As Brexit negotiations proceed tensions are increasing. While nothing is definite as of yet, preparations in terms of risk assessment and scenario planning are worthwhile exercises. It is also important for businesses not directly trading with the UK but with other countries to consider possible impacts such as the UK land connection. In terms of trade with other markets, Irish businesses tend to transport the majority of the goods via the UK to access other markets due to the efficiency and speed.  The impacts of Brexit may lead to border procedures which would be costly and time-consuming as the alternative slower sea routes at present do not have sufficient capacity to deal with the volumes.

As a small business owner based here in Ireland, it is important to prepare for upcoming challenges arising from Brexit. The preparations should also include a strategic look at possible opportunities presented by Brexit.

The Local Enterprise Office Kilkenny is hosting a Brexit Advisory Clinic on Friday 7th December. The Brexit advisor is Denis Casey, t/a Casey Business Consulting. Denis has international experience spending three years in the UK, one year in Japan and has worked at senior level for projects in the Middle East.

He has considerable experience in conducting business risk assessments and in preparing continuity plans to make sure organisations are ready to deal with disasters. He also has experience of developing and successfully implementing price increase strategies and new organisational structures.

Specifically, in relation to planning for Brexit he has;

• Delivered a workshop for InterTradeIreland at its ‘Practical Help to Navigate Brexit’ event in Sligo.
• Written a series of articles on how to prepare for Brexit – these were published on Bank of Ireland’s Think Business website – links to two of the most relevant articles are included here https://www.thinkbusiness.ie/articles/how-to-prepare-for-brexit & https://www.thinkbusiness.ie/articles/how-to-deal-with-brexit-risks

 Denis is an InterTradeIreland approved Brexit Consultant. He provides support to businesses under its Brexit Start to Plan Voucher.

• Under this he guides business owners through a structured risk assessment process. This identifies the risks posed by Brexit for the business, with each risk weighted based on its impact on profitability and turnover. The results of the risk assessment are then used, together with strategic planning tools, to develop a robust Brexit action plan.

 Limited places are available – appointments will be allocated on a first come, first served basis and online booking here or by contacting the office directly 056-7752662.