Planning in the context of continued Brexit uncertainty is a major challenge for business, North and South. Notwithstanding recent developments, it remains impossible to predict with any certainty what outcome will emerge. A Deal, No Deal, an extended Article 50, and indeed No Brexit, all remain possibilities.
Many businesses have already heeded the advice to prepare for No Deal. This is the most prudent approach given the likely negative consequences of being unprepared for such an outcome.
Some of the work done in preparing for No Deal will benefit your business - even if a deal is done or a deferral occurs. For example:
To help you prepare for these challenges, we have updated some recommended actions that businesses of all sizes can take to prepare for Brexit in whatever form it may take:
We recommend that businesses use the following framework in reviewing the adequacy of Brexit planning: