If you're buying or selling internationally, there's a good chance you're losing money - without realising it.

In this episode, Lawrence Bennett (UK Country Manager of WorldFirst) breaks down the hidden costs most founders overlook when scaling globally.

We cover:

- Why "convenience" is costing you margin

- The double conversion trap

- How FX impacts your bottom line

- What founders should actually be doing instead

If you're scaling internationally, this is something you need to understand early.

NOTE:

The views expressed in this podcast are those of the speakers and are provided for general informational purposes only. Nothing in this episode constitutes financial advice, investment advice, tax advice, or a recommendation to enter into any financial transaction.

Foreign exchange (FX) products, including forward contracts, involve risk. You should seek independent professional advice before entering into any FX transaction.

World First UK Limited is a UK registered limited company with company number 05022388 and is authorized by the Financial Conduct Authority ("FCA") as an Electronic Money Institution under the Electronic Money Regulations 2011 with FCA Firm Reference number 900508.

🎧 This episode is powered by WorldFirst, specialists in international business payments. If your business pays overseas suppliers or receives payments from abroad, those transaction fees can quickly add up. As a Screw It Just DO It listener, you can get 50 international transactions completely fee free for 60 days.

👉 Create a free account and claim the offer at worldfirst.com/screwit

🎧 Listen to the full episode of Screw It Just DO It

🎟️ Join us at the Festival of Entrepreneurs, November 3-4 at NEC Birmingham

👉 www.festivalofentrepreneurs.co.uk

Most Founders Are Losing Money Without Realising It

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