Brexit is up in the air, but forget it and you put your business in peril. Never has the phrase ‘fail to prepare and you prepare to fail’ been so fitting.
Granted, we don’t know yet what form Brexit is going to take. But we do know the various scenarios that Brexit could manifest as after the election:
- Boris Johnson’s deal could be voted through. We would then have a few months to negotiate a new trade deal with the EU and the regulatory framework. Agreeing all this in the time available will be tricky, however. So we will probably have to either negotiate an extension to the Withdrawal period, or simply leave with No Deal.
- A hung parliament might decide to back a softer Brexit. We might, for example, stay within the Single Market and Customs Union, but become a rule-taker instead of helping to set the rules.
- Voters could elect a majority of Remain-backing MPs, who will revoke Article 50 and abandon Brexit.
Brexit checklists
The Ready for Brexit Brexit Checklists, and the Ready for Brexit Brexsure Audit tool are designed to prepare your business for the worst case No Deal Brexit scenario. They will help you assess how ready your business, your employees and those in your supply chain are for a Hard Brexit and then detail how to fix any holes in your plan. By preparing for the worst, you will be well placed for any eventuality and be ready to explore new markets outside of the EU.
Even in the unlikely event that Brexit is completely cancelled, you won’t have completed your Brexit checklists in vain, your business will still be in expansion mode, ready to take on not just Europe, but the world.
It’s win-win.
Anna
Anna Tobin
Editor
Ready For Brexit
Sign up now to download your No Deal Brexit Action PlanSign up to Ready for Brexit membership now and download your planning guide for a No Deal Brexit on 31 October 2019
NO DEAL BREXIT
ACTION PLAN
The No Deal Brexit Action Plan maps out the time available and the time required to undertake the processes to prepare your business for a No Deal Brexit.
Your business will need to modify or completely change procedures to prepare for Brexit. Brexlists help you take a rigorous and structured approach to your preparations:
- The Executive Summary Brexlist Brexit checklist, as its name implies, highlights the key issues
- The Business Functions Brexlist Brexit checklist maps onto the key business functions in a company
- The Directory Brexlist Brexit checklist maps onto the topic headings in our Brexit Directory
highlight what needs to be done, and by when, to ensure that all parts of your supply chain are prepared for Brexit:
- Identify the key questions for your business
- Share key learnings with your business partners
- Identify the key challenges and opportunities
- Highlight key internal and external priorities
BREXIT
DIRECTORY
The Brexit Directory is an extensive database of information and links organised by business function to help you find the information your business needs to know.