Is your business prepared for Brexit?

We know that the uncertainty about Brexit has made it difficult to know how to prepare, and that as the deadline approaches and things remain unclear, it's easy to bury your head in the sand. But the countdown to Brexit is on and it's time to get ready and put practical steps in place to make sure your business is ready for 31st October 2019.

Our team of expert advisors can provide bespoke assessments of your business and the areas where your business might be affected by Brexit. providing personalised practical plans to ensure your business is ready for when Britain leaves the EU.

You can start by taking our Brexit checklist quiz to see how your business could be affected by the changes. You can also request a call back from one of our Brexit Advisors to help you work through exactly what your business should be doing to prepare for Brexit right now.

Below you are able to download our FBCMB regional tube maps, where you can find your sector line and see the issues that will affect you on each stop. You will travel through zones covering international standards, EU rules, opportunities, people and trade. On each step of this journey you will need advice and our team are on hand to provide it.

 

The big questions are; how will you do business in the short term in the event of no deal? In the medium term during any transitional period between Brexit and the entry into force of a new UK-EU trade agreement? And in the long term under the new trade agreement?

It is already clear, however, that you or those you supply are not going to enjoy the same access to the EU's Single Market under a trade agreement as you do while the UK is a member of the EU.

The main threat you face is uncertainty about the outcome. Nonetheless, you need to assess the impact of a worst-case-scenario Brexit now, in other words without any withdrawal agreement in place, and have in place contingency plans which are flexible enough to respond to developments in the negotiations.

Our team can help you with all that you need in four 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 the moment they become clear.

  2. Preparation - Prepare for Brexit with and without a deal. To do so, businesses should carry out a Brexit legal impact assessment followed by a Brexit commercial impact assessment. These will form the baseline of any contingency measures. To be Brexitproof, FBC Manby Bowdler’s online survey can help you legally and commercially.

  3. Action - Based on this survey, 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, and stress-test them against a range of Brexit scenarios, whatever industry you operate in.

  4. Influencing - The best way to avoid a Brexit that damages your business is to influence the outcome yourself. Brexit provides an opportunity to do that, which businesses should exploit more. FBC Manby Bowdler has the benefit of advisers in Brussels and London. We can devise and implement policy advocacy strategies to influence the course of further Brexit negotiations, the negotiations on a new trade agreement and build long-term regulatory compliance strategies, including relationship-building with key influencers and government authorities.

Our team of experienced sector specialists has examined the potential impact of Brexit in your sector. Peter Wilding, our Brexit Director, is able to provide in-depth analysis on the political, policy and legal implications of Brexit, and translate what they mean for manufacturing, agricultural and hospitality clients. He has 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. Few other lawyers have a background so suited to giving Brexit advice.

Brexit director to speak at key food and drink event

07/02/2019

Leading Brexit expert Peter Wilding is to be a keynote speaker at a special event for food and drink producers in Shropshire.

Mr Wilding – Brexit director at leading Midlands law firm FBC Manby Bowdler – will discuss the impact of the UK’s EU withdrawal on food and drink manufacturers at the event in Telford on February 19.

The free two-hour seminar, being staged by Harper Adams University and Aston University in Birmingham, will show small and medium-sized food and drink manufacturers how to use technology and innovation to grow.

Organiser Richard Fallon said it was open to producers from across Shropshire, Telford & Wrekin and Herefordshire who wanted to get expert advice on how proven technology solutions could help their businesses.

Mr Wilding, widely acknowledged for coining the term 'Brexit', said he would be highlighting some of the steps producers can take now to reduce the impact Brexit could have on their business.

“There is still a long way to go until we know what final form Brexit will take, but there are lots of things companies in the food and drink sector should be doing now to help prepare themselves,” he said.

“I will be giving an insight into the most effective steps the industry should be taking right away and discussing the likely outcomes of the political negotiations and what that could mean in the future.”

The seminar is being held at Telford Innovation campus on Shifnal Road, Priorslee, from Noon to 2pm and will showcase some of the support that Harper Adams and Aston University can provide.

Some of the businesses which have already benefitted from their advice will be on hand to discuss their success, including Zoe Harrison the owner of Shropshire-based artisan nut butters manufacturer Butterbelle.

Mr Wilding is leading FBC Manby Bowdler’s Brexit Advisory Service, which has been inundated with inquiries from farmers and food producers about how they can ‘Brexitproof’ their operations.

Mr Wilding, and FBC Manby Bowdler’s advisory team, can be contacted at peter.wilding@fbcmb.co.uk or on 01694 724440.

To book your place on the seminar click here.


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