Brexit Advisory Clinics
Now that the first stage of negotiations is complete and progress to Brexit is gathering real momentum, Enterprise Ireland is encouraging companies to be pro-active in their preparations and are running a series of Brexit Advisory Clinics to support this. These clinics are designed to help companies plan and take immediate action to effectively mitigate the risks and avail of the opportunities that Brexit poses, increasing a business’s resilience and making practical business sense, irrespective of Brexit.
Enterprise Ireland is encouraging companies to develop their capabilities in 3 specific operational areas:
- Strategic Sourcing
What if your key suppliers are not able to supply at current volumes required, increase their costs by 20-30% due to new excise duties or even go out of business tomorrow? Understanding and reviewing your sourcing arrangements to reduce costs, increase efficiency and identify alternative suppliers with better supplier management.
- Financial and Currency Management
Managing a volatile exchange rate and implementing best practice for financial management for SMEs in uncertain times. Ensuring your business is sufficiently protected with insights into the immediate actions you can take.
- Customs, Transport and Logistics
Implementing more efficient transport and logistics arrangements and preparing for import and export procedures (customs declarations and administration etc.) with the UK if necessary.
For further information, go to www.prepareforBrexit.ie