How to deal with Brexit risks

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In this article, I examine Brexit in the context of risk; specifically when it comes to customers, suppliers, and logistics.

webport global exporting from Ireland

1. Customer risks
Let’s start by looking at customer related risks. When assessing this, you will need to consider risks posed by your customers’ customers and perhaps your customers’ customers’ customers. You need to look for ...

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Three steps to a successful Brexit for your business

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                     Image by Jonathan Rolande – www.jonathanrolande.co.uk

As Brexit negotiations proceed tensions are increasing between the EU and the UK. This is only natural with the stakes so high and the world watching. As a business owner in Ireland it’s interesting to watch the negotiations playing out. However there is a more serious side to the Brexit process for businesses here. In this article I will outline the three steps ...

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A Hard Brexit is coming – take advice from the scouts and ‘be prepared’

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As we all know the UK triggered Article 50 at the end of March and this began its two year withdrawal process from the EU. The formal talks on Brexit began today in Brussels. As a result the UK will leave the EU before April 2019. The departure could be delayed but only if this delay is agreed to by the UK and all remaining EU countries. The UK will not want to contemplate a delay in the process at ...

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The 7 Benefits of Strategic Planning

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If you don’t know where you are going, then any road will take you there.

For some, “Strategy” and “Strategic Planning” is something that is done once a year which results in a report. Others think it is market position, operational effectiveness or an idea or business model.

Strategy is choosing to perform different activities that can be preserved and that will provide a sustainable competitive advantage. It is a mental exercise. It is a way of thinking about the world and ...

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