The lead up to Brexit appears to be becoming more fraught as the days quickly pass by. The TV and radio broadcasts invite a constant reminder, what effect will BREXIT have upon my business?
March 29th looms ever closer, and we still don’t know what’s going to happen. There is no way to properly predict what effect, positive or negative, this will have on business and even though “No Deal” is off the table, it is not a legally binding agreement – it could still happen. This scenario is the one we can most accurately prepare for which also causes the most disruption to services. This option could mean changes in location, loss of jobs, and price increases.
This brings obvious worry about cashflow, it’s always best to prepare for the worst – you could save yourself a lot of worry by seeking finance to ease cashflow for over the transition period. This could tide you over for any surprise changes in the way your suppliers and clientele react.
Not only can this relieve cashflow issues that may arise, it can also pave the way for the growth of your business if it’s requirement changes. Maybe you won’t be affected, but now you have ability to expand and capitalize as you are in a more stable position.
If you would like to speak to someone one about getting ready for Brexit and need help with finance, you can reach us on our finance helpline on 01274 965356. Let us know about your current position and worries and we will see how we can help you in these uncertain times.