Brexit’s implications for business and the wider community will bring change for businesses of every size and sector. While some companies are already planning for the challenges and opportunities ahead, we believe that all firms – not just those directly and immediately affected – should be undertaking a Brexit 'health check', and a broader test of existing business plans.
Time spent thinking through the changes that Brexit may bring to business could yield real dividends in future. While the final settlement between the UK and the European Union is still to be negotiated, there are steps that businesses of all sizes can take now to start planning ahead and time is now critical for that to be undertaken.
Understanding where your own supply chain sources its goods from may uncover issues which business may not have known about, and while much of the detail is still not known, connecting with the Chamber of Commerce gives businesses access to a broad expertise and connectivity into government which can be vital.
Whatever happens on March 29, 2019 and in the following months, our focus at the Chamber remains firmly on assessing the implications for business, seeking clarity and providing practical guidance on the key issues our members need to be aware of. Basic questions on real-world operational issues remain unanswered and we are actively engaging with local and national governments, and with the key economic agencies, to encourage businesses to take action now to plan and protect their businesses as much as is currently possible.
Many businesses have held off with undertaking a review of the implications of Brexit due to the unknowns and the ever-changing landscape, however time is running out and understanding the resources available to develop Brexit plans must now be top of the business to do list.
We've brought together the following links to websites with advice on how to prepare for Brexit. These are being updated when new information becomes available, so it's worth checking them regularly.