Ready, Brexit, Go – Enterprise Ireland encourage companies to get Brexit ready

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Enterprise Ireland continues drive to encourage companies to get Brexit ready and take action
Enterprise Ireland continues drive to encourage companies to get Brexit ready and take action

Enterprise Ireland continues drive to encourage companies to get Brexit ready and take action

12 ‘Brexit Essential’ questions outlined to get businesses ready for Brexit

Enterprise Ireland has this week revealed 12 ‘Brexit Essential’ questions which will help businesses further prepare and take action ahead of the UK’s impending withdrawal from the EU.

The Brexit Essentials campaign highlights the key questions and documentation that businesses need to address in order to trade successfully with the UK post 31 October.

12 Brexit Essential questions

Customs
1What is your EORI number?
2What is the commodity code for your products?
3What is the country of origin for your products?
4How will you manage customs procedures i.e. in-house or via a broker/agent?
Strategic Sourcing
1What % of your goods are sourced from or through the UK?
2What alternative supplier(s) have you identified for your contingency plans?
3Which UK supplier will have the greatest Brexit impact on you?
4What steps have you taken to enhance your UK supplier relationships?
Financial & Currency Management
1What is your break-even € / £ exchange rate for your
UK business?
2How much extra funding will be required to support
your Brexit action plan?
3Which steps have you taken to reduce the risks of
adverse FX movements?
4What is the impact of Brexit on your company’s cash
flow?

For more information go to : https://www.enterprise-ireland.com/en/News/PressReleases/2019-Press-Releases/Enterprise-Ireland-continues-drive-to-encourage-companies-to-get-Brexit-ready-and-take-action.html