Instability has come to define the global business landscape and the ability for mid-market firms to thrive through disruption is becoming a key differentiator.
A shifting global trade landscape is contributing to rising uncertainty, but could it also unlock new opportunites for adaptable mid-market businesses while larger companies opt to wait and see?
Traditional global export markets continue to shift as tariffs are introduced, presenting a challenge for mid-market firms
Top five major constraints that are testing the mid-market’s ability to grow their businesses internationally.
Brand has been identified as a key driver of mid-market success when looking to grow and develop international business.
Evolving supply chains and trade patterns amid ongoing global uncertainty.
The mid-market looks to international business opportunities for growth.
How can recruitment and retention help grow international business?
Expert insights and inspiration to enable you to navigate the risks and harness the growth opportunities of going global.
Optimism among global mid-market business leaders rose to 67% in the first half of this year and they are markedly more optimistic about their prospects with global optimism having increased by 8%.
According to the latest data from the International Business Report (IBR), Grant Thornton’s global survey of mid-market companies, business leaders are being cautious about their future investment intentions.
Business leaders currently face a unique set of challenges. In many markets inflation and interest rates are high and, although economic growth is sluggish, employment rates remain high too, meaning that skilled workers continue to be in short supply.
Three of the threats uppermost in the minds of business leaders in the mid-market were inflation, cyber attack, and economic slowdown.
Although there are signs of an improving global economic outlook, mid-market firms are under no illusions about the difficulties ahead.
Despite ongoing economic uncertainty, many international business leaders continue to see international trade, and particularly exports, as a key driver for growth.
Against a backdrop of rising inflation, a talent war, political upheaval and economic contraction, the mid-market is maintaining optimism over export growth.