With the Brexit deadline looming, the BPMA encourages its members to plan and prepare for the UK’s exit from the EU.

With so much being said about Brexit at the moment and the prospect of a no-deal exit from the EU becoming increasingly significant, it’s paramount that UK businesses ready themselves for the various different situations that potentially loom.to prepare for potentially significant change, your business will need to identify the areas of a possible impact. By starting that process now, your business will be in a stronger position to determine your priorities for contingency planning and restructuring.

As we are sure you are all aware the current events in Parliament are unprecedented, the uncertainty over the Brexit negotiations are affecting confidence across the market and are proving wearing on our industry.

There are a number of possible outcomes as to how the UK could leave the EU or the possibility still remains that we could have a further referendum which will lead to a protracted period of uncertainty.

It is at these times that the Industry more than ever needs a strong Trade Association.

With the industry’s main exhibition and networking opportunity, Merchandise World taking place in Farnborough on 12 September, it makes sense to use the gathering to share advice and air views on one of the biggest issues facing business in Britain – Brexit. The BPMA Brexit Summit takes place on the afternoon prior to Merchandise World. With Britain set to leave the EU on 29 March 2019, businesses have only six months to prepare for an event that still has many question marks around it. Some businesses are already starting to act. According to CIPS, 63% of EU businesses are expected to move their supply chains out of the UK. Anglo-Dutch brand giant Unilever has opted for Rotterdam over London for its headquarters.

“We can all be sure that Britain is leaving the EU in March 2019 and it is vital that the British industry is prepared. I do hope the BPMA are prepared.” says Jonathan Djanogly MP.

The British Manufacturing Group (Briman) met at the famous London landmark at one of the busiest days for Parliament. The day Theresa May was being questioned for her actions on Syria, 16 members from the Briman Group enjoyed dining in the next room and welcomed guest Jonathan Djanogly MP.

As we set out towards Brexit, promotional suppliers and distributors should take stock of what they can offer overseas markets, says Phil Morgan.

Brexit prompts discussion as to how leaving the EU will affect UK business. Mike Collins gives his advice as to how to prepare your credit management for Brexit.

Like any change in the financial status quo, Brexit will impact upon UK business. Initially it will affect the FTSE 100 companies dealing worldwide but in time, the ripples will work their way down the supply chain. 

We at AccountAssyst believe that prevention is always better than cure. With that in mind, this is how we suggest companies avoid the ‘Seven Deadly Sins’ of credit management.