If you’re a foreign business looking to expand your presence in the UK, or a local entrepreneur looking to work with British companies, you may find the business landscape a bit daunting.
The UK has a rich and complex trade culture, with unique business customs, cultural norms, and legal requirements. However, with the right mindset and preparation, you can navigate the UK business world with confidence and success. Here are ASSEMA’s top insider tips for working with UK-based companies:.
1. Understand Company Dynamics
The UK has a highly stratified business culture, with well-defined hierarchies and protocols. Before approaching a British company, research their organizational structure, chain of command, and communication norms.
Understand who the key decision-makers are, and how best to approach them. Keep in mind that UK professionals tend to value formality, politeness, and respect for authority, so always err on the side of conservative behavior.
2. Take Time to Build Relationships
The UK is a relationship-oriented culture, where strong personal connections are key to business success. Take the time to get to know your British counterparts, and build a rapport based on trust and mutual interests.
Take an interest in their culture, hobbies, and family life. Consider inviting them to events and activities outside of work, such as sports games, concerts, or meals. These efforts will go a long way in establishing a bond of trust and goodwill.
3. Be Clear and Direct in Communication
Despite its reputation for politeness, the UK values clear, direct communication in business. When discussing business matters, be succinct, articulate, and factual.
Clearly state your goals, needs, and expectations, and make sure you understand the other party’s as well. Avoid using overly flowery language or vague expressions; instead, be specific and to the point. However, remember to maintain a courteous and respectful tone throughout the conversation.
4. Emphasize Importance of Quality and Precision
British companies are known for their meticulous attention to detail, and expect their business partners to share this commitment to precision and excellence.
Emphasize the importance of quality in all aspects of your work, whether it’s product design, service delivery, or customer support. Communicate your dedication to meeting high standards, and provide concrete examples of how you have achieved this in the past. This will go a long way in establishing your credibility and earning the trust of your British counterparts.
5. Understand Legal Requirements and Regulations
The UK has a complex legal framework that can be confusing to foreign businesses. Before starting any business in the UK, make sure you understand the relevant laws, regulations, and compliance procedures.
Be aware of procedures related to registering business, intellectual property rights, taxes, and visas for employees. Seek legal advice when in doubt, and make sure you comply with all relevant requirements to avoid legal issues later on.
6. Keep Cultural Differences in Mind
The UK has a unique cultural landscape, with distinct values and customs that may differ from your native culture. Be mindful of these differences, and avoid making assumptions or acting in a way that may be considered inappropriate.
For example, the British tend to value punctuality, modesty, and understated humor, while direct criticism or self-promotion may be seen as rude. Take the time to learn about British culture, or ask a local colleague to help you navigate these differences.
7. Be Prepared for Negotiations
Negotiations can be complex and challenging, particularly when dealing with cultural differences and language barriers. Before starting negotiations, prepare thoroughly, and have a clear understanding of your goals, strengths, and weaknesses.
Be prepared to make concessions, but don’t compromise on your non-negotiables. Listen carefully to the other party’s arguments, and make sure you communicate your position clearly and confidently. Consider enlisting the help of a mediator or interpreter if necessary.
8. Network and Stay Connected
Networking is a crucial aspect of doing business in the UK. Attend industry events, trade shows, and conferences, and make an effort to meet new people and expand your contacts.
Keep in touch with your British counterparts, and follow up on meetings and conversations. Maintain an active presence on social media platforms, and leverage online tools and resources to expand your reach and stay connected with your network.
9. Embrace Diversity and Inclusion
The UK is a diverse and inclusive society that values individuality and creativity. Embrace the country’s multiculturalism, and build a team that reflects this diversity.
Promote gender and racial equality, and make sure your business practices and policies are inclusive and fair. Show respect for different opinions and perspectives, and foster a culture of open-mindedness and innovation.
10. Stay Resilient and Perseverant
Doing business in the UK can be challenging, particularly for foreign businesses. However, with patience, perseverance, and a willingness to learn and adapt, you can overcome these barriers and achieve success.
Stay focused on your goals, and remain resilient in the face of setbacks or challenges. Remember that building meaningful relationships, establishing trust, and delivering high-quality products and services are key to long-term success in the UK market.