Is your business prepared for Brexit?

The UK left the European Union on 31 January 2020 and entered an 11 month transition period. The UK and EU agreed a deal that governs their relationship from 1 January 2021 onwards. 

We know that the uncertainty around Brexit has made it difficult to know how to prepare, but our expert team will help you to put practical steps in place to make sure your business is ready for the UK’s new relationship with the EU. Our team of Brexit advisors offer in-depth analysis on the political, policy and legal implications of Brexit and how it will affect your business.

We specialise in a wide range of sectors and can help to answer big questions about Brexit and the preparations businesses should make, including:

  • How will the entry into the UK-EU trade agreement affect you?
  • How will the entry into any further UK-EU trade agreements affect you?
  • How will any long-term new trade agreements affect you?

Our team of advisors can provide bespoke assessments of your business, including:

  • Assessing how your business could be affected by Brexit
  • Providing personalised practical plans to ensure your business is ready

A major challenge you face is complying with the terms of the UK and EU deal. Importing and exporting to the EU, travel, hiring and data have all changed. The deal is also not fully comprehensive and further issues, notably relating to the provision of services, are still to be fleshed out.

Our team can help you with all that you need in two steps:

1. Information - You need to have procedures in place to ensure you are well-informed about the Brexit process. Relying on press reports won’t be enough. Understanding and forecasting the likely impacts are fundamental to your Brexit strategy to gaining early competitive advantage. FBC Manby Bowdler will give you with a tailored service which monitors progress, analyses published documents, and identifies the impacts for your business.

2. Action - You should decide what contingency plans you need and when they should be activated. You might be marginally or massively impacted. Contingency measures could include setting up alternative supply chains, identifying new customer markets, or re-skilling employees. FBC Manby Bowdler has been at the forefront of advising clients on the commercial implications of Brexit. We have the experience to help you devise and implement contingency measures for your business, whatever industry you operate in.

Our team of experienced sector specialists has examined the potential impact of Brexit in your sector and can provide an in-depth analysis on the political, policy and legal implications of Brexit, and translate what they mean for manufacturing, agricultural and hospitality clients. We have an expert understanding of how each piece of the jigsaw of EU policy and legislation fits together, an insider’s knowledge of the political and administrative processes of the negotiations, and considerable experience of how UK legislation is enacted.

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