Brexit – Preparation is key to survive in a post-Brexit economy

Last week marked a notable deterioration in Brexit negotiations, despite this setback, SFA continues to hope for a swift conclusion to the trade talks, as a ‘no-trade deal’ Brexit would spell further difficulties for small companies.

 

Whatever the shape of the future trading relationship with the UK post transition, trading conditions with the UK will change and businesses need to prepare for that change. Use the below steps to get started today.

 

Assess whether your business trades with the United Kingdom or moves goods through the United Kingdom.

 

If it does: 

  • TALK to your business partners. The end of the transition period might also impact your supply chain, so you need to be aware of what it means for your suppliers, intermediaries or transporters. 
  • CONTACT your Local Enterprise Office and review the Brexit Preparedness Checklist to get full details and explanations on what you need to be ready for at the end of the transition period.  
  • CONSULT the Brexit Readiness Action Plan, where you will find information on the steps to take now. 
  • VISIT the Getting Business Brexit Ready website to learn how Brexit will affect your business. 
  • SIGN up for Clear Customs Online 2020. Skillnet Ireland’s free online customs training, for businesses that moves goods frequently to, from, or through Great Britain. 
  • APPY for Ready for Customs. A grant of up to €9,000, through Enterprise Ireland, for businesses per eligible employee hired, or redeployed within the business, to a dedicated customs role.  
  • ACT now! Do not wait until the end of the transition period to think about how you need to adapt. Some of the processes and procedures you need to follow take time, so you should start as soon as possible to avoid unnecessary difficulties for your business. 

Yesterday, the UK government launched a new campaign, “Keep Business Moving, which will provide information on the actions EU businesses will need to take to continue trading smoothly with the UK at the end of the year. The UK will be hosting a webinar on 25th September at 10am for Irish businesses to help you understand the UK border requirements. More information on the webinar and preparing for the end of the transition period can be found here.  

 

Our colleagues in Ibec have developed a Tracker on the Protocol on Ireland/Northern Ireland and a Tracker on the EU-UK Future Relationship to assist business-owners follow developments on the negotiations and the implementation of the Protocol on Ireland/Northern Ireland. This resource will be updated on an ongoing basis.  

Visit www.sfa.ie/brexit to login and access the tracker and more information.

 

If you have a sector specific query relating to Brexit please contact Elizabeth Bowen, Senior Executive at elizabeth.bowen@sfa.ie or 087 188 2951 

Facebook Twitter LinkedIn Del.icio.us Digg Yammer
In this issue
SFA Fortnightly Update
SFA in the media
SFA Sentiment Survey - last chance to enter
MentorsWork: Early Access for SFA Members
Brexit – Preparation is key to survive in a post-Brexit economy
An Taoiseach launches the SFA National Small Business Awards 2021
How is the Workplace Relations Commission managing during Covid-19
Business to Business: A virtual networking event for small business
Thinking Ahead: Grievance and Disputes Procedure