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The Tour Operators' Margin Scheme
How converting foreign currency is different when using the Tour Operators' Margin Scheme.
Manage country risk for imports
Different cultures, regulations, languages and other country risks for importers.
Invoicing in foreign currencies
What your invoices must show when invoicing in foreign currencies and what to do about advance invoicing.
Minimise the impact of import delivery problems
Controlling the risk of damaged, delayed or incomplete deliveries.
Ensure imported goods meet your requirements
Ensuring imports meet UK legal requirements and customer demand.
Assess the reliability of overseas suppliers
Managing supplier risk for imports.
Manage foreign exchange risk for imports
Protection against changing exchange rates.
Avoid payment problems with imports
Import payment methods and financial planning.
Champion net zero through your business
How your business can become an advocate for net zero actions within your community and across wider society
Advantages of becoming a net zero business
How becoming a net zero business can improve business resilience, attract customers, and improve social responsibility
Barriers to becoming a net zero business
There are several challenges which many types of small business must overcome to make a successful journey to net zero
Carbon literacy for your business
How becoming carbon literate in your business is an important step on the way to realising your net zero ambitions
Letters of credit
What letters of credit are and how they can be used to reduce risk when importing and exporting.
What is a letter of credit?
What letters of credit are and when they are used.
Improve your environmental performance
A more environmentally-friendly approach can protect your business, save money and improve your reputation.
Reduce costs by improving your environmental performance
How to save your business money by cutting energy use, reducing waste and making full use of environmental tax breaks.
Save water at industrial premises
How your business can reduce water use at industrial sites through measures such as efficient processes and cleaning.
Business benefits of good environmental and sustainable practices
How going the extra mile to demonstrate your commitment to protecting the environment can boost your business.
Reduce environmental risk insurance costs
How your business can lower insurance premiums through effectively tackling environmental issues and minimising risks.
Gain marketing benefits through improving environmental performance
Strong action on environmental issues can demonstrate your commitment to creating a socially-responsible business.