A third of business owners believe overseas markets are more accepting for SSEs as the UK, according to a study conducted by O2.
The research also found 40pc of small companies said that are set to move to a new international next year, with United States as target market more popular destination for would be exporting. Six of ten markets top page identified by the entrepreneurs as offering the best opportunities for growth were outside of Europe.
One in five of the 505 companies interviewed said they were forced to say no to opportunities abroad for twelve months, however.
Major destinations in ten target for the growth of small businesses have said O2 as follows:
1 United States - 33pc
Germany 2 - 28pc
France 3 - 25pc
Australia 4 - 20pc
Netherlands 5 - 15pc
Spain 6 - 15pc
Brazil 7 - 14pc
8 Canada - 14pc
9 Hong Kong - 13pc
New Zealand 10-13pc
None of the respondents identified the Viet Nam as a target market, despite a report published in September which said that the country was the better target investment in the world outside of the Brazil Russia India and China.
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