NI Chamber Brexit Hub
Business Brexit Checklist
This checklist has been created to help businesses consider the changes that Brexit may bring to your firm, and to help business planning at both operational and Board levels.
The UK’s impending departure from the European Union will bring change for businesses of every size and sector.
While some companies are already planning for the challenges and opportunities ahead, Chambers of Commerce believe that all firms – not just those directly and immediately affected – should be undertaking a Brexit ‘health check’, and a broader test of existing business plans.
Time spent thinking through the changes that Brexit may bring to your firm could yield real dividends in future. While the final settlement between the UK and the European Union is still to be negotiated, there are steps that businesses of all sizes can take now to start planning ahead. Recent Chamber surveys have asked:
- Have you / your management team devoted time to considering the potential consequences of Brexit – direct or indirect – on your businesses?
- If you have one, have you consulted with your Board of Directors on Brexit – or scheduled an opportunity to do so?
- Have you mapped your supplier and customer base – and considered how changes in the UK-EU trade relationship could affect them?
This checklist has been prepared in response to the findings, which suggest that a significant number of firms are either watching and waiting – or taking no action at all. We hope you find it useful as a basis for business planning at both operational and Board level.
NI Chamber has produced a document with a number of FAQs on Brexit, including:
- What is the withdrawal agreement?
- What is the political declaration?
- What is the transition period?
- What is the ‘backstop’ and why do we need one?
- What should businesses be doing to prepare for Brexit?
Plus many more – Click to download NI Chamber Brexit FAQs
To help your organisation plan for Brexit, NI Chamber has compiled a number of resources.
No deal Brexit advice for Northern Ireland businesses
HM Revenue & Customs (HMRC) has provided advice to businesses that only trade with the EU. The UK will be leaving the EU on 29 March 2019. It is recommended that Northern Ireland businesses should continue to plan for every possible outcome including no deal…read more
Where are you on the planning for Brexit scale?
During their last webcast, PWC asked their audience how ready their business was for what could come next with Brexit. The results were stark, with more than 50% recognising they had much more work to do, particularly for ‘no deal’…read more
Get Ready for Brexit
Helping your business mitigate the risks and maximise the opportunities of Brexit. Invest NI’s one-stop resource of best practice guides, information advice and support available to help you prepare for Brexit…read more
Get Ready for Brexit – Specialist Workshops
At these events, held by Invest NI, you will hear from specialist advisors to help you understand how well-prepared your business is for Brexit. The workshops will take place in Belfast, Omagh and Templepatrick…read more
Brexit: Start to plan vouchers
Are you a business looking to navigate your way through Brexit and are unsure what to do next? InterTradeIreland offers 100% financial support up to £2000/€2250 (inclusive of VAT) towards professional advice in relation to Brexit matters…read more
Partnership pack: preparing for changes at the UK border after a no deal EU exit
This partnership pack is designed to help you support businesses preparing for day one if we leave the EU without a deal…read more
Preparing for a no-deal Brexit
Parliament has rejected the Withdrawal Agreement. What steps can businesses now take to protect their interests in a no-deal Brexit scenario?…read more
Brexit briefing: The Withdrawal Agreement
On 15 January, the UK Parliament voted to reject the Brexit Withdrawal Agreement which sets out the terms of the UK’s exit from the European Union and Euratom…read more