Editors note: The following content has been exclusively provided by Toby Harper, CEO of Harper James Solicitors.
Following the monumental challenges the Covid-19 pandemic has thrown up, businesses now face a new battle: dealing with Brexit.
In the weeks and months ahead, one question will be on every entrepreneur’s mind: how will Brexit affect my business?
As business owners, we don’t like uncertainty. The government now needs to provide regular, clear and updated advice on what our withdrawal looks like and how it will impact on companies across the UK. But, equally, as our report sets out, there are things that all businesses can do right now to try, and best manage the challenges Brexit will bring.
A recent report by the Institute of Directors revealed only a quarter of business leaders thought their organisations were fully ready for the end of the transition period.
Nearly half of the 978 company directors polled said they weren’t able to prepare, of those, one in seven admitted to being ‘distracted’ by Coronavirus. Almost a third said they needed the details of any changes to be clearer before adjusting.
The overriding message was businesses felt unable to prepare, whether due to pressures of the pandemic or because they needed more clarity.
It is against this backdrop that Harper James Solicitors, a law firm purpose-built to support businesses from start-up to scale- up, releases this white paper: Preparing for Brexit.“
We are delighted to share this today with Commercial People News as it provides a step-by-guide for entrepreneurs and businesses who’re looking to preparing your business for the changes coming next year.
Getting the right advice now and ensuring your business is Brexit-ready could save you a lot of money and prevent disruption to your business in the future.