Brexit – nine areas of potential impact for your business.
- UK market dynamics – possible market contraction; buy British campaigns
- Currency – impact on profits; delayed decision making due to uncertainty
- Customers – impact on customers leading to challenges and opportunities
- Competition – expect new and increased competition
- Sourcing – impact on cost, certainty and quality; dependence on UK distributors
- Transport and logistics – established transport routes may no longer be optimal
- Regulations and standards – may change for exporting to and importing from UK
- Customs, tariffs and taxation – may see an increase in administration, cost and time
- Movement of people – possible restrictions
Your Local Enterprise Office has a range of supports to help you to address issues and maximise potential opportunities;
For further information please contact your Local Enterprise Office.
Please see Intertrade Ireland's website for information - http://www.intertradeireland.com/brexit