Archive for the ‘Brexit’ Category

Brexit – Keep calm and plan

May 8, 2017

Prepare for Brexit - Enterprise Ireland

The uncertainty, implications, and fallout from Brexit was the topic for debate at an Enterprise Ireland event that I went along to this week.

As a country so heavily dependent on exporting to the UK, Brexit represents the most significant economic challenge facing Ireland and one which we are advised to plan for without really knowing what the fallout will be.

While we can only speculate, Enterprise Ireland have rolled-out a dedicated roadshow, specific grant and an online tool to encourage businesses to plan and prepare so that anything other than a hard Brexit is somewhat of a bonus, dare I say it.

The UK will continue to be a key market for businesses in Ireland and the advice for companies in preparation for Brexit is to be as lean and innovative as possible.

Like all challenges, Brexit presents an opportunity for businesses to re-evaluate their markets, products, risks and operations to hone their business contingency plans to build resilience, which is never a bad thing, is it?

A well-thought-out business plan will be crucial for responding to change which is why an investment of time and resources will be vital.

Enterprise Ireland has launched a really clever Brexit SME Scorecard – a planning tool for Irish exporters to the UK designed to assess business readiness for Brexit as well as a Be Prepared Grant to help to financially support and encourage businesses to research, prepare and focus on the elements of their business which they can influence, whatever the outcome of Brexit.

There is no doubt that we’re facing a time of change and uncertainty but one thing is for sure – trade, as one of the oldest professions in the world, will still continue between people and countries.

How we prepare for change will make all the difference.

Aoibhinn Twomey - Fuzion PRAoibhinn

Aoibhinn Twomey is a Senior Account Director with Fuzion Communications – PR, Marketing and Graphic Design  who have offices in Dublin and Cork, Ireland


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