or entering a new export market – the Export Essentials app is designed to empower new and less experienced SME exporters with the tools and information they need to achieve their export goals,” he said.
“From checklists and calculators, to understanding how to manage currency risk, Export Essentials will continue to be updated on a regular basis to provide businesses with the help they need to develop export strategies and opportunities.
“We encourage new exporters to seek professional advice when starting their export journey. It’s important to understand the steps and risks, and critical to get help from the experts – the likes of Austrade, ECA, and legal and accounting professionals.”
Former Federal Minister for Small Business, Bruce Bilson said the evolution from an Australian SME to an exporting SME can be daunting.
He explained, “there are so many questions that a SME needs to ask itself when planning to export, or enter a new export market. Export Essentials is a resource that provides useful, practical and actionable information and supports SMEs to get their ambitions underway.”
To download the free Export Essentials app, visit the Apple or Android app store and search for ‘Export Essentials’.