The UK is scheduled to depart the European Union on October 31, 2019. This will bring change for businesses of every size and sector.
While some companies are planning for the challenges and opportunities ahead, Chambers of Commerce 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 your firm could yield real
dividends in future.
There are steps that businesses of all sizes can take now to start planning ahead.
• Have you / your management team devoted time to considering the potential consequences of Brexit – direct or indirect – on your businesses?
• If you have one, have you consulted with your Board of Directors on Brexit – or scheduled an opportunity to do so?
• Have you mapped your supplier and customer base – and considered how changes in the UK-EU trade relationship could affect them?
• Have you checked to see if your sector is included in the planning notices issued by the UK Government and European Commission? Find out more here and here.
The checklist below has been prepared in response to BCC research on business preparation, member queries and the information available from government. We hope you find it useful as
a basis for business planning at both operational and Board level. For further information and Government guidance links, visit here.
Your firm doesn’t have to navigate Brexit alone. Contact your local accredited Chamber of Commerce to find out how your Chamber can support you.
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