Many small businesses face trade impediments or lack the ‘know how’, to be successful in export markets, according to the Institute of Public Accountants (IPA).

The Australian Small Business White Paper released last week by the IPA in conjunction with the IPA Deakin University SME Research Partnership, urges the Government to develop an overarching trade policy strategy.

“Australia needs an overarching trade policy strategy that identifies impediments to trade and investment and available opportunities for liberalisation, and that includes a priority list of trading partners,” said IPA chief executive officer, Andrew Conway (also co-author and chair of the research partnership).

“Special attention should be given to small business and SMEs and the particular problems and impediments they face in developing export markets for their goods and services.

“Opening up more doors of opportunities for small business to export will be another step in making Australia the best place in the world to start and operate a small business,” said Mr Conway.

More details of the Australian Small Business White Paper can be found at